學(xué)區(qū)房的溢價(jià)究竟有多大:利用“租買不同權(quán)”和配對(duì)回歸的實(shí)證估計(jì)
發(fā)布時(shí)間:2018-10-04 19:12
【摘要】:中國城市居民只有在學(xué)區(qū)中買房(而非租房)才能享有學(xué)區(qū)內(nèi)小學(xué)的入學(xué)權(quán)。本文借助"租買不同權(quán)"的入學(xué)制度,以及學(xué)區(qū)房與相鄰非學(xué)區(qū)房的配對(duì)回歸,更好地處理特征價(jià)格模型中的遺漏變量,精確測(cè)度優(yōu)質(zhì)教育資源的隱含價(jià)格。結(jié)果表明,2011年北京重點(diǎn)小學(xué)學(xué)區(qū)房的溢價(jià)約為8.1%。將基礎(chǔ)教育資源與住房租買形式掛鉤的制度安排,是中國城市居民過度偏好住房自有的重要原因之一,會(huì)扭曲居民住房選擇和資源配置,造成優(yōu)勢(shì)區(qū)位房?jī)r(jià)過高。
[Abstract]:Chinese urban residents have access to primary schools in school districts only if they buy houses in school districts rather than rent them. With the aid of the admission system of "different right to rent purchase" and the matching regression between school district house and adjacent non-school district room, this paper deals with the missing variables in the characteristic price model and measures the implied price of high-quality educational resources accurately. The results show that the premium of Beijing primary school district room is about 8.1 in 2011. The institutional arrangement, which links the basic education resources with the form of housing rent and purchase, is one of the important reasons for the excessive preference for housing ownership by Chinese urban residents, which will distort the choice of housing and the allocation of resources for residents, resulting in excessive housing prices in advantageous locations.
【作者單位】: 清華大學(xué)建設(shè)管理系房地產(chǎn)研究所;加州大學(xué)洛杉磯分校Luskin公共事務(wù)學(xué)院;
【基金】:國家自然科學(xué)基金(70973065、71273154、7132230) 教育部新世紀(jì)人才支持計(jì)劃(NCET-12-0313) 清華大學(xué)自主科研計(jì)劃的資助
【分類號(hào)】:F293.3;F224
本文編號(hào):2251536
[Abstract]:Chinese urban residents have access to primary schools in school districts only if they buy houses in school districts rather than rent them. With the aid of the admission system of "different right to rent purchase" and the matching regression between school district house and adjacent non-school district room, this paper deals with the missing variables in the characteristic price model and measures the implied price of high-quality educational resources accurately. The results show that the premium of Beijing primary school district room is about 8.1 in 2011. The institutional arrangement, which links the basic education resources with the form of housing rent and purchase, is one of the important reasons for the excessive preference for housing ownership by Chinese urban residents, which will distort the choice of housing and the allocation of resources for residents, resulting in excessive housing prices in advantageous locations.
【作者單位】: 清華大學(xué)建設(shè)管理系房地產(chǎn)研究所;加州大學(xué)洛杉磯分校Luskin公共事務(wù)學(xué)院;
【基金】:國家自然科學(xué)基金(70973065、71273154、7132230) 教育部新世紀(jì)人才支持計(jì)劃(NCET-12-0313) 清華大學(xué)自主科研計(jì)劃的資助
【分類號(hào)】:F293.3;F224
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