With Vector Error Correction Model, impulse response analysis and variance decomposition, this paper analyzes the finance factors that cause the prompt rise of house price in China.

通过建立向量误差修正模型并借助脉冲响应分析和方差分解，重点对中国近年来住房价格上涨中的金融因素进行分析。

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Using Johansen co integration test and vector error correction model, this paper investigates the relationship between price of real estate and urbanization in China over the period 1991-2005.

运用协整分析方法与误差纠正模型，考察了1991 ~ 2005年中国房地产价格与城市化水平之间的关系。

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In this paper we use the variance decomposition of the vector error correction model(VECM) to perfectly and detailedly show the relationship between the housing price and the land price.

本文在基于向量自回归类模型的方差分解这一分析框架下将前人实证研究的方法和结论统一在一个新的分析框架内，并完整而细腻地描述了二者的相互关系。

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