摘要
在面板门限模型的基础上,以房价地价比作为房地产投资获利空间的替代变量,研究不同地价房价比变动水平下,房地产投资规模对地区经济增长的影响。结果显示:地价房价比的变动率小于-16.7%时,房地产投资规模对经济发展的影响呈显著正向影响;地价房价比的变动率大于-16.7%且小于0时,房地产投资规模的变化对经济发展呈显著负向影响;当地价房价比的变动率大于0时,房地产投资规模的变动对经济发展的影响不显著。
Based on the panel threshold model,this paper studies the impact of real estate investment on regional economic growth under the different level of the price-to-land ratio.The results show that when the changes of price-to-land ratio is less than-16.7%,the scale of real estate investment has a significant positive effect on economic development.When the change of price-to-land ratio is between-16.7%and 0,the real estate investment scale has a significant negative effect on economic development,and the real estate investment scale has no significant effect on economic development when the change of price-to-land ratio is greater than 0.
作者
武建新
路畅
WU Jianxin;LU Chang(Harbin Institute of Technology Shenzhen Graduate School,Shenzhen 518055,China;Shenzhen Land and Real estate Trading Center,Shenzhen 518000,China;Shenzhen Bay Technology Co.Ltd,Shenzhen 518000,China)
出处
《建筑经济》
北大核心
2020年第S02期249-253,共5页
Construction Economy
关键词
房价地价比
门限效应
投资规模
经济发展
price-to-land ratio
threshold effect
investment scale
economic development
