거시경제변수가 아파트낙찰가율에 미치는 영향에 관한 연구

• 영문명: A Study on the Influence of Macroeconomy Variable upon the Apartment Bid Rate
• 발행기관: 한국주거환경학회
• 저자명: 김성숙(Kim, sung-sook) 박창수(Park, chang-soo)
• 간행물 정보: 『주거환경(한국주거환경학회논문집)』住居環境 제11권 제3호 (통권 제22호), 237~249쪽, 전체 12쪽
• 주제분류: 사회과학 > 지역개발
• 파일형태: PDF
• 발행일자: 2013.12.31

영문 초록

The purpose of the study is to derive the decision factors of apartment auction price using Macro-economic variables and VECM(Vector Error Correction Model) in the aspect that the combination of capital market and real estate market has been accelerated. The results are as follows; first, it is identified that consumer price, stock price index and economic growth are the main factors determining the apartment auction price. Among them, consumer price influence the most to apartment auction price due to a function of inflation hedge. However, interest rate(3-year corporate bond) that is regarded as a typical substitute of real estate Investment was not influential factor to the apartment auction price. The results imply that the capital market variables such as economic growth, consumer price should be considered to the decision making process of investing in the real estate market since the capital and real estate market has been quickly combined in Korea.

목차

Abstract

Ⅰ. 서론

Ⅱ. 아파트 경매시장의 고찰

Ⅲ. 이론적 결정모형

Ⅳ. 분석결과

Ⅴ. 결론

참고문헌

키워드

아파트 경매 낙찰가율 거시경제변수 벡터오차수정모형 Apartment Auction Bidding Price Macro-economic variables VECM(Vector Error Correction Model)