Federal Reserve Bank of Kansas City
How Much Would China’s GDP Respond to a Slowdown in Housing Activity?
We analyze China’s interindustry connections and show that China’s housing activity has become increasingly important to its GDP growth. Our results suggest that a 10 percent decline in final demand for real estate and housing-related construction would lead to a decline in total output of 2.2 percent, an effect more than two times larger than it would have been 10 years ago.
Cite this item
Thomas R. Cook & Jun Nie & Aaron Smalter Hall, "How Much Would China’s GDP Respond to a Slowdown in Housing Activity?"
, Federal Reserve Bank of Kansas City, Macro Bulletin, pages 1-5, number 00068, Sep 12 2018.
Keywords: China; Housing; Real Estate Investments
This item with handle RePEc:fip:fedkmb:00068
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