The convergence of regional house prices in China
نویسندگان
چکیده
منابع مشابه
Heterogeneous convergence of regional house prices and the complexity in China*1
The purpose of this research is to analyze the convergence of regional house prices and its complexity in China. In this purpose it used nonlinear time varying factor model. The obtained results have provided evidences for the existence of some degree of segmentation in China’s housing market. By further dynamic analysis of the convergence, we have found that important housing policies from Chi...
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A recent interest in Real Estate Market research is to investigate whether regional house prices converge in the long run. The argument is based on the idea that through migration and spatial arbitrage, shocks to the house price in one region could ̳ripple out‘ across the whole economy. If the hypothesis is accepted, relative price ratios across regions should show constancy. Although shortrun ...
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ژورنال
عنوان ژورنال: Applied Economics Letters
سال: 2013
ISSN: 1350-4851,1466-4291
DOI: 10.1080/13504851.2013.848021