<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

Data publikacji: 15 lip 2022

Zakres stron: 475 - 482

Otrzymano: 26 sty 2022

Przyjęty: 18 mar 2022

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

Słowa kluczowe
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

Data publikacji: 15 lip 2022

Zakres stron: 475 - 482

Otrzymano: 26 sty 2022

Przyjęty: 18 mar 2022

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

Słowa kluczoweLogarithmic 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.

Słowa kluczowe
Logarithmic growth function, Economic development, Real estate, Logistic model