The Study Of Real Estate Investment And Economic Growth In Jiangsu Province

In recent years, real estate investment plays an important role in the national economy of Jiangsu Province. Analyzing the basic trend in real estate investment carefully and drowning up macro-control policies has significance to the real estate and whole economy. Accordingly, in this study on the basis of the achievements of predecessors, this dissertation focuses on the study of real estate investment and economic growth in Jiangsu Province. As Jiangsu's economy and real estate investment is among the highest in China, it has played an exemplary role in the whole country and provided reference for other provinces.Based on current situation of macroscopic scale and structure of real estate in Jiangsu Province, the thesis studies systematically the macroscopic scale and structure of real estate in the country, discovers questions and then brings forward measures expected to solve these questions. Theories of econometrics and classic economics are applied. Both qualitative and quantitative methods are employed for analysis.This thesis carries out both theoretical and empirical analysis on the relationship between investment and economic growth in the following three aspects: the relationship of investment scale and the economic growth, the relationship of investment structure and the economic growth, and bring up strategy. First of all, the analysis on the relationship between investment scale and economic growth reflects that the investment has a close link with economic growth. In Jiangsu, real estate investment relative size and economic growth is significantly relevant, they are both causal relationship in the long term. Real estate investment effect economic growth through these ways: material capital, capital of man-power, industrial structure, open-up and so on. Secondly, the correlative analysis on the relationship between investment structure and economic growth can clarify that diversified sources of investment, optimization of investment capital structure, use structure and rational regional structure can promote the national economy to develop in an effective way, therefore, rational investment structure is a prerequisite for advanced economic structure as well as an important guarantee for realizing sustainable economic growth. At last, management of macroscopic scale and structure of real estate is put forward. We should enhance the management of real estate, in order to advance reasonable macroscopic scale and structure of real estate.