关键词: 房价波动, 投入产出模型, 结构向量自回归模型, 动态模

Abstract: Input-output model and SVAR model simulate that the housing price fluctuations impact on the price level of other industrial sector of national economy and each link of social reproduction. The research results demonstrate that: From the horizontal perspective, there is not only a stable positive correlation between house price fluctuations and sectoral price fluctuations; but also a characteristic of regular distribution which the housing price fluctuations impact on the degree of price fluctuations of various industrial sectors. From the vertical perspective, there is not only a coincident change between the house price and the production price, the consumption price; but also a mechanism which the impact of housing price fluctuations is transmitted to the production price in the first place, then the impact is transmitted to the consumption price by the production price.

Key words: Housing Price Volatility, Input-output Model, SVAR Model, Dynamic Simulation