Journal of Geographical Sciences ›› 2018, Vol. 28 ›› Issue (6): 725-740.doi: 10.1007/s11442-018-1501-1
• Research Articles • Previous Articles Next Articles
Shaojian WANG1(), Jieyu WANG1, Yang WANG2,*(
)
Received:
2017-12-07
Accepted:
2017-12-30
Online:
2018-06-20
Published:
2018-06-20
Contact:
Yang WANG
E-mail:1987wangshaojian@163.com;wyxkwy@163.com
About author:
Author: Wang Shaojian (1986-), Associate Professor, specialized in urban geography and regional development. E-mail:
Supported by:
Shaojian WANG, Jieyu WANG, Yang WANG. Effect of land prices on the spatial differentiation of housing prices: Evidence from cross-county analyses in China[J].Journal of Geographical Sciences, 2018, 28(6): 725-740.
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Table 1
Statistical summary of the variables"
Variables | Definition | Expected direction | Min | Max | Mean | S.D. |
---|---|---|---|---|---|---|
Land price | Cost of land (104 yuan/ha) | + | 27.76 | 6127.08 | 783.02 | 829.99 |
Proportion of renters | Proportion of renters (%) | + | 0.00 | 84.94 | 9.50 | 10.45 |
Floating population | Urban floating population (104 person) | + | 0.00 | 243.41 | 10.58 | 15.79 |
Wage level | Average wage of urban employees (yuan) | + | 5128.74 | 125949.00 | 30286.80 | 9161.17 |
Housing market | Proportion of the population working in the real-estate industry (%) | + | 0.00 | 8.06 | 0.56 | 0.89 |
Table 2
Regression coefficients for the housing price model for China"
Variables | Non-standardized coefficient | Standard error | Standardized coefficient | t-value | Significance | Model parameters |
---|---|---|---|---|---|---|
Coefficient (α0) | -1103.623 | 178.337 | - | -6.188 | 0.000 | R = 0.855 R2 = 0.732 Aj-R2 = 0.731 F = 1502.289 Sig. = 0.000 df = 5 |
Land price | 2.702 | 0.068 | 0.488 | 39.482 | 0.000 | |
Proportion of renters | 28.680 | 6.657 | 0.065 | 4.308 | 0.000 | |
Floating population | 0.001 | 0.000 | 0.033 | 2.882 | 0.007 | |
Wage level | 0.089 | 0.007 | 0.178 | 12.947 | 0.000 | |
Housing market | 1448.468 | 72.222 | 0.281 | 20.056 | 0.000 |
Table 3
Geographical detection results for potential determinants of housing prices in China"
Land prices | Proportion of renters | Floating population | Wage level | Housing market | |
---|---|---|---|---|---|
Nation | 0.3837 | 0.3291 | 0.1664 | 0.2816 | 0.3214 |
Urban district of provincial capital city | 0.9070 | 0.9069 | 0.6452 | 0.8307 | 0.9244 |
Urban district of prefecture-level city | 0.7141 | 0.8790 | 0.0095 | 0.9108 | 0.8166 |
County | 0.7022 | 0.7844 | 0.7382 | 0.2829 | 0.7489 |
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