Income Elasticity of Housing Demand in China: micro-data evidence from Shanghai.

Since 1998, the Chinese housing market has played a fundamental role in driving macroeconomic stability and economic growth. This paper attempts to estimate the income elasticity of housing demand in Shanghai based on a household survey conducted by the National Bureau of Statistics of China in 2007...

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Bibliographic Details

Published in:	Journal of Contemporary China Vol. 23; no. 85; pp. 68 - 85
Main Authors:	Chen, Jie, Jin, Minzhou
Format:	Article
Published:	Taylor & Francis Ltd Jan2014
Subjects:	Shanghai (China) China Housing Economic demand Elasticity (Economics) Housing market Economic equilibrium Economic indicators Rural-urban differences Homeowners Income
Online Access:	View this record in EBSCOhost