Dynamic Causality Between the Housing Boom and Technological Innovation in China: A Sub-Sample Rolling-Window Analysis

Dynamic Causality Between the Housing Boom and Technological Innovation in China: A Sub-Sample Rolling-Window Analysis

This paper employs bootstrap rolling-window tests to investigate the dynamic causal relationship between the housing boom (HB) and technological innovation (TI) in China. Through sub-sample analysis, we reveal the dual impact of the HB on TI: during periods dominated by the liquidity effect, the HB...

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Bibliographic Details
Main Authors: Yumei Guan, Yunfeng Wang, Chiwei Su
Format: Article
Language:English
Published: MDPI AG 2025-01-01
Series:Buildings
Subjects:
housing boom
technological innovation
sub-sample rolling tests
time-varying causality
Online Access:https://www.mdpi.com/2075-5309/15/3/364
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