주택가격과 신규주택건설의 구조 변화와 지역별 차이에 관한 분석
Analysis of Housing Price and New Housing Construction : Structural Changes and Gap among Regional Differences
- 주제(키워드) 주택가격
- 발행기관 서강대학교 대학원
- 지도교수 김경환
- 발행년도 2009
- 학위수여년월 2009. 8
- 학위명 석사
- 학과 일반대학원 경제학과
- 실제URI http://www.dcollection.net/handler/sogang/000000045366
- 본문언어 한국어
- 저작권 서강대학교의 논문은 저작권에 의해 보호받습니다
초록/요약
This study presents two kinds of empirical model of regional housing markets. In terms of the price cycle, this study analyzes the determinants of housing price by using multiple regression analysis. Population and per capita real income are found to have a positive impact on housing price, whereas housing stock and real interest rate have a negative impact. Quantity cycle was analyzed using stock adjustment relation through co-integration test. Empirical analysis reveals that over the period 2005-2007, new housing construction in the country and Daegu is in excessive supply. In addition, by using cross correlation and Chow test, this study shows that housing supply went through a structural change since the government drive to build 2 million homes in 1989.
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