英文摘要 |
This study employs data from the Survey on Family Income and Expenditure (hereafter, SFIE), compiled by the Taiwan Government, to analyze the determinants of housing tenure choice. The data have been re-categorized based on the gender of the household head and regions in Taiwan. Owing to the non-availability of information on the actual residence location post-2006, a two-stage probit model has been applied to the 12,838 SFIE observations for 2006. The OLS regression on permanent income and family wealth for the first stage, and a probit model on the second stage have been adopted to estimate the marginal effects of two proxies of permanent income and family wealth and other demographic variables. The empirical results based on gender inequality suggest that a higher permanent income, employment status with the public sector, and the status of being married have positive effects on the probability of owning a house for both female- and male-headed households, while the wealth variable only contributes to the male-headed households. As for the choice of housing tenure among regions, the estimated results indicate that permanent income is the key determinant, while the status of being married, being the retired head of a household, and the degree of urbanization are also influential in most regions. However, family wealth merely contributes to Taipei City and Kaohsiung City, the two largest cities in Taiwan. It is suggested that the central and local governments should mitigate the gender inequality, regional differences, and thereby effectively enhance socio-economic well-being and social harmony. |