CAJ | 학술논문

近年来，房地产价格持续快速增长，影响房价的因素有很多，文章以辽宁省为例，建立贷款利率、货币供应量、城镇居民可支配收入和房屋销售价格的VAR模型，进行实证研究。利用EVIEWS7.0软件对模型进行脉冲响应函数和方差分解分析，得出贷款利率、货币供应量和居民可支配收入均对房价产生正向影响，并且居民可支配收入的贡献度最强，五年以上贷款利率贡献度最弱。
근년래，방지산개격지속쾌속증장，영향방개적인소유흔다，문장이요녕성위례，건립대관리솔、화폐공응량、성진거민가지배수입화방옥소수개격적VAR모형，진행실증연구。이용EVIEWS7.0연건대모형진행맥충향응함수화방차분해분석，득출대관리솔、화폐공응량화거민가지배수입균대방개산생정향영향，병차거민가지배수입적공헌도최강，오년이상대관리솔공헌도최약。
In recent years, real estate prices continued to grow rapidly. There are many factors that affect the price. Taking Liaoning Province as an example, the paper established a VAR model with lending rates, money supply, urban residents' disposable income and real estate prices for empirical research, then analyzed impulse response functions and variance decomposition of the VAR model with EVIEWS7.0. In the end, the results showed that loan interest rates, money supply and urban residents' disposable generated positive effect on real estate prices,moreover, the contribution of urban residents' disposable income was the strongest, the lending rates over five years was the weakest.