Chen, Jie (contributor); Zhu, Aiyong (contributor) - 2008 - This version: Dec.02, 2008
In this paper we investigate the long-run and short-run relationship between housing investment and economic growth in China using the quarterly province-level panel data for the period 1999 q1 to 2007 q4. Recently developed econometric techniques for panel unit root testing and heterogeneous...