期刊名称：Journal of Asian Finance, Economics and Business
印刷版ISSN：2288-4637
电子版ISSN：2288-4645
出版年度：2019
卷号：6
期号：1
页码：121-128
DOI：10.13106/jafeb.2019.vol6.no1.121
语种：English
出版社：Korean Distribution Science Association
摘要：This study analyses the relationship between the real estate market and economic growth in Vietnam,a country with a fledgling real estate market.Research data included economic growth rate and growth rate of the real estate market in Vietnam.The research used quarterly data for the period from 2005: Q1 to 2018: Q1.With the characteristics of Vietnam,there has been no real estate index up to now;therefore,the research used data on growth rates of the real estate market.In addition,the real estate market in Vietnam is still young,so the data series is very short,which is a limitation of this research.With qualitative and quantitative methods especially with the Vector Auto Regressive (VAR) model;the results of the study indicate new findings,unlike previous studies,including: (1) The real estate market positively impacts Vietnam's economic growth,most noticeably in the second quarter lag and the fourth quarter lag,and then its trend impacts inversely;(2) The real estate market and economic growth in Vietnam have fluctuated over time with many risks that are affected by the past shocks of these factors.From these ¿ndings,we proposed some managerial implications for managing the real estate market with economic growth in Vietnam sustainably.
