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Exploring the increasing role of the real estate sector in the Chinese economy : 1997-2002

Li, Yong, Song, Yu and Liu, Chunlu 2008, Exploring the increasing role of the real estate sector in the Chinese economy : 1997-2002, Pacific rim property research journal, vol. 14, no. 3, pp. 279-297.

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Title Exploring the increasing role of the real estate sector in the Chinese economy : 1997-2002
Author(s) Li, Yong
Song, Yu
Liu, Chunlu
Journal name Pacific rim property research journal
Volume number 14
Issue number 3
Start page 279
End page 297
Publisher Pacific Rim Real Estate Society
Place of publication Sydney, N.S.W.
Publication date 2008-09
ISSN 1444-5921
Keyword(s) real estate
input-output analysis
linkage
China
Summary The Chinese government launched a series of real estate reform policies in 1998, which further changed the real estate sector from socialist plan-oriented to modern marketoriented. This paper compares the role of the real estate sector in the Chinese economy in years 1997 and 2002 by using the recently published input-output OECD database. Results verify that the Chinese real estate sector played an increasing role in the Chinese economy with higher contributions and stronger push and pull power in 2002 than those in 1997. However, compared with other countries, especially for some OECD countries, the Chinese real estate sector has a relative lower contribution.
Language eng
Field of Research 150403 Real Estate and Valuation Services
Socio Economic Objective 970112 Expanding Knowledge in Built Environment and Design
HERDC Research category C1 Refereed article in a scholarly journal
HERDC collection year 2008
Persistent URL http://hdl.handle.net/10536/DRO/DU:30017388

Document type: Journal Article
Collections: School of Architecture and Built Environment
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