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The Real Estate Industry Correlation And Ripple Effects Analysis In Xinjiang

Posted on:2016-05-02Degree:MasterType:Thesis
Country:ChinaCandidate:K YangFull Text:PDF
GTID:2309330479981024Subject:Quantitative Economics
Abstract/Summary:PDF Full Text Request
The real estate industry in national economic development in xinjiang has played a very important role, the real estate industry in Xinjiang not only exerts huge influence on the development of the national economy, but also is an important national topic. The merit and loss of the rise of the real estate industry raise widespread attention from all walks of life. Although the real estate industry is regarded as the pillar industry of Xinjiang in recent years, under the influence of the real estate’s cyclicity and the national real estate policy regulation.This paper explores the strategic thinking of how the real estate industry positions itself using the input-output analysis principle, and then analyzes the policy guidance which the Xinjiang autonomous region government makes on the real estate industry. Under the changing atmosphere of national policy, it is a suggestion to the real estate policy-making, thereby providing a basis for the judgment of the current real estate.The research thought is analyzing the necessity of this paper by showing the Xinjiang real estate background and research significance, and determining the research methods and ideas of this paper by using the related literature at home and abroad. Based on the input-output mode land which analysis on the industry before and after the correlation coefficient between the real estate industry correlation level of xinjiang, to calculate the pull of real estate economy in xinjiang and demand function, which using the input-output table to compare two associated changes in dynamic analysis, the development trend of industry. Get the real estate industry correlation drive mode of the real estate industry on economic growth in xinjiang and characteristics. At the same time, in the induction and influence analysis, the degree of price spread and induced from three aspects this paper expounds the ripple effects of the real estate industry to other industries in xinjiang.Finally, according to the research achievements of this paper, the relevant suggestions are put forward on the government’s policy in Xinjiang autonomous region about the development and improvement of the real estate industry chain.This paper does not focus on Urumqi, an advanced city in Xinjiang, but lock on the overall economy in Xinjiang. The analysis of the driving force of the whole real estate industry in Xinjiang adopts qualitative analysis, quantitative evaluation and practical analysis according to the characteristics of Xinjiang culture, and makes guidance to the present industrial policy intervention. The related conclusions are in the following three main aspects:First, the correlation degree of the real estate industry in Xinjiang is widespread with a close correlation to many other industrial sectors. But from the point of the low correlation coefficient, while the real estate industry has been regarded as the pillar industry, the ability of the industry on the economic growth is still limited. Therefore, the indirect driving force needs to be valued, through the promoting effect on the other core industries in Xinjiang, thus promoting economic growth.Second, from the spillover effects of the real estate price volatility in Xinjiang, the rise of the whole real estate price in Xinjiang is more likely to break the original stable structure of price and economy, compared with the developed cities in mainland. The excessive rise of housing price will undoubtedly undermine social fairness and widen income gap. The price transfer mechanism of the real estate has great fluctuation on the third industry of Xinjiang, and the rise of housing price will directly and indirectly reduce the quality of people’s living standards.Third, the government has drawback in the construction of people’s livelihood housing. From the induce level of the government’s final use in the real estate industry, the regulate direction of government policy should be further adjusted. Unlike the consumer project, the investment project has a particularly strong pulling effect on the real estate industry, and the continuation of this structure is not conducive to the coordinated development of the real estate industry and other industry in Xinjiang.
Keywords/Search Tags:Xinjiang real estate, related industries, ripple effect, industry positioning
PDF Full Text Request
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