湖南工程学院学报:社会科学版
湖南工程學院學報:社會科學版
호남공정학원학보:사회과학판
Journal of Hunan Institute of Engineering(Social Science Edition)
2012年
2期
11-14
,共4页
宏观经济%人均GDP%货币供应量%房价
宏觀經濟%人均GDP%貨幣供應量%房價
굉관경제%인균GDP%화폐공응량%방개
macroeconomy%per capita GDP%money supply%house price
中国房地产市场自20世纪80年代末起步以来得到了飞速的发展,与此同时房价也节节攀升,宏观经济基本面对房价的影响也引起了关注。为了证实房价与宏观经济基本面之间的关系,选用货币供应量M1,和人均国内生产总值作为宏观经济的代表变量,通过计量模型对宏观经济与房价的关系进行了实证研究,结果表明,经济基本面的持续繁荣对资产价格尤其是住房价格有积极的影响,货币供应量M1对房价的影响也非常显著,并据此提出完善我国房地产市场调控的政策建议。
中國房地產市場自20世紀80年代末起步以來得到瞭飛速的髮展,與此同時房價也節節攀升,宏觀經濟基本麵對房價的影響也引起瞭關註。為瞭證實房價與宏觀經濟基本麵之間的關繫,選用貨幣供應量M1,和人均國內生產總值作為宏觀經濟的代錶變量,通過計量模型對宏觀經濟與房價的關繫進行瞭實證研究,結果錶明,經濟基本麵的持續繁榮對資產價格尤其是住房價格有積極的影響,貨幣供應量M1對房價的影響也非常顯著,併據此提齣完善我國房地產市場調控的政策建議。
중국방지산시장자20세기80년대말기보이래득도료비속적발전,여차동시방개야절절반승,굉관경제기본면대방개적영향야인기료관주。위료증실방개여굉관경제기본면지간적관계,선용화폐공응량M1,화인균국내생산총치작위굉관경제적대표변량,통과계량모형대굉관경제여방개적관계진행료실증연구,결과표명,경제기본면적지속번영대자산개격우기시주방개격유적겁적영향,화폐공응량M1대방개적영향야비상현저,병거차제출완선아국방지산시장조공적정책건의。
China's real estate market has gone through a rapid development since the late 1980s,at the same time,house price has been rising fast. The fundamental influence of macroeconomy on house price has be- come a great concern. This paper uses per capita GDP and money supply(M1)as representatives of the mac- roeconomic variables to do econometric model empirical research into the relationships between macroecon- omy and house price. The results show that the continued prosperity of the economic fundamentals has a positive impact on asset price,especially the house price, and that money supply (M1) impact on house price is also very significant. Accordingly,policy recommendations for China's real estate market regulation are proposed.