城市公共品在住房价格中的资本化效应测度——以上海市为例  

Estimation on the capital effect on housing price by urban public goods:taking Shanghai City for example

作　　者：黄静[1] 石薇[2] 

机构地区：[1]上海师范大学商学院 [2]上海金融学院国际金融学院

出　　处：《城市问题》2015年第11期69-78,共10页Urban Problems

基　　金：国家自然科学基金项目(71103121)

摘　　要：采用上海市住房交易大样本数据,利用分位数回归法,从新旧住房和不同价位层次住房两个维度,实证分析了不同住房子市场中城市公共品的资本化效应的差异。结果显示:不论是新建商品房或二手房,高端住房或低端住房,地铁、公园、绿地、小学等城市公共品均被显著资本化到周边住房价格中;在高低端不同价位的新旧住房子市场中,城市公共品的资本化效应具有明显的差异性和规律性;低端住房价格中的资本化效应普遍要强于高端住房;新建商品房的特征回报明显高于二手房。By using quantile regression method, from two dimensions of new - old housing and different price level of housing, this essay conducts empirical analysis to the difference of the capital effect of the urban public goods in different housing sub - market. The results show that whether new or second - hand housing, whether high - price housing or low - price hous- ing, subways, parks, green spaces, elementary schools and other urban public goods are significantly capitalized in the neighborhood housing prices. The capital effect of urban public goods has obvious differences between new housing and second - hand housing and between high price housing and low price housing. The capital effect has more obvious regularity in the new housing market. The characteristics return in new housing is significantly higher than that of the secondary housing.

关 键 词：城市公共品 资本化效应 新建商品房 二手房 分位数回归 

分 类 号：F299.24[经济管理—国民经济]