Proceedings of the 2015 AASRI International Conference on Circuits and Systems

The Leading Role of East China Metropolitan Housing Markets: Panel Cointegration Tests

Authors
Zou Gaolu
Corresponding Author
Zou Gaolu
Available Online August 2015.
DOI
https://doi.org/10.2991/cas-15.2015.82How to use a DOI?
Keywords
east China coastal strip; metropolis; house price; housing market; panel unit root test; panel cointegration test.
Abstract
House prices in four East China metropolises may lead those in other cities in China. The comovement between the metropolitan housing markets will reinforce their leading role in other housing markets. This paper aims to investigate the long-run relationship between four East China metropolises. The study used panel unit root and panel cointegration techniques. Tests suggested the long-run relationship existing between the East China housing markets of interest. This finding is at odds with existing studies. Average national-level city CPI positively influences housing markets. Therefore, a rational housing policy should center on East China metropolitan housing markets.
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Proceedings
2015 AASRI International Conference on Circuits and Systems (CAS 2015)
Part of series
Advances in Computer Science Research
Publication Date
August 2015
ISBN
978-94-62520-74-5
ISSN
2352-538X
DOI
https://doi.org/10.2991/cas-15.2015.82How to use a DOI?
Open Access
This is an open access article distributed under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Zou Gaolu
PY  - 2015/08
DA  - 2015/08
TI  - The Leading Role of East China Metropolitan Housing Markets: Panel Cointegration Tests
BT  - 2015 AASRI International Conference on Circuits and Systems (CAS 2015)
PB  - Atlantis Press
SN  - 2352-538X
UR  - https://doi.org/10.2991/cas-15.2015.82
DO  - https://doi.org/10.2991/cas-15.2015.82
ID  - Gaolu2015/08
ER  -