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https://doi.org/10.1016/j.jue.2006.05.003
DC Field | Value | |
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dc.title | Housing-choice hindrances and urban spatial structure: Evidence from matched location and location-preference data in Chinese cities | |
dc.contributor.author | Zheng, S.Q. | |
dc.contributor.author | Fu, Y.M. | |
dc.contributor.author | Liu, H.Y. | |
dc.date.accessioned | 2013-10-14T05:09:18Z | |
dc.date.available | 2013-10-14T05:09:18Z | |
dc.date.issued | 2006 | |
dc.identifier.citation | Zheng, S.Q., Fu, Y.M., Liu, H.Y. (2006). Housing-choice hindrances and urban spatial structure: Evidence from matched location and location-preference data in Chinese cities. Journal of Urban Economics 60 (3) : 535-557. ScholarBank@NUS Repository. https://doi.org/10.1016/j.jue.2006.05.003 | |
dc.identifier.issn | 00941190 | |
dc.identifier.uri | http://scholarbank.nus.edu.sg/handle/10635/46156 | |
dc.description.abstract | In a monocentric city with a well-functioning residential market, Pareto-efficient spatial equilibrium entails the sorting of residents according to their bid-rent gradient in descending order away from city center. Violation of this sorting condition creates opportunities for Pareto-improving trading of locations and can be sustained only if the market is hindered. We propose a simple ordered-location-choice model using matched location and location-preference data of individual households to examine violations of the Pareto-efficient spatial sorting condition. In so doing we are able to identify population groups facing housing-choice hindrances. We find in a sample of Chinese cities undergoing housing market liberalization that poor marketability of the previously state-provided homes, inadequate provision of housing finance, and spatial mismatch between job-market and housing-market opportunities contribute to a Pareto-inefficient spatial structure. © 2006 Elsevier Inc. All rights reserved. | |
dc.description.uri | http://libproxy1.nus.edu.sg/login?url=http://dx.doi.org/10.1016/j.jue.2006.05.003 | |
dc.source | Scopus | |
dc.subject | Bid-rent gradient | |
dc.subject | Housing markets | |
dc.subject | Location choice | |
dc.subject | Transition economies | |
dc.subject | Urban spatial structure | |
dc.type | Article | |
dc.contributor.department | REAL ESTATE | |
dc.description.doi | 10.1016/j.jue.2006.05.003 | |
dc.description.sourcetitle | Journal of Urban Economics | |
dc.description.volume | 60 | |
dc.description.issue | 3 | |
dc.description.page | 535-557 | |
dc.description.coden | JUECD | |
dc.identifier.isiut | 000241753700010 | |
Appears in Collections: | Staff Publications |
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