Coordination Degree Analysis of Real Estate Investment and the National Economy in China - Based on Principal Component Analysis Method

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Abstract:

Starting from six indicators like the ratio of the real estate investment growth and GDP growth etc., this article analyses the coordination degree of real estate investment and national economy with principal component analysis, and obtains the coordination index. Using 3σ method, the authors calculate the mean and standard deviation of the principal component indicator data, and then establish an early warning interval for real estate market . The results show that the real estate investment is a little excessive in recent years but the coordination degree between the real estate industry and the national economy is generally stable in China. Further investigations indicate that the change of the coordination index of the commercial housing sub-market is consistent with the whole commercial building market, but the one of the non-residential building is opposite to the total CB's.

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Periodical:

Advanced Materials Research (Volumes 753-755)

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2870-2874

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August 2013

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© 2013 Trans Tech Publications Ltd. All Rights Reserved

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