Chinese housing price has rise continually in recent years, as well as town Gini Coefficient, whose variation is generally regarded as a symbol of towner wealth transfer-effect.

• 结果显示,两者具有高度线性正相关关系,不存在自相关性,是非平稳序列但存在协整关系,房价上涨是城镇居民财富转移效应的格兰杰原因。