Determinants of Housing Price on both the Long-term Trend and the Short-term Fluctuation:Panel Data of 35 China Cities

摘要：

　　In this paper,we use AH model to simulate the real housing price based on panel data of 35 large and medium-sized cities and analyze the factors affecting housing prices from both the longterm trend and short-term fluctuation.The results show that: in China,land prices,real estate investment,regional GDP per capita,population,housing loan interest rate and income per capita are the main factors of housing prices in the long run,while real estate investment and population can have a significant effect on short-term housing prices.Meanwhile,different regions have different influencing factors.

关键词： Housing Price Influencing Factors AH Model

作者: AN Hui WANG Liting DOU Jun

作者单位: School of Economics,Dalian University of Technology,Dalian,China,116024

会议类型: 国际会议

会议名称: the 5th (2013)International Conference on Financial Risk and Corporate Finance Management(第五届(2013)金融风险与公司金融国际研讨会)

会议地点: 大连

会议语种:英文

页码: 189-194

在线出版日期: 2013-06-29（万方平台首次上网日期，不代表论文的发表时间）