Growth Variation and Its Impact Factors of the Construction Industry:An Empirical Study of Jiangsu,Shanghai and Zhejiang province in China

The dynamic evolution of the construction industry development is analyzed with coefficient of variation(CV),gini coefficient and theil index in three areas,Jiangsu,Shanghai,and Zhejiang province in China.The results show that the differences of these districts tend to reduce since 1999.The impact factors of the construction industry growth are identified by establishing panel data model based on the data from 1998 to 2009.The construction industry developments in these three areas are positively related to seven economic indicators,such as GDP,open degree,and urbanization.But the influencing strength of these factors is different.There is stronger influence on under-developing area with narrowing growth variation.