Mechanism of Action and Empirical Study of the Rising Price of Commodity Residential House Based on Panel Data Model—— as the Example of 7 West Central Cities
研究2002-2008年7个中西部城市商品住宅价格过快上涨的机理,发现城镇居民可支配收入、商品住宅竣工面积和GDP是主要影响因素。
The phenomenon of the west central urban commodity residential house price rising excessively has aroused wide concern in recent years.It is very important to explore the mechanism of action about rising price of commodity residential house.Using the panel data model to research the average price in 2002-2008 of 7 west central cities,the empirical study shows that town residents' disposable income level,commodity residential completion area and GDP such three main dynamic factors play significant role in the west central urban commodity residential house price forming process.