Relationship Between Fiscal Revenue And Real Estate Price In Anhui Province

Anhui province after the "housing reform", the real estate industry booming, commodity housing boom in improving the living conditions of residents in the same province part of the city real estate market overheating, such as Anhui Province, Hefei first square housing price from less than 2000 yuan / square meter has exceeded 8000 yuan / square meter, but also a subtle change in the financial revenue and expenditure structure of Anhui province. Anhui real estate market and capital market in the rapid development of the financial revenue risk, the risk of the financial risk of capital financing platform for real estate development has a pivotal role. At present, the rapid expansion of Anhui, which can not help but also let the real estate fiscal risk.The second chapter describes the structure and present situation of Anhui Province, Anhui Province, the structure of fiscal revenue, from the introduction of local fiscal revenue in Anhui Province real estate prices and land financial theory. The third chapter is about the current situation of Anhui province "s fiscal revenue, the real estate development process is over reliance on land finance, bringing a series of economic development, the real estate price is excessively high, increasing the cost of local residents, and the economic structure of the local stability. Analysis of the mechanism of the effect of the fiscal revenue and the real estate price in Anhui province. The fourth chapter is the construction of the empirical model, this paper focuses on the analysis of the relationship between the local financial revenue and real estate prices in 13 cities of Anhui Province in 2004-2013 by screening analysis. The Panel model is the carrier, and the specific value of the relationship between the fiscal revenue and the real estate price is got through mathematical analysis. This paper selects the relevant indicators with fiscal revenue and real estate prices, namely, Anhui Province, prefecture level cities real estate prices(LNP); at the end of the Anhui Province, prefecture level cities fiscal revenue, the natural logarithm(Incz), Anhui prefecture level city urban total population natural logarithm Inrk, Anhui prefecture level City real estate development investment of natural logarithms(lntz), Anhui Province, prefecture level cities of GDP natural logarithm Ingdp, prefecture level cities in Anhui Province City family per capita income logarithmic lnsr, sample interval for 2004 to 2014, the three data were unit root test, the application of models and regression test. The fifth chapter is the summary of this article, and then from the official promotion system reform, standardize the local government land transfer, the establishment of new land transactions market and other aspects of Anhui Province in the financial revenue and the real estate industry’s future development policy recommendations.