CAJ | 학술논문

房地产价格受多种宏观经济因素的综合影响，不同城市的房价决定因素可能存在差异。文章将全国城市划分为四种级别，并选择17个一、二、三线样本城市，以货币供应量、CPI、GDP、城镇居民家庭人均可支配收入和社会固定资产投资额为解释变量，选取2002-2012年的季度数据，构建Panel Data模型，研究房价影响因素的空间非一致性，研究结果证明了空间非一致性的存在。基于此，对一、二、三线城市分别提出了差异性调控手段建议。
방지산개격수다충굉관경제인소적종합영향，불동성시적방개결정인소가능존재차이。문장장전국성시화분위사충급별，병선택17개일、이、삼선양본성시，이화폐공응량、CPI、GDP、성진거민가정인균가지배수입화사회고정자산투자액위해석변량，선취2002-2012년적계도수거，구건Panel Data모형，연구방개영향인소적공간비일치성，연구결과증명료공간비일치성적존재。기우차，대일、이、삼선성시분별제출료차이성조공수단건의。
The real estate price is comprehensively affected by many kinds of macro economic factors,and the housing prices in different cities may be influenced by different factors. The paper classifies the cities nationwide into four levels,and selects 17 cities at the first, second and third level among them respectively as the samples. Choosing M2, CPI, GDP, Per capita disposable income of urban households and social fixed assets investment as explanatory variables,based on the quarterly data during the year of 2002 to 2012,it builds a Panel Data model to make a research on the spatial nonuniformity of factors influ-encing housing prices. The empirical results prove that the spatial nonuniformity does exist. Based on the study,this paper puts forward different macro-control policies to cities at the different levels.