构建固定效应变异系数模型,利用2002~2010年我国省级面板数据研究住宅非市场化供给与商品房价格波动之间的关系。实证研究表明:(1)地区层面上,东中部地区住宅非市场化供给与商品房价格之间存在正向关系,住宅非市场化供给加大会引起商品房价格的上升,而西部地区住宅非市场化供给与商品房价格之间存在反向关系,住宅非市场化供给增加能够平抑商品房价格的上涨;(2)时间维度上,短期住宅非市场化供给的替代效应大于收入效应,住宅非市场化供给与商品房价格之间存在一个反向响应,其供给增加有利于平抑商品房价格的上涨,而从长期来看,其供给增加反而促进了商品房价格的上升。
This paper analyses the relationship between the residential non-market supply and housing price based on fixed effect coefficient of variation of the model.The research results have shown:(1) There is a positive relationship between the residential non-market supply and housing price in the east-middle places.The residential non-market supply will push the housing price.At the same time,there is a negative relationship between the residential non-market supply and housing price in the west places.Therefore,the residential non-market supply will bring down the price of commercial housing.(2)The substitution effect of residential non-market supply is larger than the income effect in the short-term.There is a negative relationship between the residential non-market supply and housing price.In the long-term,the relationship between of them is positive.