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Bounds testing analysis of bank lending, land price and Xi'an real estate price(PDF)

《长安大学学报（社科版）》[ISSN:1671-6248/CN:61-1391/C]

Issue:
2008年01期
Page:
47-50，60
Research Field:
应用经济学
Publishing date:
2008-03-20

Info

Title:
Bounds testing analysis of bank lending, land price and Xi'an real estate price
Author(s):
QIU Chang-rong;  JIN Jun-hui;  ZHAO Yong-chao
School of Economics and Finance, Xi'an Jiaotong University, Xi'an 710061, Shaanxi, China
Keywords:
real estate economics;  bank lending;  land price;  real estate price
PACS:
F830.5
DOI:
-
Abstract:
To illustrate the influence of bank lending and land price on the real estate price in Xi'an, which is continually climbing, the authors use bounds testing technology to study the role of bank lending, land price on real estate price of Xi'an. The result shows that there is a long-term calm relationship between them. From the long run, bank lending and land price all have positive effects on the real estate price in Xi'an. Land price has stronger effect on the real estate price than that of bank lending. But the effect of the land price is not very remarkable.

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Last Update: 2008-03-20