<abstract xmlns="http://www.w3.org/1999/xhtml">

<p>This article uses a logarithmic growth model to analyze the correlation between the national economy and real estate. It reveals the Granger causality between the national economy and the real estate economy. The results show a long-term equilibrium relationship and a two-way Granger causality between real estate prices and economic growth. Excessive growth in real estate prices will create bubbles and will also drive economic growth backward.</p>
</abstract>

This article uses a logarithmic growth model to analyze the correlation between the national economy and real estate. It reveals the Granger causality between the national economy and the real estate economy. The results show a long-term equilibrium relationship and a two-way Granger causality between real estate prices and economic growth. Excessive growth in real estate prices will create bubbles and will also drive economic growth backward.

Real Estate Economic Development Based on Logarithmic Growth Function Model

Fuzhou University of International Studies and Trade

Applied Mathematics and Nonlinear Sciences

This work is licensed under the Creative Commons Attribution 4.0 International License.

{"article-title":"Real Estate Economic Development Based on Logarithmic Growth Function Model"}

This article uses a logarithmic growth model to analyze the correlation between the national economy and real estate. It reveals the Granger causality between...

Real Estate Economic Development Based on Logarithmic Growth Function Model

Published Online: Jul 15, 2022

Page range: 475 - 482

Received: Jan 26, 2022

Accepted: Mar 18, 2022

DOI: https://doi.org/10.2478/amns.2022.2.0031

Keywords
Logarithmic growth function, Economic development, Real estate, Logistic model

© 2023 Nan Ma, published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Real Estate Economic Development Based on Logarithmic Growth Function Model

Published Online: Jul 15, 2022

Page range: 475 - 482

Received: Jan 26, 2022

Accepted: Mar 18, 2022

DOI: https://doi.org/10.2478/amns.2022.2.0031

KeywordsLogarithmic growth function, Economic development, Real estate, Logistic model

© 2023 Nan Ma, published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Keywords
Logarithmic growth function, Economic development, Real estate, Logistic model