Empirical Testing of Influencing Factors of China¡¯s Housing Prices - Evidence From Provincial Panel Data

Yajie Bai and Min Tan

Research in World Economy, 2018, vol. 9, issue 1, 9-14

Abstract: This paper empirically tests influencing factors of China¡¯s housing prices utilizing provincial panel data. Empirical results find that unemployment rate, aging rate, and elderly dependency ratio have a negative relation with average selling price. Completed real estate area, year-end population, population growth rate, GDP, and disposable income of urban residents are positively related with average selling price. This paper divides China into East, West, and Centre. Influencing factors of housing prices are tested in three regions, respectively. Among all influencing factors, completed real estate area, elderly dependency ratio, and year-end population have significant impact on housing prices in the East, while have little impact on housing prices in the Center and the West.

Keywords: housing prices; real estate market; panel data (search for similar items in EconPapers)
Date: 2018
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.sciedu.ca/journal/index.php/rwe/article/view/13227/8157 (application/pdf)
http://www.sciedu.ca/journal/index.php/rwe/article/view/13227 (text/html)

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:jfr:rwe111:v:9:y:2018:i:1:p:9-14

DOI: 10.5430/rwe.v9n1p9

Access Statistics for this article

Research in World Economy is currently edited by Gina Perry

More articles in Research in World Economy from Research in World Economy, Sciedu Press
Bibliographic data for series maintained by Gina Perry ().