A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
Has high housing prices affected urban green development?: Evidence from China
Abstract This paper empirically examines the specific impact effects and mediates transmission mechanisms of rising housing prices on urban green development using the data from 285 prefecture-level cities in China from 2010 to 2019. The results show that: 1. the rapid rise in housing prices significantly inhibits the improvement of urban green total factor productivity (GTFP) and is not conducive to promoting urban green development; 2. the effect of high housing prices on the GTFP of cities with different population size, geographical location, and resource mastery shows a significant heterogeneous effect; 3. The study of the transmission mechanism finds that soaring urban housing prices not only lead to investment distortions that weaken the overall research and innovation capacity, but also have a “solidifying lock-in” effect on the industrial structure of cities, which in turn creates obstacles to the enhancement of urban green efficiency.
Has high housing prices affected urban green development?: Evidence from China
Abstract This paper empirically examines the specific impact effects and mediates transmission mechanisms of rising housing prices on urban green development using the data from 285 prefecture-level cities in China from 2010 to 2019. The results show that: 1. the rapid rise in housing prices significantly inhibits the improvement of urban green total factor productivity (GTFP) and is not conducive to promoting urban green development; 2. the effect of high housing prices on the GTFP of cities with different population size, geographical location, and resource mastery shows a significant heterogeneous effect; 3. The study of the transmission mechanism finds that soaring urban housing prices not only lead to investment distortions that weaken the overall research and innovation capacity, but also have a “solidifying lock-in” effect on the industrial structure of cities, which in turn creates obstacles to the enhancement of urban green efficiency.
Has high housing prices affected urban green development?: Evidence from China
Chu, Min (author) / Pan, Liqun (author) / Guo, Man (author) / Xu, Lingyun (author) / Zong, Jiafeng (author)
2023
Article (Journal)
Electronic Resource
English
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