contributor author | Liu Tie-Ying;Su Chi-Wei;Chang Hsu-Ling;Chu Chien-Chi | |
date accessioned | 2019-02-26T07:51:13Z | |
date available | 2019-02-26T07:51:13Z | |
date issued | 2018 | |
identifier other | %28ASCE%29UP.1943-5444.0000451.pdf | |
identifier uri | http://yetl.yabesh.ir/yetl1/handle/yetl/4249842 | |
description abstract | This paper uses the sequential panel selection method (SPSM) to examine the structure convergence of regional housing prices in China. The stationary processes are distinctly detected and robust evidence is assured to indicate that it holds true for six-sevenths of the cities in China. The results mean that those cities are in accordance with the law of one price theory and the ripple effect. The results consider that the convergence order of housing prices from first-tier cities to the target city (Shanghai, China) is lower than second-tier and third-tier cities, in total. A housing space transmission mechanism exists from Eastern to Central China and then to Western China, in total, by the transmission order; this means that a city’s housing prices in those regions converge in space, which makes the geographically surrounding cities’ housing prices converge. | |
publisher | American Society of Civil Engineers | |
title | Convergence of Regional Housing Prices in China | |
type | Journal Paper | |
journal volume | 144 | |
journal issue | 2 | |
journal title | Journal of Urban Planning and Development | |
identifier doi | 10.1061/(ASCE)UP.1943-5444.0000451 | |
page | 4018015 | |
tree | Journal of Urban Planning and Development:;2018:;Volume ( 144 ):;issue: 002 | |
contenttype | Fulltext | |