@inproceedings{e840436e1a8d4eb3a5dee98c89b1a825,
title = "Empirical study on interaction between real estate taxes and housing price in China",
abstract = "Real estate taxes policy is one of the most important macro-control tools for government intervention in the real estate economic activities. This paper examines the short and long run relationships between the real estate taxes and housing price on the basis of cointegration analysis, VAR, ECM and Granger test by employing statistical data from 1988 to 2006. The results indicated that a stable long-run correlation was existed between the two factors. The findings further verified that real estate taxes collection was one of the most important determinants of housing price increase in the long run, whereas housing price had no effect on real estate taxes revenue increase. Housing price would be affected highly by the housing price and real estate taxes revenue lagged one term in the short run.",
keywords = "Cointegration Analysis, Housing price, Property tax, Real estate taxes system",
author = "Xuejun Du and Zhonghua Huang",
year = "2008",
language = "英语",
isbn = "9780646497327",
series = "Statistic Methods and Applications in Modern China - Conference Proceedings of 2008 International Institute of Applied Statistics Studies",
publisher = "Aussino Academic Publishing House",
pages = "267--272",
booktitle = "Statistic Methods and Applications in Modern China - Conference Proceedings of 2008 International Institute of Applied Statistics Studies",
note = "2008 International Institute of Applied Statistics Studies ; Conference date: 14-08-2008 Through 18-08-2008",
}