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Research On Linkage Effects Of Housing Price Fluctuation In Guanzhong Urban Agglomeration

Posted on:2016-08-08Degree:MasterType:Thesis
Country:ChinaCandidate:Z Y GuFull Text:PDF
GTID:2309330479997962Subject:Engineering economics and management
Abstract/Summary:PDF Full Text Request
The housing price raise rapidly of large and medium-sized cities in our country housing market,house prices has always been a hot topic in the society.The housing market is a regional market.These markets have the obvious heterogeneity,but not exclude the spatial interaction.A comprehensive analysis the space conduction effect of the regional market, would have important theoretical significance and practical significance for the government forecast movements in housing prices and regulating the housing market.On the basis of reading the related literatures of regional housing price fluctuation in domestic and foreign, This paper select the shaan xi Guanzhong urban agglomeration as the research object,choose five cities in guanzhong urban agglomeration in 1995-2014 of ordinary commodity residential house price data in1995-2014 for the indicator,With the aid of Eviews7.2 econometric software to establish var mode of commodity residential house price,First of all use unit root test、cointegration test, granger causality test to determine the linkage effect between urban housing prices, finally coupled with the generalized impulse response function and variance decomposition to analyze the intensity of linkage effect.The results show that,the linkage effects of the different urban housing price Fluctuation in Guanzhong regional is very strong.Xi ’an is the heart of the city,it caused price fluctuations in the urban agglomeration and diffusion effect on other cities.This research hope to make a quantitative description on house price fluctuations between cities, and further enriched the contents of the real estate price theory research in the western region,then provide theoretical basis and policy suggestions for citygovernment to make differentiated regulatory policy,efficient to guide the healthy development of the housing market.
Keywords/Search Tags:residence price, price volatility, Guanzhong urban agglomeration, impulse response, variance decomposition
PDF Full Text Request
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