{"title":"长期房价指数及其影响因素:1570-1949年惠州的新数据","authors":"Siyu Pan","doi":"10.1111/ehr.70096","DOIUrl":null,"url":null,"abstract":"<p>Economic studies on historical housing markets have gained increased popularity in recent years, yet remain limited by data scarcity. In this paper, a novel housing transaction dataset with more than 1000 observations from the historic Huizhou prefecture in south China is collected. This study develops housing price indices spanning the late Ming, Qing, and Republic of China eras (1570–1949). Results from hedonic ordinary and quantile regressions reveal unique housing price determinants tied to the region's cultural background: property orientation, proximity to ancestral halls and Buddhist temples, and seller's gender. Sellers being in urgent financial situations is positively correlated with the sales price.</p>","PeriodicalId":47868,"journal":{"name":"Economic History Review","volume":"79 4","pages":"1608-1641"},"PeriodicalIF":1.6000,"publicationDate":"2026-10-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Long-run housing price indices and determinants: New data from Huizhou, China, 1570–1949\",\"authors\":\"Siyu Pan\",\"doi\":\"10.1111/ehr.70096\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<p>Economic studies on historical housing markets have gained increased popularity in recent years, yet remain limited by data scarcity. In this paper, a novel housing transaction dataset with more than 1000 observations from the historic Huizhou prefecture in south China is collected. This study develops housing price indices spanning the late Ming, Qing, and Republic of China eras (1570–1949). Results from hedonic ordinary and quantile regressions reveal unique housing price determinants tied to the region's cultural background: property orientation, proximity to ancestral halls and Buddhist temples, and seller's gender. Sellers being in urgent financial situations is positively correlated with the sales price.</p>\",\"PeriodicalId\":47868,\"journal\":{\"name\":\"Economic History Review\",\"volume\":\"79 4\",\"pages\":\"1608-1641\"},\"PeriodicalIF\":1.6000,\"publicationDate\":\"2026-10-16\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Economic History Review\",\"FirstCategoryId\":\"98\",\"ListUrlMain\":\"https://onlinelibrary.wiley.com/doi/10.1111/ehr.70096\",\"RegionNum\":1,\"RegionCategory\":\"历史学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"2026/2/9 0:00:00\",\"PubModel\":\"Epub\",\"JCR\":\"Q3\",\"JCRName\":\"ECONOMICS\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Economic History Review","FirstCategoryId":"98","ListUrlMain":"https://onlinelibrary.wiley.com/doi/10.1111/ehr.70096","RegionNum":1,"RegionCategory":"历史学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"2026/2/9 0:00:00","PubModel":"Epub","JCR":"Q3","JCRName":"ECONOMICS","Score":null,"Total":0}
Long-run housing price indices and determinants: New data from Huizhou, China, 1570–1949
Economic studies on historical housing markets have gained increased popularity in recent years, yet remain limited by data scarcity. In this paper, a novel housing transaction dataset with more than 1000 observations from the historic Huizhou prefecture in south China is collected. This study develops housing price indices spanning the late Ming, Qing, and Republic of China eras (1570–1949). Results from hedonic ordinary and quantile regressions reveal unique housing price determinants tied to the region's cultural background: property orientation, proximity to ancestral halls and Buddhist temples, and seller's gender. Sellers being in urgent financial situations is positively correlated with the sales price.
期刊介绍:
The Economic History Review is published quarterly and each volume contains over 800 pages. It is an invaluable source of information and is available free to members of the Economic History Society. Publishing reviews of books, periodicals and information technology, The Review will keep anyone interested in economic and social history abreast of current developments in the subject. It aims at broad coverage of themes of economic and social change, including the intellectual, political and cultural implications of these changes.