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This paper investigates the relationship between housing investment and economic growth in China, utilising province-level data via recently developed panel unit root tests and panel co-integration analysis. The empirical results suggest a stable long-run relationship between housing investment,...
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The paper investigates the relationship between changes in asset wealth and the trend movements of household consumption in urban China. Using the vector error correction cointegration model, we demonstrate that there is a unique long-run cointegrating relationship between household consumption,...
Persistent link: https://www.econbiz.de/10005024016
Pervaporation(PV) has the advantages of high efficiency, low consumption and cleanliness, and it is widely used in the separation of organic-water or organic-organic systems. In this paper, the separation of five azeotropic systems with different molecular weights was discussed by simulation and...
Persistent link: https://www.econbiz.de/10013304158
This paper examines how transformations in the housing system in the People's Republic of China (PRC) influence the PRC pattern of urbanization. It first discusses how housing policies determine the supply and demand of housing in urban PRC and subsequently analyzes how the changes in the mode...
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