Research On The Development Factors Of Real Estates Of Macao

Just like the same industry all over the world, the real estate of Macao plays an important role in the national economic system. As a proportion of the national economic system, the development of real estates associates closely with the whole economic system each other, prospers and withers together. Research on the development of the real estates could not detach form the research on the development of the national economy. Based on the research of Macao, we will dig up the backside factors of the development of real estates of Macao, analyze the reason why the real estates of Macao change radically, summarize the experiences and lessons of the development of real estates of Macao, find the way to keep the negative effects of radical changes within limits, and to make real estates of Macao– the backbone of Macao, exert a positive and beneficial function in the local economy. The above-mentioned contents are the objective of my academic dissertation.Firstly the thesis expatiates the research course of the land economy which almost all the economists of the early era should deal with, from the beginning of the"real"research of real estate the enlightenment period of the research of real estates in China in the 1930's to the restoration of the research of real estates from the reform, from the hardy start of the real estates of Macao to the recent fluctuations and the backgrounds of the real estates of Macao, summarize the development characteristics of real estates of Macao. The Development of real estates is the foundation of research of real estates. The research of the real estates is beneficial to the research of the whole economy. The steady development of the real estates is also beneficial to the persistent and robust development of the whole economy.The thesis begins with the qualitative analysis of real estates of Macao. It is deployed from the general factors to particular factors. Then quantitative analysis was employed. From the setting of a single econometric model, three-level tests were also employed. Again from the macroeconomic point of view, macro econometric model was set up, again guided by economic theory, followed by the statistical tests and econometric test. After the solution of the simultaneous model, the various tests on each equation one by one, the tests on the whole model are employed. The simultaneous model of the real estate of Macao is summarized as follows:...