The Research Into The Infuluence Of The Real Estate Industry On National Economic Growth

The real estate industry being cross industrial, and high in additional value has become an indispensible part in the growth of national economy with its high relevance and diffusing effect. From the growth of national economy, unifies our country real estate industry present situation. Using the analytical model of input-output,Granger causality test. Based on an intensive research into the influence of the real estate industry on our country national economy growth, unifies our country present situation, aiming at the corresponding measures taken to ensure the sustainable and healthy development of the real estate industry.In the first part of the paper, some relevant theories of real estate and economic growth are reviewed and discussed, followed by a detailed analysis of the internal relations between the real estate, its industry and its markets. Based on this, the author structures a basic framework of the functioning system of the real estate industry. The thesis presents a both detailed discussion of the status and roles of the real estate industry in national economy. In this foundation, analyzes the general situation of current urban the real estate industry in China, some significant characters which are resulted by the inharmonic development of the real estate industry and economy development are analyzed deeply.Using the analytical model of input-output, based on a detailed analysis of the internal relations between the estate industry and the development of related industries. Thus indicating the driving erect of estate industry on related industries. This paper tests the relationship between the real estate and national economic growth on the basis of Co-integration analysis and Granger causality test. The empirical results indicate there is no lone the stable relationship between as they have cause and effect relationship. The real estate industry is a new industry, also has many insufficiencies in our country. In the end the author analysis to our country real estate industry existence question, aiming at the corresponding the sustainable and healthy development of the real estate measures taken to ensure industry.