Acta Geographica Sinica ›› 2011, Vol. 66 ›› Issue (4): 468-476.doi: 10.11821/xb201104004

Previous Articles     Next Articles

Border Effect of Inner City: Research Based on Spatial Spillover of Real Estate Price

HONG Guozhi1, LI Xun1,2   

  1. 1. Center for Studies of Hong Kong, Macao and Pearl River Delta, Sun Yat-sen University, Guangzhou 510275, China;
    2. Center for Urban & Regional Studies, Sun Yat-sen University, Guangzhou 510275, China
  • Received:2010-07-27 Revised:2010-12-15 Online:2011-04-20 Published:2011-04-20
  • Supported by:

    National Natural Science Foundation of China, No.40830532; No.40871066; Project of Key Humanities and Social Science Research Bases of Ministry of Education, No.08JJD820170

Abstract: The administrative region economy leading to market segmentation is a common phenomenon in China. Based on spatial spillover effect of real estate price, this paper uses housing exchanged price data of Guangzhou city in 2005 to explore the border effect of administrative region within city by applying extended Hedonic model and semi-variogram function. The results based on analysis of spatial correlation and spatial spillover of housing price indicate that there is significant border effect between administrative districts of Guangzhou city in 2005, which suggests the existence of market segmentation. What's more, the border effect between central parts is much less than that of the peripheral ones. The natural condition and urban-rural relation contribute to the significance of border effect.

Key words: spatial spillover, border effect, semi-variogram, spatial econometrics