CAJ | 학술논문

构建固定效应变异系数模型,利用2002~2010年我国省级面板数据研究住宅非市场化供给与商品房价格波动之间的关系。实证研究表明：（1）地区层面上,东中部地区住宅非市场化供给与商品房价格之间存在正向关系,住宅非市场化供给加大会引起商品房价格的上升,而西部地区住宅非市场化供给与商品房价格之间存在反向关系,住宅非市场化供给增加能够平抑商品房价格的上涨;（2）时间维度上,短期住宅非市场化供给的替代效应大于收入效应,住宅非市场化供给与商品房价格之间存在一个反向响应,其供给增加有利于平抑商品房价格的上涨,而从长期来看,其供给增加反而促进了商品房价格的上升。
구건고정효응변이계수모형,이용2002~2010년아국성급면판수거연구주택비시장화공급여상품방개격파동지간적관계。실증연구표명：（1）지구층면상,동중부지구주택비시장화공급여상품방개격지간존재정향관계,주택비시장화공급가대회인기상품방개격적상승,이서부지구주택비시장화공급여상품방개격지간존재반향관계,주택비시장화공급증가능구평억상품방개격적상창;（2）시간유도상,단기주택비시장화공급적체대효응대우수입효응,주택비시장화공급여상품방개격지간존재일개반향향응,기공급증가유리우평억상품방개격적상창,이종장기래간,기공급증가반이촉진료상품방개격적상승。
This paper analyses the relationship between the residential non-market supply and housing price based on fixed effect coefficient of variation of the model.The research results have shown:(1) There is a positive relationship between the residential non-market supply and housing price in the east-middle places.The residential non-market supply will push the housing price.At the same time,there is a negative relationship between the residential non-market supply and housing price in the west places.Therefore,the residential non-market supply will bring down the price of commercial housing.(2)The substitution effect of residential non-market supply is larger than the income effect in the short-term.There is a negative relationship between the residential non-market supply and housing price.In the long-term,the relationship between of them is positive.