Housing prices and urban land use efficiency

Shuangjin Wang, Richard Cebula (), Xiaowei Liu and Maggie Foley

Applied Economics Letters, 2021, vol. 28, issue 13, 1121-1124

Abstract: This study explores the impact of housing prices on urban land use efficiency based on data collected from 30 municipalities and provincial capitals in China over the 2007–2017 period. The empirical results show that there is a significantly negative association between the average housing price and urban land use efficiency. Furthermore, we find the weakest association when average housing prices lie in the range of 6,100 Yuan/m2 and 14,600 Yuan/m2. When housing prices fall outside this range, the impact of higher housing prices on land efficiency tends to be positive. One potential explanation for this phenomenon is that local governments are shortsighted in their focus on short run revenue generated from land expansion rather than on improving sustainable land management. Moreover, more limited housing price inflation promotes urban land use efficiency.

Date: 2021
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://hdl.handle.net/10.1080/13504851.2020.1803476 (text/html)
Access to full text is restricted to subscribers.

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:taf:apeclt:v:28:y:2021:i:13:p:1121-1124

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/RAEL20

DOI: 10.1080/13504851.2020.1803476

Access Statistics for this article

Applied Economics Letters is currently edited by Anita Phillips

More articles in Applied Economics Letters from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().