Regional Disparity of Real Estate Investment in China: Characteristics and Empirical Study in the Context of Population Aging
Zhi Dong 1, Jiajia Liu 1, Siying Sha 1, Xiuting Li 1, Jichang Dong 1 *
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1 School of Economics and Management, University of Chinese Academy of Sciences, Beijing, CHINA* Corresponding Author

This article belongs to the special issue "Problems of Application Analysis in Knowledge Management and Science-Mathematics-Education".

Abstract

Using the method that measures regional disparity of economic growth, we calculated the SE, CVs and Theil series of regional real estate investment to analyze the regional disparity of real estate investment. We measured the regional disparity of real estate investment from 1999 to 2012 among China’s economic regions, intra-economic regions and cities in the same province in the context of population aging. We also made empirical analysis on the relationship between real estate investment and GDP using the sample of 231 cities. The result reveals that the absolute difference of real estate investment is increased yearly and the relative difference is gradually reduced. The difference among economic regions or cities in the same province is increasing largely year by year, which is the main component of regional disparity. Due to the different level of regional economic development, the relationship between real estate investment and GDP is varying among cities.

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This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

Article Type: Research Article

EURASIA J Math Sci Tech Ed, 2017, Volume 13, Issue 12, 7799-7811

https://doi.org/10.12973/ejmste/77920

Publication date: 21 Nov 2017

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Article Downloads: 1052

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