Backward-bending new housing supply curve: evidence from China

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dc.contributor.author Ge, J
dc.contributor.author Siqi, S
dc.contributor.editor -
dc.date.accessioned 2012-10-12T03:36:49Z
dc.date.issued 2012-01
dc.identifier.citation Proceedings of 18th Annual Pacific-Rim Real Estate Society Conference, 2012, pp. 1 - 8
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.
dc.format Ryan Stoker
dc.publisher PRRES
dc.title Backward-bending new housing supply curve: evidence from China
dc.type Conference Proceeding
dc.parent Proceedings of 18th Annual Pacific-Rim Real Estate Society Conference
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.conference Annual Pacific-Rim Real Estate Society Conference
dc.for 1205 Urban and Regional Planning
dc.personcode 100820
dc.personcode 115228
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.date.activity 2012-01-15
dc.location.activity Adelaide, Australia en_US
dc.description.keywords China; backward-bending housing supply relationship; price elasticity of housing supply. en_US
dc.description.keywords China
dc.description.keywords backward-bending housing supply relationship
dc.description.keywords price elasticity of housing supply.
pubs.embargo.period Not known
pubs.organisational-group /University of Technology Sydney
pubs.organisational-group /University of Technology Sydney/Faculty of Design, Architecture and Building
pubs.organisational-group /University of Technology Sydney/Faculty of Design, Architecture and Building/School of Built Environment
pubs.organisational-group /University of Technology Sydney/Students
utslib.copyright.status Open Access
utslib.copyright.date 2015-04-15 12:23:47.074767+10
utslib.collection.history General (ID: 2)


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