非线性视角下的中国房地产财富效应的测度研究——基于1996~2008年省际面板数据的分析

被引:14
作者
陈健
高波
机构
[1] 南京大学经济学院
关键词
房地产; 财富效应; 面板门槛回归模型;
D O I
暂无
中图分类号
F832.51 [];
学科分类号
摘要
基于Hansen面板门槛模型,利用中国1996~2008年间30个省(市、区)的相关数据,进行了房地产财富效应的非线性检验。研究发现,从房价增长率和收入增长率来看,房价上涨对消费的影响存在着显著的单门槛效应,呈现非线性的区制变化,尽管总体上房价上涨不利于促进消费,但是在不同类型的区制,对消费的抑制程度存在着明显的差异。建议针对中国不同类型的区域,平抑房价的方式应有所区别,以减少可能出现的市场风险。
引用
收藏
页码:99 / 111
页数:13
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