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dc.contributor.advisorGardner, H. Stephen.
dc.contributor.authorLin, Fangshi, 1988-
dc.date.accessioned2013-05-15T18:38:53Z
dc.date.available2013-05-15T18:38:53Z
dc.date.copyright2012-12
dc.date.issued2013-05-15
dc.identifier.urihttp://hdl.handle.net/2104/8581
dc.description.abstractHousing prices in major Chinese cities have been soaring since 2003. Some economists believe that this represents a dangerous speculative bubble while others argue that Chinese housing price inflation is a normal consequence of supply and demand adjustments in a rapidly-developing economy. This study attempts to explain the movement of housing prices in 35 large and medium-sized Chinese cities between 2002 and 2010. Here, we review many of the causal relationships that have been explored in previous research, but we uncover some interesting evidence on the financial side of the Chinese housing market that has received little attention in previous studies. We find, for example, a reciprocal relationship between local housing prices and the revenues of local governments. A strong housing market provides rising revenues for a local government, and rising revenues, along with personal saving, seem to feed back into the financial base of the local housing market.en_US
dc.language.isoen_USen_US
dc.publisheren
dc.rightsBaylor University theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. Contact librarywebmaster@baylor.edu for inquiries about permission.en_US
dc.subjectReal estate.en_US
dc.subjectChinese housing market.en_US
dc.subjectHousing price.en_US
dc.subjectUrbanization level.en_US
dc.subjectMigration.en_US
dc.subjectGovernment revenue.en_US
dc.subjectLand market.en_US
dc.titleThe determinants of Chinese housing price inflation.en_US
dc.typeThesisen_US
dc.description.degreeM.S.Eco.en_US
dc.rights.accessrightsWorldwide access.en_US
dc.rights.accessrightsAccess changed 5/21/14.
dc.contributor.departmentEconomics.en_US
dc.contributor.schoolsBaylor University. Dept. of Economics.en_US


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