Applied Mathematics and Nonlinear Sciences
Journal license

Journal

Applied Mathematics and Nonlinear Sciences


Volume
& Issue

Volume 7, Issue 2


Published
on

July 15, 2022


Pages

475-482


DOI

Article

Real Estate Economic Development Based on Logarithmic Growth Function Model


Authors

Nan Ma Affiliation:
Fuzhou University of International Studies and Trade, Fuzhou, Fujian, 350202, China


Abstract

This article uses a logarithmic growth model to analyze the correlation between the national economy and real estate. It reveals the Granger causality between the national economy and the real estate economy. The results show a long-term equilibrium relationship and a two-way Granger causality between real estate prices and economic growth. Excessive growth in real estate prices will create bubbles and will also drive economic growth backward.


Keywords

Logarithmic growth function, Economic development, Real estate, Logistic model, 33B30


Citation

Ma, N. (2022). Real estate economic development based on logarithmic growth function model. Applied Mathematics and Nonlinear Sciences, 7(2), 475–482. https://doi.org/10.2478/amns.2022.2.0031

Published by: Engineering Journals

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