政治关联与房地产价格:来自中国房地产上市公司的证据

发布时间：2018-05-01 03:27

  本文选题：房地产价格 + 政治关联　； 参考：《经济经纬》2015年04期

【摘要】：中国房地产市场泡沫会对经济和社会造成严重的负面影响。除了成本过高和需求过热,政治关联也可能是影响房地产价格泡沫的形成的重要因素。笔者基于包含政治关联的房地产价格决定模型,利用2002年~2012年房地产上市公司面板数据,检验了政治关联对房地产价格的影响。研究发现:政治关联对房地产企业融资具有有利影响,并且这种有利影响在不同所有制的房地产企业中表现形式不同;政治关联不仅对房地产价格有直接影响,而且通过土地供应计划和财政金融政策对房地产价格产生间接影响。
[Abstract]:China's real estate market bubble will have a serious negative impact on the economy and society. In addition to high costs and overheating demand, political connections may also be important factors in the formation of property price bubbles. Based on the real estate price decision model with political relevance, the author uses the panel data of listed real estate companies from 2002 to 2012 to test the influence of political association on real estate prices. It is found that the political association has a favorable influence on the financing of real estate enterprises, and this beneficial influence has different forms of expression in the real estate enterprises with different ownership, and the political association not only has a direct impact on the real estate prices, but also has a direct impact on the real estate prices. And through the land supply plan and the financial policy to the real estate price has the indirect influence.
【作者单位】： 湖南大学经济与贸易学院;湖南城市学院;
【基金】：国家社会科学基金重大项目(07&ZD017) 湖南省社科基金重点项目(08GZDZ10)
【分类号】：D262.6;F299.23
，

本文编号：1827541