|Table of Contents|

Bounds testing analysis of bank lending, land price and Xi'an real estate price(PDF)

《长安大学学报(社科版)》[ISSN:1671-6248/CN:61-1391/C]

Issue:
2008年01期
Page:
47-50,60
Research Field:
应用经济学
Publishing date:
2008-03-20

Info

Title:
Bounds testing analysis of bank lending, land price and Xi'an real estate price
Author(s):
QIU Chang-rong JIN Jun-hui ZHAO Yong-chao
School of Economics and Finance, Xi'an Jiaotong University, Xi'an 710061, Shaanxi, China
Keywords:
real estate economics bank lending land price real estate price
PACS:
F830.5
DOI:
-
Abstract:
To illustrate the influence of bank lending and land price on the real estate price in Xi'an, which is continually climbing, the authors use bounds testing technology to study the role of bank lending, land price on real estate price of Xi'an. The result shows that there is a long-term calm relationship between them. From the long run, bank lending and land price all have positive effects on the real estate price in Xi'an. Land price has stronger effect on the real estate price than that of bank lending. But the effect of the land price is not very remarkable.

References:

[1] Collyns,Senhadji.Lending boom,real estate bubbles and the Asian crisis[R].Washington D C:IMF,2001.
[2]Davis,klaibin zhu.Bank lendinga and commercial property cycles:some cross-country evidence[R].Basel:BIS,2004.
[3]Gerlach,Stefan,Wensheng Peng.Bank lending and property prices in Hong Kong[J].Journal of Banking & Finance,2005,29(2):461-481.
[4]Geoff kenny.Modelling the demond and supply side of the housing morket:Evidence from Ireland[J].Economic modelling,1999,20(16):389-409.
[5]皮 舜,武康平.房地产市场发展和经济增长间的因果关系——对我国的实证分析[J].管理评论,2004,16(3):8-12.
[6]李健飞,史晨昱.我国银行信贷对房地产价格波动的影响[J].上海财经大学学报,2005,7(2):26-32.
[7]段忠东,曾令华,黄泽先.房地产价格波动与银行信贷增长的实证研究[J].金融论坛,2007,12(2):40-45.
[8]凌传荣,施 骞.住宅市场供需价格差异的原因分析及对策研究[J].重庆建筑大学学报,2000,22(3):77-80.
[9]李 立,李永辉.论当前影响房价的因素及变动趋势[J].东岳论丛,2002,23(6):36-38.
[10]张 红,李文诞.北京商品住宅价格变动实证分析[J].中国房地产金融,2001,8(3):3-7.
[11]陆 宁,姜丽宁,俞允凯.等.西安市房地产市场景气指标筛选研究[J].长安大学学报:社会科学版,2007,9(3):57-60.
[12]单胜道,尤建新.容积率对地价的影响规律分析[J].长安大学学报:社会科学版,2003,5(1):52-58.
[13]马恒升,王怀德.我国房地产金融市场现状分析及改革方向[J].长安大学学报:社会科学版,2001,3(1):51-53.
[14]纪秉林,肖吉军,陈 军.二手房对商品房价格的影响[J].长安大学学报:建筑科学与环境学报,2004,21(2):59-61.
[15]Engel,Granger.Co-integration and error correction:Represention,esimation and testing[J].Econometrica,1987,25(35):251-252.
[16]Johansen.Estimation and hypothesis tesing of cointegrating vecors in Gaussian vector autoregressive models[J].Econometrica,1991,59(6):1 551-1580.
[17] Pesaran,Shin,Smith.Bounds testing approaches to the analysis of level relationships[J].Journal of Applied Econometrics,2001,16(3):289-326.
[18]高海红.实际汇率与经济增长:运用边限检验方法检验巴拉萨-萨缪尔森假说[J].世界经济,2003,63(7):3-14.
[19]王志强,齐佩金,孙 刚.人民币汇率购买力评价的界限检验[J].数量经济技术经济研究,2004,21(2):116-124.

Memo

Memo:
-
Last Update: 2008-03-20