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    Title: 臺灣地區住宅需求價格彈性與所得彈性之估計
    Other Titles: An Estimation of Price Elasticity and Income Elasticity of Housing Demand in Taiwan
    Authors: 林祖嘉;林素菁
    Lin,Chu-Chia;Lin,Sue-Jing
    Date: 1994-01
    Issue Date: 2009-10-10 11:08:16 (UTC+8)
    Abstract: 住宅需求的價格彈性與所得彈性大小,對於住宅經濟學的理論與政策都有很重要的涵義。國內外文獻對於此二種彈性都有很多的估計,但或者由於模型設定的不同,或者因為資料不一,使得實際估計到的彈性有很大的差異。尚幸Polinsky(1977)及Polinsky and Ellwood(1979)提出了一個相當完整的估計方式,一方面考慮個别資料與分組資料的差異,一方面對房價與所得同時考慮下的模型設定,綜合分析各種情況下,推估住宅需求價格與所得彈性應該具有的合理範圍。本文藉用Polinsky and Ellwood的方法,估計台灣地區住宅需求價格彈性與所得彈性的合理區間。就自有房屋而言,我們發现台灣地區的所得彈性應介於1.17至1.30之間,價格彈性則介於-0.45至-0.74之間;就租賃房屋而言,所得彈性應介於0.81至0.90之間,價格彈性則介於-0.94至-0.99之間。
    The right figures of price elasticity and income elasticity of housing demand have important policy implications. There are lots of empirical estimations on the two elasticities, but with a large discrepancy among them. Polinsky (1977) and Polinsky and Ellwood (1979) have provided a complete model to explain the disprepancies, mainly owing to model specification error and data difference. In this paper, we apply Polinsky and Ellwood`s method to reestimate price elasticity and income elasticity of housing market in Taiwan. We find that, for the owner-occupied housing, income elasticity is between 1.17 and 1.30, while price elasticity is among -0.45 and -0.74.For the rental housing, the two figures are between 0.81 and 0.90and between -0.94 and -0.99 for price elasticity and income elasticity, respectively.
    Relation: 住宅學報,2,25-48
    Data Type: article
    Appears in Collections:[經濟學系] 期刊論文

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