Abstract Based on the panel data of 31 provinces from 2001 to 2017 in China and a spatial econometric model, using the DEA-Malmquist index to estimate the efficiency of finance serve the real economy, the regional differential impact and spatial effect of house price fluctuation on the efficiency of finance serve the real economy was analyzed. The results show that there is a significant positive spatial correlation between the efficiency of finance serve the real economy in China, and the spatial cluster effect is significant. The fluctuation of house price has significant negative effects on the economic efficiency of financial service entities, and the same between in adjacent provinces. The regional studies show that house price fluctuation has a significant negative impact on the economic efficiency of financial services entities in the central and eastern regions. Therefore, more attention should be paid on stabilizing housing prices continually, reducing the tax dependence degree of real estate industry gradually, and enhancing the financial support for the R&D in real economy, so to improve the financial service efficiency in real economy
DU Shuyun,TIAN Shen. The Impact of House Price Fluctuation on the Economic Efficiency of Finance Serve the Real Economy —A Spatial Analysis Based on Provincial Panel Data. Economic Survey, 2020, 37(3): 0142.
2020, Vol. 37 
