Artikel
Analysis of China's real estate prices and macroeconomy based on evolutionary co-spectral method
Purpose: This paper investigates the dynamic interaction between the real estate market and the macroeconomic environment of China by use of dynamic coherence function based on co-spectral analysis. Design/methodology/approach: Through a theoretical perspective, the dynamic interrelationship among economic variables at different time intervals (both long and short terms) is analyzed. Findings: The empirical results show that China's real estate market features a high coherence with the change of the long-term interest rate, employment rate and money supply, while there is a moderate coherence between the real estate market and the inflation rate and economic growth rate, and the coherence between the short-term rate of interest and the real estate market is the lowest. Research implications: Previous researches have some shortcomings. They do not consider the dependence between nonlinear series, but the latter is crucial to avoid the deviation of results. In this paper, we proposed a new method of experience to overcome these shortcomings. Originality/value: The paper provides a reasonable explanation accordingly to different coherences between the real estate market and the macroeconomic variables.
- Sprache
-
Englisch
- Erschienen in
-
Journal: Journal of Industrial Engineering and Management (JIEM) ; ISSN: 2013-0953 ; Volume: 8 ; Year: 2015 ; Issue: 2 ; Pages: 598-614 ; Barcelona: OmniaScience
- Klassifikation
-
Management
- Thema
-
real estate
macroeconomy
dynamic coherence function
monetary policy
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Li, Juan
Chen, Xuemin
- Ereignis
-
Veröffentlichung
- (wer)
-
OmniaScience
- (wo)
-
Barcelona
- (wann)
-
2015
- DOI
-
doi:10.3926/jiem.1419
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:45 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Artikel
Beteiligte
- Li, Juan
- Chen, Xuemin
- OmniaScience
Entstanden
- 2015
Ähnliche Objekte (12)
What Makes Nurses Intend To Leave Their Profession? International Comparison
Direct assimilation of Chinese FY-3C Microwave Temperature Sounder-2 radiances in the global GRAPES system
Design optimization of real estate tax and effect analysis in China
The impact of commercial open source software on proprietary software producers and social welfare
Green competitiveness research on Chinese automotive enterprises
Reverse logistics: RFID the key to optimality
Inventory management performance in machine tool SMEs: What factors do influence them?
Bibliometric study of the reverse salient concept
An inventory model of instantaneous deteriorating items with controllable deterioration rate for time dependent demand and holding cost
A unifying process capability metric
Transfer prices assignment with integrated production and marketing optimization models
ISO 14001:2015: An improved tool for sustainability
What Makes Nurses Intend To Leave Their Profession? International Comparison
Direct assimilation of Chinese FY-3C Microwave Temperature Sounder-2 radiances in the global GRAPES system
Design optimization of real estate tax and effect analysis in China
The impact of commercial open source software on proprietary software producers and social welfare
Green competitiveness research on Chinese automotive enterprises
Reverse logistics: RFID the key to optimality
Inventory management performance in machine tool SMEs: What factors do influence them?
Bibliometric study of the reverse salient concept
An inventory model of instantaneous deteriorating items with controllable deterioration rate for time dependent demand and holding cost
A unifying process capability metric
Transfer prices assignment with integrated production and marketing optimization models
ISO 14001:2015: An improved tool for sustainability
What Makes Nurses Intend To Leave Their Profession? International Comparison
Direct assimilation of Chinese FY-3C Microwave Temperature Sounder-2 radiances in the global GRAPES system
Design optimization of real estate tax and effect analysis in China
The impact of commercial open source software on proprietary software producers and social welfare
Green competitiveness research on Chinese automotive enterprises
Reverse logistics: RFID the key to optimality
Inventory management performance in machine tool SMEs: What factors do influence them?
Bibliometric study of the reverse salient concept
An inventory model of instantaneous deteriorating items with controllable deterioration rate for time dependent demand and holding cost
A unifying process capability metric
Transfer prices assignment with integrated production and marketing optimization models