| With the economic development,,China’s real estate industry is also in the process of growing. Economic development is inseparable from the supply of labor. As the basis of material conditions of economic activity.The real estate industry certain can be a resolved way to solve labor issues and provide living conditions for labor.So a regional economic development is inseparable from real estate development industry. In recent years, various regions in our country are invariably set off a wave of investment of real estate, on the one hand to promote the country’s economic growth, on the other hand to brought potential threat to our country’s economic.Based on this situation, in order to correctly understand the relationship between real estate and economic development, making it possible to correctly deal with,this paper adopted a variety of methods to study the relationship between real estate industry and regional economic development.The contents of this research include: Firstly, from the real estate investment, real estate sales, real estate development of these three aspects of the real estate and economic status quo were descriptive analysis; followed by the current from a qualitative point of view of the real estate industry mainly by directly stimulating. Both methods produce indirectly promote regional economic impact on China, while the region’s economy back on the real estate industry to generate impetus, both need to coordinate development in order to build a healthy economy, and by correlation analysis and Grand Causality. These two different methods for the quantitative analysis of the relationship between China’s real estate and economic analysis and study proved that there is a high correlation between the two; then this article on China’s real estate industry and regional economic empirical analysis taken panel data model, selected numbers from 2003 to 2013 of 31 provinces(not including Hong Kong, Macao and Taiwan) of GDP as the dependent variable, real estate investment, real estate investment and non-labor as an explanatory variable.Firstly, through the unit root test, co-integration test proved the long-term equilibrium relationship between real estate investment and China’s economy.According to the test results and then select the variable coefficient fixed effects model, a real estate investment, non-real estate investment, the relationship between labor and our economy as the model. The model proved that the real estate industry has contribution to China’s economic development rate.We concluded that real estate between different regions of the contribution rate of the economy is different, but basically promoted the economic; Finally, put forward relevant policy recommendations from multiple perspectives on the development of China’s real estate industry, orders us to local conditions, for different views on the development of the situation in accordance with the development of different regions, making the country’s economy tends to be the point of stable development.Finally, through the analysis of inverted U-curve and the summary of previous academic research base exists between inverted U curve of real estate and financial, then analyzes the inverted U curve exists between the Chinese real estate industry and GDP.To prove the current Chinese real estate industry in general, may be in the middle and late period.At present, the absence of a correct understanding of the proper relationship between the real estate industry and regional economic development, many local governments have reservations in the emergence of the situation in the implementation of the central macro-control policies, leading to the central policy ineffective. Therefore, in order to address this situation, this paper atudies the relationship between the real estate development and the development of relations with the region, according to the conclusion of the development of china’s real estate industry,put forward suggestions for the government’s macro-control provides some suggestions. |
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