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The Research On The Real Estate Market In Changchun City Based On Disequilibrium Theory

Posted on:2007-12-03Degree:MasterType:Thesis
Country:ChinaCandidate:X ChengFull Text:PDF
GTID:2179360185957694Subject:Technical Economics and Management
Abstract/Summary:PDF Full Text Request
The operation of social economy can be divided into two states: equilibrium and disequilibrium. The equilibrium of economics generally refers to Walras equilibrium, whose basic premise is that perfect market and price system exists, if the market is perfect and market information is integrated and clear, the price is agile and it adjusts with the change of the supply and demand, the demand and supply of commodities on the market are equal, the extra supply and demand will do not exist, which is an ideal state and is difficult to realize. While disequilibrium refers to the equilibrium on the condition that perfect market and agile price system do not exist, the disequilibrium of economics generally refers to Walras disequilibrium, which studies the social economics in the premise of presume, therefore, the study accords to reality. Disequilibrium econometric model develops on the basis of the theory of the disequilibrium and it supplies the effective tool to analyze the realism problem by using disequilibrium theory. According to the data analysis, we find that disequilibrium state is more protruding, the development of China's real estate market dose not escape the reality of the disequilibrium of supply and demand totality, for Changchun, a developing city, the origination of real estate is late, the problem of disequilibrium is more prominent, and instability exits to some extant, thus, being formalistic is not perfect for analyzing Changchun'market of real estate, and it must try to use disequilibrium theory to analyze Changchun's market of real estate. It must indicate that the theory of equilibrium and disequilibrium are not opposite, and should integrate them, equilibrium is the objective of the economy operation, and disequilibrium analysis is the available means of realizing the objective of equilibrium.Firstly, the paper had a brief introduction on the theories of disequilibrium and real estate markets, and confirmed the choice of the disequilibrium econometrics model on the basis of the characteristics of the estate market of Changchun city. The paper made sure that the disequilibrium of Changchun city'estate market showed not only the disequilibrium problem of the total support quantity, but the problem of the structure and system of market. According to the classification of the statistics annals, the paper supposed the disequilibrium econometrics model of the estate market of Changchun city and made clear those relative variations, and got the final disequilibrium model of the estate market of Changchun city. On the analysis of the model , the paper drawn the conclusion that the price system of Changchun turned...
Keywords/Search Tags:Disequilibrium, Disequilibrium Econometrics Model, Real Estate Market, Macro-controlling
PDF Full Text Request
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