摘要
城市房地产是城市经济增长和创新产出的重要影响因素。本文将城市公共性、经营性以及居住性房地产、经济发展水平及创新产出纳入同一分析框架,探讨了以城市经济发展水平为中介的不同类型房地产对创新产出的影响机理。以2006-2016年中国创新型试点城市面板数据为研究样本,借助中介效应模型及面板门限回归模型,揭示了不同类型房地产通过经济发展水平对创新产出的影响差异。结果表明:城市各类房地产对创新产出存在正向促进作用,经济发展水平在城市房地产与创新产出间发挥了正中介效应。随着公共性与居住性房地产指数由低到高的变化,经济发展水平对城市创新的正向影响呈现"U"型趋势,但公共性房地产指数的影响程度强于居住性房地产;经营性房地产指数的增加强化了经济发展水平对城市创新产出的促进作用。
Urban real estate is an important factor affecting urban economic growth and innovation output.This paper unifies urban public,business and residential real estate,economic development level and innovation output into the analysis framework,and discusses the influence mechanism of different types of real estate with the level of urban economic development as the intermediary.With the 2006-2016 year Chinese innovative city panel data as the research sample,with the aid of the medium effect model and the panel threshold regression model,the difference of the influence of different types of real estate through the economic development level on the innovation output is revealed.The results show that the urban real estate has a positive effect on the innovation output,and the economic development level plays a positive intermediary effect between the urban real estate and the innovation output.With the change of public and residential real estate index from low to high,the positive impact of economic development level on urban innovation is"U",but the impact of the public property index is stronger than that of residential real estate;the increase of the operational real estate index strengthens the promotion of the economic development level to the urban innovation output.
作者
王荣
张所地
Wang Rong;Zhang Suodi
出处
《财经科学》
CSSCI
北大核心
2019年第12期108-120,共13页
Finance & Economics
基金
国家自然科学基金项目“城市不动产动态与预期评估模型研究”(70973072),国家自然科学基金青年基金项目“适婚人群性别失配背景下的婚配竞争与住房市场:传导机理、跨层测度与时空演变”(71904112)
教育部人文社科青年基金项目“房地产市场风险的生成、测度与控制研究”(15YJC630187)
关键词
城市房地产
经济发展水平
创新产出
中介效应
Urban Real Estate
Economic Development Level
Innovation Output
Mediation Effect
