English

朱宏佳(合作者:Yu Qin,Rong Zhu),“changes in the distribution of land prices in urban China during 2007-2012,” Regional Science and Urban Economics (2016)

2017-11-21
摘要Changes in the distribution of land prices in urban China during 2007-2012

       近日,我院助理教授朱宏佳的合作论文“Changes in the distribution of land prices in urban China during 2007-2012”(合作者:Yu Qin,Rong Zhu)被国际期刊Regional Science and Urban Economics接受。

       摘要:

This paper examines the changes in the prices of land parcels in urban China between 2007 and 2012. The average land price in 2012 is found to be 57%, 24% and 41% higher than that in 2007 for residential, industrial and commercial land parcels, respectively. However, this price gap is not uniform throughout the price distribution of each type of land. Using decomposition methods, we disentangle the distributional land price differentials between 2007 and 2012 into a composition effect attributable to the varying land characteristics and a coefficient effect due to changes in the gradients on the underlying land price function. We show that the contributions of the composition effect and the coefficient effect to raw price gaps vary with the part of the price distribution and also differ by the type of land. (C) 2016 Elsevier B.V. All rights reserved.


返回