Structural evolution of real estate industry in China: 2002-2017

A dynamic SBM‐DEA and portfolio formation test approach to the operating efficiency‐stock returns nexus

“…First, real estate companies in this study are homogeneous and have similar goals, that is, to generate high revenues, profits, and return on equity. To put it another way, real estate companies are of similar business nature, having features, and market conditions alike (Han et al, 2021). Thus, the potential issue of non‐homogeneity of DMUs is non‐existent in this paper.…”

“…The top 100 developers' sales continued to plummet in November 2021, falling 37.6% year-on-year in value (see Figure 1), marking the fifth consecutive month of loss. Despite the reduction in total sales, China's real estate sector remains a "pillar sector" for the country's economic growth (Han et al, 2021).…”

Analysis of Potential Factors Influencing China’s Regional Sustainable Economic Growth

“…Based on 2010 housing sales data, a 2.5% energy efficiency transfer tax on home buyers would generate a net increase of approximately 3485 direct construction jobs and 5900 annual jobs in the state [81]. The growth momentum in the housing sector can be extended to a wide range of industries, particularly the financial sector, where housing plays an increasingly important role as a macroeconomic provider [82].…”

The impact of the COVID-19 pandemic on China's economic structure: An input–output approach

“…In modelling, we apply the network analysis method instead of classical Leontief approach and the advantage is clear for research on economic structure: the intermediate use matrix reflects the transaction of intermediate products at sector level and network analysis helps to effectively dig into the structural information buried behind this matrix which is basically neglected by classical input-output analytical models based on technical coefficients and Leontief inverse matrix . This paper follows the analytical framework of Han et al. (2021) , which incorporates the concepts of strongest path, closeness, betweenness, symmetry, and clustering tendencies as the dimensions with which to evaluate the characteristics of the industrial structure.…”

“…(2021) , which incorporates the concepts of strongest path, closeness, betweenness, symmetry, and clustering tendencies as the dimensions with which to evaluate the characteristics of the industrial structure. By introducing another dimension, i.e., backbone, through which the key components and structures in the economic network can be appropriately detected, we extend Han et al. (2021) and contribute to the literature at the methodological level.…”