Urban agglomeration, housing price, and space–time spillover effect—Empirical evidences based on data from hundreds of cities in China

Feng Lan, Chengcai Jiao, Guoying Deng and Huili Da

Managerial and Decision Economics, 2021, vol. 42, issue 4, 898-919

Abstract: Taking 100 cities in China, this paper adopts gravity model, time–space model, and generalized impulse response function to probe into the spillover effect of housing price against the backdrop of spatial agglomeration. This study found that the degree of spillover effect between cities is correlated to economic foundations and grade of cities in general. When economic foundations and grade of a city are basically the same, the spillover effect presents a law of weakening with the increase of distance. In urban agglomerations with higher degree of networked structure, the features are the all‐around spillover effect of central city.

Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

Downloads: (external link)
https://doi.org/10.1002/mde.3281

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wly:mgtdec:v:42:y:2021:i:4:p:898-919

Access Statistics for this article

Managerial and Decision Economics is currently edited by Antony Dnes

More articles in Managerial and Decision Economics from John Wiley & Sons, Ltd.
Bibliographic data for series maintained by Wiley Content Delivery ().