HOW DOES THE G20 SUMMIT AFFECT LAND MARKET? EVIDENCE FROM CHINA

نویسندگان

چکیده

We employ the difference-in-difference and synthetic control methods to investigate capitalization effect of hosting G20 Summit on land market, based China’s transaction dataset from 2011 2019. find that has a significant positive prices in host city, increasing by over 22.6% compared comparable cities. The impact is larger post-G20 period than preparation period. Further, heterogeneous distributional effects prices. venue construction transportation infrastructure upgrading are main channels.

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ژورنال

عنوان ژورنال: International Journal of Strategic Property Management

سال: 2021

ISSN: ['1648-715X', '1648-9179']

DOI: https://doi.org/10.3846/ijspm.2021.15470