摘要
以新一轮住房市场制度改革——"租购并举"为切入点,以我国35个大中城市为研究对象,利用2016年第一季度至2018年第四季度面板数据,采用双重差分模型和双重差分倾向得分匹配模型,实证分析了租购并举政策对试点城市房价变动的影响效应,并据此探讨了租购并举政策对住房市场发展的影响作用。结果表明,租购并举政策对住房市场产生了直接影响,整体上显著地抑制了房价上涨,但也推高了住房租金。进一步研究发现,租购并举政策对新建房和小面积住房价格的抑制程度比对二手房和大面积住房价格的抑制程度更为显著。
Starting from the new round of housing market system reform"encouraging both housing purchase and renting",this paper takes China’s 35 large and medium-sized cities as the research objects and empirically analyses the policy impact of encouraging both housing purchase and renting on the changes of housing prices in the pilot cities based on the panel data from the first quarter of2016 to the fourth quarter of 2018 by employing the Difference-in-Difference model(DID)and the Difference-in-Difference Propensity Score Matching model(PSM-DID).Then it discusses the impact of the policy on the development of the housing market.The results show that the policy of encouraging both housing purchases and renting has a direct impact on the housing market,which can significantly inhibit the rise in housing prices,but also push up housing rents.Further research finds out that this policy has a more significant degree of inhibiting effect on the prices of new housing and small-area housing than on the prices of second-hand housing and large-area housing.
作者
刘绍涛
张协奎
LIU Shao-tao;ZHANG Xie-kui(Guangxi University,Nanning 530004;Henan University of Urban Construction,Pingdingshan 467036,China)
出处
《当代财经》
CSSCI
北大核心
2020年第3期3-15,共13页
Contemporary Finance and Economics
基金
国家社会科学基金一般项目“新型城镇化视角下的中国房价合理水平研究”(13BJL030)
广西第七批特聘专家专项经费资助项目“‘一带一路’与北部湾城市群协同发展研究”(桂财社函〔2018〕190号)
广西研究生教育创新计划资助项目“租购并举下中国房价、租金变动趋势研究”(YCBZ2019018)。
关键词
租购并举
房价
双重差分模型
双重差分倾向得分匹配模型
encouraging both housing purchase and renting
house price
difference-in-difference model
difference-in-difference propensity score matching model
