廣義貨幣供應(yīng)量對房地產(chǎn)開發(fā)投資的影響
本文選題:廣義貨幣供應(yīng)量 + 房地產(chǎn)開發(fā)投資; 參考:《遼寧大學(xué)》2014年碩士論文
【摘要】:房地產(chǎn)業(yè)經(jīng)過20多年的高速發(fā)展,雖然成熟度還不算高,但是增長速度卻不斷提高,取得了令人驚訝的迅猛發(fā)展,在改善居民的住房條件,減少失業(yè)人口,提供就業(yè)機會等方面做出了顯著效果。目前我國正處于高速經(jīng)濟轉(zhuǎn)型時期,房地產(chǎn)業(yè)為加快產(chǎn)業(yè)結(jié)構(gòu)調(diào)整提供了強大動力,房地產(chǎn)開發(fā)投資連年不斷提高,在拉動國民經(jīng)濟快速增長方面,起到了舉足輕重的作用。房地產(chǎn)業(yè)對貨幣和金融有很強的依賴性,無論是在購買建設(shè)用地、籌備開發(fā)、動工建設(shè)、后續(xù)經(jīng)營流通和銷售房產(chǎn)過程中,都需要大量的資金作為后備供給,,離不開籌資、融資及其他類型的貨幣流通和信貸渠道,因此資金的供應(yīng)量及可獲性對房地產(chǎn)的繁榮發(fā)展有重要影響。但是近幾年來出現(xiàn)房地產(chǎn)投資額高速增加,房地產(chǎn)價格卻居高不下的現(xiàn)象,廣義貨幣供應(yīng)量也不斷增加,在GDP中的比重也逐漸提高,年增長率多次超過GDP的年增長率。那么貨幣供應(yīng)量對房地產(chǎn)投資有怎樣的影響,能否通過合理的貨幣調(diào)控政策調(diào)控房地產(chǎn)市場,就成為一個問題。 文章從四個部分研究了貨幣供應(yīng)量對房地產(chǎn)開發(fā)投資的影響:第一部分,主要介紹論文的研究背景及意義,廣義貨幣供應(yīng)量(M2)每年不斷提高,大量貨幣涌入市場,同時房地產(chǎn)開發(fā)市場進入白熱化,投資程度不斷提高,需要適度降低房地產(chǎn)市場熱度,提出該如何操作的問題。第二部分,從理論以及實際波動角度,對市場的實際情況進行定量分析,分為我國廣義貨幣供應(yīng)量的波動情況分析,房地產(chǎn)投資情況的波動情況分析,最后將二者結(jié)合,觀察是否有波動特征。第三部分,是對兩變量采用計量分析方法進行實證分析,通過構(gòu)建相關(guān)模型和結(jié)構(gòu)性分析方法對兩變量的關(guān)系和相關(guān)特征做出總結(jié)。第四部分,根據(jù)上面的描述性分析和計量分析結(jié)果,提出政策建議,從金融機構(gòu)和政府角度提出可能建議。
[Abstract]:After more than 20 years of rapid development, although the maturity of the real estate industry is not yet high, but the growth rate is constantly increasing, and has made surprising rapid development, improving the housing conditions of residents, reducing the number of unemployed people. Significant results have been made in the provision of employment opportunities. At present, our country is in the period of high speed economic transformation, the real estate industry has provided a powerful motive force for speeding up the adjustment of industrial structure, the investment of real estate development has been increasing year after year, which has played an important role in stimulating the rapid growth of national economy. The real estate industry has a strong dependence on money and finance. No matter in the process of purchasing construction land, preparing for development, starting construction, following operation, circulation and sale of real estate, a large number of funds are needed as back-up supplies, which cannot be separated from financing. Financing and other types of money circulation and credit channels, so the availability and availability of capital has a significant impact on the real estate boom. However, in recent years, the real estate investment has increased rapidly, but the real estate price is still high. The broad money supply is also increasing, and the proportion in GDP is gradually increasing. The annual growth rate exceeds the annual growth rate of GDP many times. So how does the money supply affect the real estate investment and whether the real estate market can be regulated by reasonable monetary regulation and control policy becomes a question. The paper studies the influence of money supply on real estate development and investment from four parts: the first part mainly introduces the research background and significance of the paper, the broad money supply is increasing every year, and a large amount of money flows into the market. At the same time, the real estate development market has entered into the white-hot, the investment degree has been improved constantly, it is necessary to reduce the real estate market heat appropriately, and put forward the question of how to operate. The second part, from the theory and the actual fluctuation angle, carries on the quantitative analysis to the market actual situation, divides into our country broad sense money supply fluctuation situation analysis, the real estate investment situation fluctuation analysis, finally combines the two, Observe whether there is a characteristic of fluctuation. The third part is the empirical analysis of the two variables by means of econometric analysis, through the construction of relevant models and structural analysis methods to summarize the relationship and related characteristics of the two variables. The fourth part, according to the above descriptive analysis and econometric analysis results, put forward policy recommendations, from the perspective of financial institutions and the government put forward possible recommendations.
【學(xué)位授予單位】:遼寧大學(xué)
【學(xué)位級別】:碩士
【學(xué)位授予年份】:2014
【分類號】:F299.23;F822.2
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