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The effect of public goods on housing prices and interregional variability

Feng, Yunhui LU and Chen, Huiting LU (2020) NEKN02 20201
Department of Economics
Abstract
This article takes Shanghai as an example and attempts to empirically investigate the effect of local public goods supply on housing prices and regional differences based on the Tiebout model. The paper uses the panel data of Shanghai's 16 administrative regions from 2010 to 2017. The results confirm that local public goods have a significant positive impact on the overall housing prices in Shanghai, and regional differences also exist. Finally, we put forward some measures and suggestions on how to alleviate the polarization of housing prices by rebalancing the allocation of public resources in Shanghai.
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author
Feng, Yunhui LU and Chen, Huiting LU
supervisor
organization
course
NEKN02 20201
year
type
H1 - Master's Degree (One Year)
subject
keywords
Housing price, Public goods, Interregional variability, Tiebout model
language
English
id
9016931
date added to LUP
2020-08-29 11:16:33
date last changed
2020-08-29 11:16:33
@misc{9016931,
  abstract     = {{This article takes Shanghai as an example and attempts to empirically investigate the effect of local public goods supply on housing prices and regional differences based on the Tiebout model. The paper uses the panel data of Shanghai's 16 administrative regions from 2010 to 2017. The results confirm that local public goods have a significant positive impact on the overall housing prices in Shanghai, and regional differences also exist. Finally, we put forward some measures and suggestions on how to alleviate the polarization of housing prices by rebalancing the allocation of public resources in Shanghai.}},
  author       = {{Feng, Yunhui and Chen, Huiting}},
  language     = {{eng}},
  note         = {{Student Paper}},
  title        = {{The effect of public goods on housing prices and interregional variability}},
  year         = {{2020}},
}