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Study on the Effect of Real Estate Investment in Xi’an on Regional Economic Growth

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DOI: 10.25236/ssehr.2018.139

Author(s)

Zhenrong Wu

Corresponding Author

Zhenrong Wu

Abstract

Economic growth is the main pursuit of modern social development. In China, some particularities of economy make the real estate investment obviously stimulate the regional economy. Based on this, this paper takes Xi’an as an example, analyzes the relationship between local real estate investment and regional economic growth as well as reasons, and then discusses the influence boundary of real estate investment in Xi’an on regional economic growth. This paper includes the prospect of making use of real estate investment to stimulate regional economic growth in order to provide a reference for the following economic development in Xi’an.

Keywords

Real Estate Investment, Regional Economic Growth, Consumption Boundary, Production Boundary