DocumentCode
2128713
Title
The effects of value of city on urban house price: An empirical study based on factor analysis and Panel Data model
Author
Yang, Jianping ; Li, Zhenxing
Author_Institution
School of Management, Xi´´an University of Architecture & Technology, China
fYear
2010
fDate
4-6 Dec. 2010
Firstpage
6263
Lastpage
6266
Abstract
Based on the panel data of 35 large and medium-sized cities in China from 2004 to 2008, this paper empirically analyses the effects of value of city on urban house price by using the factor analysis and the econometric model of Panel Data. The result of study shows that the value of cites in our country are increasing. The value of city for urban house price is relative. The value of city decides urban house price. The difference of value of the city is reflected in urban house price. Finally, using deviation value evaluates matching degree between value of city and urban house price.
Keywords
Cities and towns; Data models; Economic indicators; Educational institutions; Indexes; Lead; factor analysis; panel data analysis; urban house price; value of city;
fLanguage
English
Publisher
ieee
Conference_Titel
Information Science and Engineering (ICISE), 2010 2nd International Conference on
Conference_Location
Hangzhou, China
Print_ISBN
978-1-4244-7616-9
Type
conf
DOI
10.1109/ICISE.2010.5690435
Filename
5690435
Link To Document