Economics at your fingertips  

Public housing provision and housing vacancies in Japan

Hangtian Xu and Yiming Zhou

Journal of the Japanese and International Economies, 2019, vol. 53, issue C, -

Abstract: Using detailed housing data for Japanese cities, we investigate the relationship between the intensity of public housing provision and the housing vacancy rate. Our empirical evidence suggests that they are positively correlated. This pattern is magnified across Japan's major cities, for which public housing construction is given higher priority. A preliminary mechanism analysis implies that this is partly caused by the rigidity of Japan's housing market, which makes the private-sector housing supply less responsive to demand changes.

Keywords: Public housing; Housing vacancy rate; Housing policy; Japan (search for similar items in EconPapers)
JEL-codes: H23 I38 R31 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3) Track citations by RSS feed

Downloads: (external link)
Full text for ScienceDirect subscribers only

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:

DOI: 10.1016/j.jjie.2019.101038

Access Statistics for this article

Journal of the Japanese and International Economies is currently edited by Takeo Hoshi

More articles in Journal of the Japanese and International Economies from Elsevier
Bibliographic data for series maintained by Catherine Liu ().

Page updated 2021-06-30
Handle: RePEc:eee:jjieco:v:53:y:2019:i:c:9