Spatial Correlation Test and Spillover Effect of Urban Housing Price in Shandong Province

Daoping Cheng ； Tai Wang

《International Journal of Social Science and Education Research》 4卷9期 (2021/09) Pp. 169-179

https://doi.org/10.6918/IJOSSER.202109_4(9).0029

摘要

Taking the housing prices of 17 cities in Shandong Province as the research object, this paper constructs a spatial panel model and uses spatial econometric tools to comprehensively test the spatial spillover effect of urban housing prices. The results show that: (1) there is a significant spatial correlation between urban housing prices in Shandong Province, and the spillover effect shows a positive change form of rising and falling at the same time. (2) The non spatial econometric models generally have errors in the estimation of the influencing factors of housing prices. (3) There is a significant spatial correlation between the influencing factors of urban housing prices in Shandong Province. Therefore, we should fully understand the spatial correlation of urban housing prices, and make targeted strategies to promote the realization of policy objectives.

關鍵字

House price linkage ； Correlation test ； Spatial Durbin model ； Spillover effect

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