Acta Geographica Sinica ›› 2016, Vol. 71 ›› Issue (8): 1329-1342.doi: 10.11821/dlxb201608004
• Orginal Article • Previous Articles Next Articles
Shaojian WANG1(), Yang WANG2,3(
), Xueqin LIN4, Hong'ou ZHANG2,3
Received:
2015-12-09
Revised:
2016-03-06
Online:
2016-08-25
Published:
2016-08-25
Supported by:
Shaojian WANG, Yang WANG, Xueqin LIN, Hong'ou ZHANG. Spatial differentiation patterns and influencing mechanism of housing prices in China: Based on data of 2872 counties[J].Acta Geographica Sinica, 2016, 71(8): 1329-1342.
Add to citation manager EndNote|Reference Manager|ProCite|BibTeX|RefWorks
Tab. 1
The impact factors of differentiation of housing prices in China
影响因素 | 代表性指标(单位) | 对住宅价格的影响路径 | 预期影响 | 指标计算过程与数据来源 |
---|---|---|---|---|
F1 租房户比例 | 租房户数占总户数的比重(%) | 住房刚性需求和购房困难程度 | 正向 | “六普”调查的租房户数除以总户数 |
F2 流动人口规模 | 城镇流动人口数量 (人) | 住房的综合性需求 | 正向 | “六普”常住人口口径的城镇人口减去户籍人口口径非农人口 |
F3 住房支付能力 | 城镇在岗职工平均工资(元) | 住房购买力和房价承受力、住房供给弹性 | 正向 | 国家统计部门统计的职工平均工资 |
F4 住房市场活跃度 | 房地产业就业人口比重(%) | 房地产市场成熟程度、住房投资需求 | 正向 | “六普”调查的房地产业从业人员数除以16岁以上各行业从业人员总数 |
F5 土地成本 | 土地平均出让价格 (万元/hm2) | 住房供给 | 正向 | 国土部门发布的土地出让收益除以土地出让面积 |
Tab. 2
The regression coefficient of housing prices model in China in 2014
影响因素 | 非标准化系数 | 标准误差 | 标准化系数 | t值 | 显著性水平 | 模型的相关参数 |
---|---|---|---|---|---|---|
待定系数 (α0) | -1103.623 | 178.337 | - | -6.188 | 0.000 | R = 0.855 |
F1 租房户比例 | 28.680 | 6.657 | 0.065 | 4.308 | 0.000 | R2 = 0.732 |
F2 流动人口规模 | 0.001 | 0.000 | 0.033 | 2.882 | 0.007 | 调整R2= 0.731 |
F3 住房支付能力 | 0.089 | 0.007 | 0.178 | 12.947 | 0.000 | F = 1502.289 |
F4 住房市场活跃度 | 1448.468 | 72.222 | 0.281 | 20.056 | 0.000 | Sig.= 0.000 |
F5 土地成本 | 2.702 | 0.068 | 0.488 | 39.482 | 0.000 | df = 5 |
[1] |
Kim S W, Bhattacharya R.Regional housing prices in the USA: An empirical investigation of nonlinearity. The Journal of Real Estate Finance and Economics, 2009, 38(4): 443-460.
doi: 10.1007/s11146-007-9094-y |
[2] |
Kuethe T H, Pede V O.Regional housing price cycles: A spatio-temporal analysis using US state-level data. Regional Studies, 2011, 45(5): 563-574.
doi: 10.1080/00343400903497897 |
[3] | Wang Yang, Wang Deli, Wang Shaojian.Spatial differentiation patterns and impact factors of housing prices of China's cities. Scientia Geographica Sinica, 2013, 33(10): 1157-1165. |
[王洋, 王德利, 王少剑. 中国城市住宅价格的空间差异格局及影响因素. 地理科学, 2013, 33(10): 1157-1165.] | |
[4] |
Shih Y N, Li H C, Qin B.Housing price bubbles and inter-provincial spillover: Evidence from China. Habitat International, 2014, 43(4): 142-151.
doi: 10.1016/j.habitatint.2014.02.008 |
[5] |
He Ming, Ke Shanzi, Wen Hu.Amenities and regional differentials of real estate prices in Chinese cities. The Theory and Practice of Finance and Economics, 2009, 30(2): 97-103.
doi: 10.3969/j.issn.1003-7217.2009.02.019 |
[何鸣, 柯善咨, 文嫣. 城市环境特征品质与中国房地产价格的区域差异. 财经理论与实践, 2009, 30(2): 97-103.]
doi: 10.3969/j.issn.1003-7217.2009.02.019 |
|
[6] | Fang Xiaoping, Ding Sibao.Geographical spread of urban house price in china and its regional externality. Scientia Geographica Sinica, 2012, 32(2): 143-148. |
[方晓萍, 丁四保. 中国城市住宅价格的地理扩散及其区域外部性问题. 地理科学, 2012, 32(2): 143-148.] | |
[7] |
Zhang L, Hui C M, Wen H.Housing price-volume dynamics under the regulation policy: Difference between Chinese coastal and inland cities. Habitat International, 2015, 47: 29-40.
doi: 10.1016/j.habitatint.2015.01.003 |
[8] |
Wang Yang, Wang Deli, Liu Lihua, et al.Spatial differentiation of urban housing prices and its impacts on land market in China. China Land Sciences, 2015, 29(6): 33-40.
doi: 10.13708/j.cnki.cn11-2640.2015.06.005 |
[王洋, 王德利, 刘丽华, 等. 中国城市住宅价格的空间分化及其土地市场影响. 中国土地科学, 2015, 29(6): 33-40.]
doi: 10.13708/j.cnki.cn11-2640.2015.06.005 |
|
[9] |
Zang B, Lv P, Warren C M J. Housing prices, rural-urban migrants' settlement decisions and their regional differences in China. Habitat International, 2015, 50: 149-159.
doi: 10.1016/j.habitatint.2015.08.003 |
[10] | Li Zhongfu, Jiang Yongsheng.An empirical study on housing price gap among different regions of China based on partial least square regression analysis. Journal of Systems & Management, 2011, 20(1): 78-83. |
[李忠富, 姜永生. 基于偏最小二乘回归分析的我国地区住宅价格差异的实证研究. 系统管理学报, 2011, 20(1): 78-83.] | |
[11] |
Zhang Juanfeng, Liu Hongyu.The determinants of inter-metropolitan variation in house prices and land prices. Statistical Research, 2010, 27(3): 37-44.
doi: 10.3969/j.issn.1002-4565.2010.03.005 |
[张娟锋, 刘洪玉. 住宅价格与土地价格的城市差异及其决定因素. 统计研究, 2010, 27(3): 37-44.]
doi: 10.3969/j.issn.1002-4565.2010.03.005 |
|
[12] |
Zheng Siqi, Cao Yang, Liu Hongyu.The value of a city and its house price: An empirical study across 35 Chinese cities. Urban Studies, 2008(1): 4-7.
doi: 10.3969/j.issn.1006-3862.2008.01.026 |
[郑思齐, 曹洋, 刘洪玉. 城市价值在住宅价格中的显性化及其政策含义: 对中国35个城市住宅价格的实证研究. 城市发展研究, 2008(1): 4-7.]
doi: 10.3969/j.issn.1006-3862.2008.01.026 |
|
[13] | Guo Bin.Housing Supply System and Trend of Price Variation. Xi'an: Xi'an Jiaotong University Press, 2010. |
[郭斌. 住房供应体系及其价格发展趋势研究. 西安: 西安交通大学出版社, 2010.] | |
[14] | Cohen J P, Ioannides Y M, Thanapisitikul W.Spatial effects and house price dynamics in the U.S.A. Journal of Housing Economics, 2015, 31(1): 1-13. |
[15] |
Fortura P, Kushner J.Canadian inter-city house price differentials. Real Estate Economics, 1986, 14(4): 525-536.
doi: 10.1111/1540-6229.00401 |
[16] | Mankiw N G, Weil D N.The baby boom, the baby bust, and the housing market. Regional Science and Urban Economics, 1989, 19(2): 235-258. |
[17] |
Holly S, Pesaran M H, Yamagata T.A spatio-temporal model of house prices in the USA. Journal of Econometrics, 2010, 158(1): 160-173.
doi: 10.1016/j.jeconom.2010.03.040 |
[18] |
Capozza D R, Schwann G M.The asset approach to pricing urban land: Empirical evidence. Real Estate Economics, 1989, 17(2): 161-174.
doi: 10.1111/1540-6229.00482 |
[19] | Shen Y, Liu H.Housing prices and economic fundamentals: Across city analysis of China for 1995-2002. Economic Research Journal, 2004, 6: 78-86. |
[20] |
Holmes M J, Otero J, Panagiotidis T.Investigating regional house price convergence in the United States: Evidence from a pair-wise approach. Economic Modelling, 2011, 28(6): 2369-2376.
doi: 10.1016/j.econmod.2011.06.015 |
[21] |
Bischoff O.Explaining regional variation in equilibrium real estate prices and income. Journal of Housing Economics, 2012, 21(1): 1-15.
doi: 10.1016/j.jhe.2011.11.002 |
[22] |
Quigley J M, Swoboda A M.Land use regulation with durable capital. Journal of Economic Geography, 2010, 10(1), 9-26.
doi: 10.1093/jeg/lbp039 |
[23] | Smith L B.The Postwar Canadian Housing and Residential Mortgage Markets and the Role of Government. Toronto: University of Toronto Press, 1974. |
[24] |
Malpezzi S.Housing prices, externalities, and regulation in U.S. metropolitan areas. Journal of Housing Research, 1996, 7(2): 209-241.
doi: 10.1023/A:1012216124122 |
[25] | Caplin A, Leahy J.Trading frictions and house price dynamics. Journal of Money, Credit and Banking, 2011, 43(Suppl.2): 283-303. |
[26] |
Ortalomagné F, Rady S.Housing market dynamics: On the contribution of income shocks and credit constraints. Review of Economic Studies, 2001, 73(2): 459-485.
doi: 10.1111/j.1467-937X.2006.383_1.x |
[27] |
Hwang M, Quigley J M.Economic fundamentals in local housing markets: Evidence from US metropolitan regions. Journal of Regional Science, 2006, 46(3):425-453.
doi: 10.1111/j.1467-9787.2006.00480.x |
[28] |
Chen J, Guo F, Wu Y.One decade of urban housing reform in China: urban housing price dynamics and the role of migration and urbanization, 1995-2005. Habitat International, 2011, 35(1): 1-8.
doi: 10.1016/j.habitatint.2010.02.003 |
[29] |
Li Q, Chand S.House prices and market fundamentals in urban China. Habitat International, 2013, 40(7): 148-153.
doi: 10.1016/j.habitatint.2013.04.002 |
[30] |
Wen H, Goodman A C.Relationship between urban land price and housing price: Evidence from 21 provincial capitals in China. Habitat International, 2013, 40(7): 9-17.
doi: 10.1016/j.habitatint.2013.01.004 |
[31] |
Wang Z, Zhang Q.Fundamental factors in the housing markets of China. Journal of Housing Economics, 2014, 25(9):53-61
doi: 10.1016/j.jhe.2014.04.001 |
[32] |
Zhang Hong, Weng Shaoqun.Analysis of housing price fluctuations based on the formation mechanism of equilibrium price. China Civil Engineering Journal, 2007, 40(8): 100-105.
doi: 10.3321/j.issn:1000-131x.2007.08.017 |
[张红, 翁少群. 基于均衡价格形成机制的住宅价格变化特征研究. 土木工程学报, 2007, 40(8): 100-105.]
doi: 10.3321/j.issn:1000-131x.2007.08.017 |
|
[33] |
Dai Xuezhen, Ma Na.The influence and spatial distribution of demand and supply factors on urban commodity housing price. Urban Studies, 2010, 17(10): 46-49.
doi: 10.3969/j.issn.1006-3862.2010.10.009 |
[戴学珍, 马娜. 供需因素对城市商品住宅价格的影响及其空间分布. 城市发展研究, 2010, 17(10): 46-49.]
doi: 10.3969/j.issn.1006-3862.2010.10.009 |
|
[34] |
Wang Yang, Fang Chuanglin, Xiu Chunliang, et al.A new approach to measurement of regional inequality in particular directions. Chinese Geographical Science, 2012, 22(6): 705-717.
doi: 10.1007/s11769-012-0556-7 |
[35] | Zhang H.Effects of urban land supply policy on real estate in China: an econometric analysis. Journal of Real Estate Literature, 2008, 16(1): 55-72. |
[36] | Hort K.The determinants of urban house price fluctuations in Sweden 1968. General Information, 1998, 7(2): 93-120. |
[37] |
Holly S, Pesaran M H, Yamagata T.A spatio-temporal model of house prices in the USA. Journal of Econometrics, 2010, 158(1): 160-173.
doi: 10.1016/j.jeconom.2010.03.040 |
[38] | Cliff A D, Ord J K. Spatial Processes, Models and Applications. London: Pion, 1981. |
[39] |
Anselin L.Local indicators of spatial association: LISA. Geographical Analysis, 1995, 27(2): 93-115.
doi: 10.1111/j.1538-4632.1995.tb00338.x |
[40] |
Chen Yun,Wang Hao.Construction and application of bipartite recursive algorithm based on kernel density estimation: A new non-parametric method to measure the given income population scale. Statistics & Information Forum, 2011, 26(9): 3-8.
doi: 10.3969/j.issn.1007-3116.2011.09.001 |
[陈云, 王浩. 核密度估计下的二分递归算法构建及应用: 测算特定收入群体规模的非参数方法拓展. 统计与信息论坛, 2011, 26(9): 3-8.]
doi: 10.3969/j.issn.1007-3116.2011.09.001 |
|
[41] | Wang Yang, Fang Chuanglin, Sheng Changyuan.Spatial differentiation and model evolution of housing prices in Yangzhou. Acta Geographica Sinica, 2013, 68(8): 1082-1096. |
[王洋, 方创琳, 盛长元. 扬州市住宅价格的空间差异与模式演变. 地理学报, 2013, 68(8): 1082-1096.] | |
[42] |
Wang Yang, Li Qiang, Wang Shaojian, et al.Determinants and dynamics of spatial differentiation of housing price in Yangzhou. Progress in Geography, 2014, 33(3): 375-388.
doi: 10.11820/dlkxjz.2014.03.009 |
[王洋, 李强, 王少剑, 等. 扬州市住宅价格空间差异的影响因素与驱动机制. 地理科学进展, 2014, 33(3): 375-388.]
doi: 10.11820/dlkxjz.2014.03.009 |
|
[43] |
Wang J F, Li X H, Christakos G, et al.Geographical detectors-based health risk assessment and its application in the neural tube defects study of the Heshun Region, China. International Journal of Geographical Information Science, 2010, 24(1): 107-127.
doi: 10.1080/13658810802443457 |
[44] |
Hu Y, Wang J, Li X, et al.Geographical detector-based risk assessment of the under-five mortality in the 2008 Wenchuan earthquake, China. PLoS One, 2011, 6(6): e21427.
doi: 10.1371/journal.pone.0021427 pmid: 21738660 |
[45] | Song Jianan, Jin Xiaobin, Tang Jian, et al.Analysis of influencing factors for urban land price and its changing trend in China in recent years. Acta Geographica Sinica, 2011, 66(8): 1045-1054. |
[宋佳楠, 金晓斌, 唐健, 等. 中国城市地价水平及变化影响因素分析. 地理学报, 2011, 66(8): 1045-1054.] | |
[46] | Gao Yang, Zhao Ruina, A Shan, et al. SOFM-based classification for land price of city in China. Acta Scientiarum Naturalium Universitatis Pekinensis, 2010, 46(4): 655-660. |
[高阳, 赵瑞娜, 阿杉, 等. 基于自组织特征映射网络的全国地级市城市地价区域分类研究. 北京大学学报(自然科学版), 2010, 46(4): 655-660.] | |
[47] |
Wheaton William C.Urban Economics and Real Estate Markets. Englewood Cliff: Prentice Hall, 1996.
doi: 10.1081/ESE-120016895 |
[48] |
Zeng Guo'an, Zhang Heshui. Teston the relationship between price of urban land and commercial residential houses. Contemporary Economic Research, 2013(6): 19-25.
doi: 10.3969/j.issn.1005-2674.2013.06.004 |
[曾国安, 张河水. 中国城市土地价格与商品房价格关系的检验. 当代经济研究, 2013(6): 19-25.]
doi: 10.3969/j.issn.1005-2674.2013.06.004 |