住房价格与城镇居民收入分配差距关系研究——基于26个大中城市的实证

Housing Price and Residents' Income Distribution Gap——Based on the Empirical Study of the 26 Large and Medium-sized Cities

收入分配差距增大与住房价格快速增长,是我国经济新常态下需解决的两大问题。从住房价格与收入分配差距的关系入手,厘清两者之间的互动机制,利用2003—2012年26个大中城市相关数据,构造基尼系数与住房价格的面板数据回归模型。实证结果显示,住房价格对基尼系数的影响是正向的;基尼系数对住房价格的影响亦为正向的,但其强度要大于住房价格对基尼系数的影响。同时,研究发现城镇化率、GDP以及第三产业的发展状况等因素亦对住房价格与收入分配差距造成显著地影响。因而在城镇化推进过程中,依据住房价格与收入分配差距的互动关系,应考虑将房地产调控政策与收入分配政策相结合,以求解决房价上涨与收入分配差距拉大这两大问题。

Income distribution gap widening gradually and house price rising rapidly are the two major problems needed to be solved under China＇s new normal. In this paper,we consider the relationship between house price and income distribution gap to clarify the interaction mechanism. Based on panel data of 26 large and medium cities from 2003 to 2012,we construct house price＇and gini coefficient＇s panel data regression model. The empirical results show that house price＇s influence on gini coefficient is positive; Gini coefficient＇s influence on house price is positive. And gini coefficient is more pronounced impact on house price. In addition,we find that the urbanization rate,GDP and development of the third industry also have significant impacts on house price and income distribution gap. Thus,in the process of urbanization,based on the interaction between house price and income distribution,we should connect the real estate regulatory policies with the income distribution policies. It＇s effective to restrain the house prices rising and narrow the income distribution gap.