摘要
地方政府过度追求土地财政,全国各地拍卖土地催生"地王现象",土地拍卖产生过高拍卖溢价.选择北京市2003-2010年出让的住宅以及商业用地,运用特征价格模型实证检验土地拍卖溢价的影响因素.研究发现土地用途、容积率、方位、竞得人性质和区位是土地拍卖溢价的显著影响因素;与私有房地产企业相比,国有房地产企业对土地拍卖溢价的影响更加显著;2009年,中国应对金融危机的部分"救市"资金通过国有企业流入土地市场,推动了土地价格上涨.
The fact that local governments rely heavily on land finance has fostered the emergence of "land lease price champion" in many cities across the country through land auctions and land auctions are most likely to cause excessive land auction premium. This paper focuses on residential and commercial land lease transactions in Beijing for a period from 2003 to 2010 and studies the driving forces of the observed land auction premium using hedonic pricing methodology. Results show that land use purpose, floor-to-site ratio, location, the type of land bidder and distance to city center significantly impact the land auction premium. Comparing with private real estate companies, state-owned real estate firms exert more impact on land auction premium. Another finding is that part of the stimulus package released in 2009 to cope with the economic crisis has been directed to land market through state-owned real estate firms that pushes up the land prices.
出处
《系统工程理论与实践》
EI
CSSCI
CSCD
北大核心
2013年第1期117-124,共8页
Systems Engineering-Theory & Practice
基金
中国人民大学科学研究基金(中央高校基本科研业务费专项资金)(22391460)