A Study of the Luxury Tax And Actual Price Registration Influencing Taiwan Real Estate Price: Evidences for Taipei, Taichung and Kaohsiung
| Autor: | Wen-Hsiang Lin, 林文祥 |
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| Rok vydání: | 2015 |
| Druh dokumentu: | 學位論文 ; thesis |
| Popis: | 103 This study mainly focus on how the implementation of actual price registration and luxury tax affect the real estate price of Taipei city, Taichung city, and Kaohsiung city in Taiwan. It utilizes Macroeconomic factors such as interest rate, CPI, exchange rate, salary, and industrial production index; and real estate industrial factors include rent index, usage licenses, and construction loan. And finally add correlation analysis to observe what factors could influence the real estate price in different areas in Taiwan. In order to understand how each factor relates with the real estate price of the northern, middle, and southern areas, this study combine Angemented Dickey-Fuller test(ADF), maximum-likelihood estimation (MLE), and Regression Analysis to see if the relation is outstanding. Here’s the result from Regression Analysis. First of all only interest rate, exchange rate, salary, industrial production index, and rent index have great impact on the real estate price. Second, luxury tax has no impact to Taipei city. Yet, the luxury tax influence the real estate price in Taichung and Kaohsiung, the result shows the real estate price gets higher instead of lower as expected. Third, the implementation of reporting the actual real estate price has positive impact on Taipei, Taichung, and Kaohsiung, which means the implementation can’t really control the real estate price to go up, it helps the real estate price to go up. |
| Databáze: | Networked Digital Library of Theses & Dissertations |
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