英文摘要 |
In this study, panel VAR was used to explore the interrelationship between regional housing prices and regional industrial development. The findings of the study are as follows: (1) The causal relationship between house prices and the construction sales, house prices and whole industries sales shows a positive two-way relationship. (2) When the house prices rise, the real estate sales will rise next season; real estate sales has no effect on house prices. |