Analysis of the Factors Influencing House Prices Based on the Var Model

Jiayu Fang

doi:10.62051/ijgem.v4n1.29

Authors

Jiayu Fang

DOI:

https://doi.org/10.62051/ijgem.v4n1.29

Keywords:

Var model, Granger causality test, Co-integration test, Impulse response function, House price

Abstract

Var model is established to study the relationship between house price, inflation rate and GDP in this article. By using Granger causality test, cointegration test, impulse response function and variance decomposition to analyze, we conclude that the value of inflation rate and GDP can be predicted by the past data of house price, and GDP has a significant impact on house price.

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