Economics, Econometrics and Finance
8 years ago

Tourism industry drives real estate development in regional economies.

Journal of Xi'an University of Architecture & Technology
Dynamic econometric analysis on the relation between the real estate industry and tourism industry
Han Yan-hu

Paper Summary

The article explores the connection between real estate and tourism in Xi'an. By creating evaluation indexes and using statistical methods, the researchers found that tourism industry development influences real estate development. They discovered a long-term relationship between the two, with tourism industry growth leading to real estate development.

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