Efficiency of Chinese Real Estate Market Based on Complexity-Entropy Binary Causal Plane Method

<table class="table-group" id="tab2"><tr><td><table class="table"><tr><td class="thead-hr" colspan="6"><hr/></td></tr><tr class="thead"><td class="align_left"> </td><td class="align_center">Max</td><td class="align_center">Min</td><td class="align_center">Mean</td><td class="align_center">Median</td><td class="align_center">Std</td></tr><tr><td class="thead-hr" colspan="6"><hr/></td></tr><tr><td class="align_left">Efficiency <svg height="11.927pt" id="M88" style="vertical-align:-3.291101pt" version="1.1" viewbox="-0.0498162 -8.6359 15.0766 11.927" width="15.0766pt" xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink"><g transform="matrix(.013,0,0,-0.013,0,0)"><path d="M828 650H570L564 622C646 614 650 609 634 524L604 366H253L281 524C296 608 308 615 382 622L388 650H132L126 622C211 615 214 609 198 524L121 122C106 42 102 35 23 28L17 0H276L282 28C196 35 191 40 206 122L243 324H597L559 123C544 42 537 35 452 28L446 0H710L716 28C632 35 628 43 643 122L719 524C735 610 741 615 822 622L828 650Z"></path></g><g transform="matrix(.0091,0,0,-0.0091,10.075,3.132)"><path d="M463 633C453 636 427 644 417 648C388 660 349 667 316 667C183 667 100 592 100 483C100 398 176 335 223 305L259 282C321 242 358 203 358 149C358 66 301 22 234 22C110 22 70 131 57 208L24 205L28 48C51 23 128 -17 215 -17C342 -17 446 60 446 174C446 262 394 310 317 361L284 383C229 420 183 455 183 515C183 569 222 628 298 628C384 628 418 563 428 481L461 487C459 527 458 593 463 633Z"></path></g></svg></td><td class="align_center">0.9104</td><td class="align_center">0.5906</td><td class="align_center">0.7862</td><td class="align_center">0.7924</td><td class="align_center">0.0660</td></tr><tr><td class="align_left">Complexity <svg height="13.1967pt" id="M89" style="vertical-align:-4.560801pt" version="1.1" viewbox="-0.0498162 -8.6359 17.6068 13.1967" width="17.6068pt" xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink"><g transform="matrix(.013,0,0,-0.013,0,0)"><path d="M645 631C614 643 545 666 457 666C215 666 23 519 23 283C23 90 158 -16 337 -16C412 -16 489 2 522 10C543 39 590 127 606 167L580 181C519 89 459 18 348 18C201 18 122 136 122 287C122 464 244 632 435 632C544 632 602 595 608 472L639 475C643 526 645 581 645 631Z"></path></g><g transform="matrix(.0091,0,0,-0.0091,8.619,3.132)"><path d="M434 650H168L162 618C248 609 258 608 243 528L174 155C163 93 153 39 138 1C110 -68 67 -98 24 -111L37 -147C55 -144 75 -136 94 -128C185 -87 232 -12 259 139L328 528C342 605 349 609 427 618L434 650Z"></path></g><g transform="matrix(.0091,0,0,-0.0091,12.597,3.132)"><path d="M463 633C453 636 427 644 417 648C388 660 349 667 316 667C183 667 100 592 100 483C100 398 176 335 223 305L259 282C321 242 358 203 358 149C358 66 301 22 234 22C110 22 70 131 57 208L24 205L28 48C51 23 128 -17 215 -17C342 -17 446 60 446 174C446 262 394 310 317 361L284 383C229 420 183 455 183 515C183 569 222 628 298 628C384 628 418 563 428 481L461 487C459 527 458 593 463 633Z"></path></g></svg></td><td class="align_center">0.2753</td><td class="align_center">0.1030</td><td class="align_center">0.1994</td><td class="align_center">0.2021</td><td class="align_center">0.1030</td></tr><tr class="table-tr"><td colspan="6"><hr class="tbody-hr"/></td></tr></table></td></tr></table>

<div>The simple descriptive statistics of efficiency and complexity.</div>

Complexity

tab2

Table 2

Table 2: Efficiency of Chinese Real Estate Market Based on Complexity-Entropy Binary Causal Plane Method 