Housing and China's Economy.Hu, Yu.
Abstract: In this paper, I examine the relationship between residential investment and GDP using two levels of data sets in order to answer the question " Has China's economy relied too much on housing?" Although the national-level data set shows clearly that housing plays an important role in leading China's economy out of the most recent financial crisis, I do not see the fact that GDP reacts su... read more
- Tufts University. Department of Economics.
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