THE INTER-RELATIONSHIPS AMONG MOBILITY, HOUSING PRICES AND INNOVATION: EVIDENCE FROM CHINA’S CITIES

IF 2 4区管理学 Q3 MANAGEMENT

International Journal of Strategic Property Management Pub Date : 2023-10-27 DOI:10.3846/ijspm.2023.20202

Juanfeng Zhang, Jiangxing Zhou, Liyang Qian, Danxia Zhang, Rui Han, Monalissa Tinotenda Takawadiyi, Lele Li

引用次数: 0

Abstract

The existing literature contends that high housing prices are a negative factor inhibiting population mobility and urban innovation. This paper explores the interaction effect among population mobility, housing prices and urban innovation. Based on panel data from the Yangtze River Delta region from 2010 to 2019, we establish a simultaneous equation model (SEMs) to test the relationship between population mobility, housing prices, and urban innovation vitality. The empirical results show that (1) population mobility and housing prices are positively correlated; (2) urban innovation vitality has a significant and positive effect on housing prices; (3) population mobility and urban innovation vitality are also positively correlated.

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流动性、房价和创新之间的相互关系:来自中国城市的证据

现有文献认为，高房价是抑制人口流动和城市创新的负向因素。本文探讨了人口流动、房价与城市创新之间的互动效应。基于2010 - 2019年长三角地区面板数据，建立联立方程模型(SEMs)检验人口流动、房价与城市创新活力之间的关系。实证结果表明:(1)人口流动与房价呈正相关;(2)城市创新活力对房价有显著的正向影响;(3)人口流动性与城市创新活力呈正相关。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

International Journal of Strategic Property Management MANAGEMENT-

CiteScore

4.00

自引率

18.50%

发文量

审稿时长

15 weeks

期刊介绍： International Journal of Strategic Property Management is a peer-reviewed, interdisciplinary journal which publishes original research papers. The journal provides a forum for discussion and debate relating to all areas of strategic property management. Topics include, but are not limited to, the following: asset management, facilities management, property policy, budgeting and financial controls, enhancing residential property value, marketing and leasing, risk management, real estate valuation and investment, innovations in residential management, housing finance, sustainability and housing development, applications, etc.