Discussion of Land and Housing Price Measurement in China
نویسنده
چکیده
This paper is a good example of how solid research can support the policy decision process. Based on housing and land transaction data, the authors use the hedonic approach to calculate constant quality housing price and land price indices in 35 Chinese cities. This new and unique dataset on residential land transactions at the city level is by itself an important contribution, and the statistical and economic findings provide valuable insights on the housing boom observed in China over the past decade.
منابع مشابه
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