空间溢出视角下的财政分权、公共服务与住宅价格

Fiscal Decentralization,Public Services,and Housing Prices from the Angle of Spatial Spillover

文章基于2002-2010年我国35个大中城市的面板数据,运用空间滞后双向固定模型方法对城市住宅价格的空间关联性进行了实证研究。结果显示,我国城市房价存在显著的空间正相关性,空间依赖性在一定程度上决定了房价,并且这种空间交互作用还显著影响了邻近城市的住房价格。文章进一步分析了财政分权程度和城市公共服务对房价的影响。结果显示,财政分权下的地方竞争对地方政府推高房价具有显著的正向影响,并且由教育、医疗、交通、环保等社会服务以及现代化程度等因素所决定的城市公共服务与房价存在显著的正向联系,在房地产市场发展进程中区域性背离的一个重要原因在于各地区公共服务水平的失衡。

Based on the panel data of 35 large and medium-sized cities in China from 2002 to 2010,this paper empirically analyzes the spatial correla tion of t^rban housing prices by a spatial bidirectional fixed-lag model. The results show that spatial dependence plays a determinative role in housing prices to a certain extent and this spatial interaction also significantly affects the housing prices of neighboring cities. Accordingly, it further studies the effects of fiscal decentralization and urban public services on housing prices. And it draws the following conclusions, firstly, under fiscal decentralization, local comped tion has a significantly positive effect on the role of local governments in the rise in housing prices; urban public services determined by social service levels such as education, health care, transportation, environmental protection and factors like modernization are positively correlated with housing prices and the imbalance of regional public service levels are a main reason for regional deviation in the devel- opment process of real estate market.