Title :
Notice of Retraction
Real Estate Investment and Regional Economic Growth: Evidence from Shandong Province
Author_Institution :
Sch. of Econ. & Manage., Weifang Univ., Weifang, China
Abstract :
Notice of Retraction
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
This paper, based on Shandong´s quarterly time-series data from the first quarter of 2002 to the second quarter of 2008 and applying methods of co-integration test, error correction model (ECM), Granger causality test, impulse response function, variance decomposition etc., makes an empirical analysis of the relationship between real estate investment and Shandong´s gross domestic product (GDP). It is shown from the results of the empirical analysis that there exists remarkably credible unilateral Granger causality relationship between real estate investment and regional GDP, and real estate investment is the Granger cause of the growth of regional GDP.
Keywords :
causality; economics; error correction codes; investment; real estate data processing; time series; ECM; GDP; Granger causality test; Shandong province; error correction model; impulse response function; real estate investment; regional economic growth; time-series data; variance decomposition; Cause effect analysis; Cities and towns; Econometrics; Economic indicators; Electrochemical machining; Environmental economics; Fluctuations; Impulse testing; Industrial relations; Investments;
Conference_Titel :
Information Science and Engineering (ICISE), 2009 1st International Conference on
Conference_Location :
Nanjing
Print_ISBN :
978-1-4244-4909-5
DOI :
10.1109/ICISE.2009.867
