Backward-bending new housing supply curve: evidence from China

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dc.contributor.author Ge, Janet en_US
dc.contributor.author Siqi, Siqi en_US
dc.contributor.editor - en_US
dc.date.accessioned 2012-10-12T03:36:49Z
dc.date.available 2012-10-12T03:36:49Z
dc.date.issued 2012 en_US
dc.identifier 2011001914 en_US
dc.identifier.citation Ge Xin Janet and Yan Siqi 2012, 'Backward-bending new housing supply curve: evidence from China', , PRRES, Proceedings of 18th Annual Pacific-Rim Real Estate Society Conference, , pp. 1-8. en_US
dc.identifier.issn - en_US
dc.identifier.other E1 en_US
dc.identifier.uri http://hdl.handle.net/10453/19354
dc.description.abstract This paper tests the existence of a backward-bending housing supply relationship in China, and estimates price elasticity of new housing supply for 35 major Chinese cities. Based on the panel data model of 35 cities, it is found that the response of housing supply to price change is relatively insensitive in China, and the supply elasticity has decreased with the rise in housing price. As a result, the remarkable increase in housing prices in China can be at least partly attributed to the inelastic housing supply. The results from this paper may inform Chinese government to take effective measures to reduce the large amount of idle land so as to increase the supply for the housing market. en_US
dc.language English en_US
dc.publisher PRRES en_US
dc.relation.isbasedon http://www.prres.net/index.htm?http://www.prres.net/Conference/2012Conference.htm en_US
dc.title Backward-bending new housing supply curve: evidence from China en_US
dc.parent Proceedings of 18th Annual Pacific-Rim Real Estate Society Conference en_US
dc.journal.volume en_US
dc.journal.number en_US
dc.publocation Proceedings of 18th Annual Pacific-Rim Real Estate Society Conference en_US
dc.identifier.startpage 1 en_US
dc.identifier.endpage 8 en_US
dc.cauo.name DAB.School of Built Environment en_US
dc.conference Verified OK en_US
dc.for 120500 en_US
dc.personcode 100820 en_US
dc.personcode 11309325 en_US
dc.percentage 100 en_US
dc.classification.name Urban and Regional Planning en_US
dc.classification.type FOR-08 en_US
dc.edition en_US
dc.custom Annual Pacific-Rim Real Estate Society Conference en_US
dc.date.activity 20120115 en_US
dc.location.activity Adelaide, Australia en_US
dc.description.keywords China; backward-bending housing supply relationship; price elasticity of housing supply. en_US
dc.staffid en_US
dc.staffid 115228 en_US


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