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https://doi.org/10.1007/s00181-007-0152-3

has been cited by the following article:

• TITLE: Does Energy Consumption Drive Housing Sales in China?—Based on an Optimal Dynamic General Equilibrium Model and Spatial Panel Data Analysis

  AUTHORS: Zhipeng Du, Weikun Zhang, Yiming He

  KEYWORDS: Energy Use, Housing Values, Optimal Dynamic General Equilibrium, Spatial Panel Econometrics, China

  JOURNAL NAME: Theoretical Economics Letters, Vol.8 No.15, December 10, 2018

  ABSTRACT: This paper examines the housing sales in China from 2004 to 2015 utilizing an optimal dynamic general equilibrium theoretical framework combined with a macroeconomic model. The spatial panel econometric empirical results suggest that energy consumption has increased housing sales in China. However, since house is considered as a special commodity in China, and housing prices show positive impacts on housing sales.