利用2002~2011年30个省市面板数据分析土地出让收入、地方财政支出对我国房价影响的区域差异性。研究结果表明,东中西部三个区域的土地出让收入与地方财政支出对房价的影响均存在不同程度的时滞效应;短期内土地出让收入与地方财政支出对房价的作用效果并无显著的区域差异性,但就长期发展趋势来看,东部与西部地区仍以地方财政支出影响为主,而中部地区的情况却出现了逆转,土地出让收入对房价的刺激作用要显著大于财政支出。
The panel data of 30 provinces has been used to analyze the regional difference of the effect on real estate price by land transfer revenues and local fiscal expenditure.The results show that there exits lagged effects on real estate price by land transfer revenues and local fiscal expenditure.The difference of the effect on real estate price by land transfer revenues and local fiscal expenditure is not significant among the eastern,middle and western in a short time.However,in a long term development period,local fiscal expenditure has a larger impact on real estate price than land transfer revenues in the east and the west.However,it is a different story in the middle.Land transfer revenues make the significantly greater stimulating effect than local fiscal expenditure.