Abstract
This paper constructs the VAR model by using the collected data from the first quarter of 1999 to the fourth quarter of 2016 to verify the impacts on economic growth by real estate investment growth rate with the total sample data. The result of the demonstration shows in the short term: The growth of housing investment growth will have a negative impact on economic development; Due to the small amount of investment in office buildings, the impact on the level of economic development is not significant; Although the impact of the growth rate of investment in commercial real estate on GDP is full of volatility, in the long run, the growth rate of commercial housing investment growth has a negative effect on economic development.
Sign-in/Register to access full text options 
Free) 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
