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Article: Housing Choice Behavior of Urban Workers in China's Transition to a Housing Market

TitleHousing Choice Behavior of Urban Workers in China's Transition to a Housing Market
Authors
KeywordsHousing Choice
Housing Reform
Economic Transition
China
Issue Date2000
PublisherAcademic Press. The Journal's web site is located at http://www.elsevier.com/locate/jue
Citation
Journal Of Urban Economics, 2000, v. 47 n. 1, p. 61-87 How to Cite?
AbstractRestoring demand for commodity housing is crucial for the success of housing reform in previously centrally planned economies; yet weaning workers away from publicly subsidized housing is a difficult task. Taking advantage of a unique survey, we show that the intention to buy commodity housing by Chinese urban workers is sensitive to various incentives, including housing mismatch, liquidity constraints, risk attitudes, access to publicly subsidized housing, and commodity housing prices. Our probit estimates indicate that the access to publicly subsidized housing is at least as important as the affordability of commodity housing in discouraging private home ownership. © 2000 Academic Press.
Persistent Identifierhttp://hdl.handle.net/10722/177923
ISSN
2015 Impact Factor: 2.121
2015 SCImago Journal Rankings: 2.434
ISI Accession Number ID
References

 

DC FieldValueLanguage
dc.contributor.authorFu, Yen_US
dc.contributor.authorTse, DKen_US
dc.contributor.authorZhou, Nen_US
dc.date.accessioned2012-12-19T09:40:50Z-
dc.date.available2012-12-19T09:40:50Z-
dc.date.issued2000en_US
dc.identifier.citationJournal Of Urban Economics, 2000, v. 47 n. 1, p. 61-87en_US
dc.identifier.issn0094-1190en_US
dc.identifier.urihttp://hdl.handle.net/10722/177923-
dc.description.abstractRestoring demand for commodity housing is crucial for the success of housing reform in previously centrally planned economies; yet weaning workers away from publicly subsidized housing is a difficult task. Taking advantage of a unique survey, we show that the intention to buy commodity housing by Chinese urban workers is sensitive to various incentives, including housing mismatch, liquidity constraints, risk attitudes, access to publicly subsidized housing, and commodity housing prices. Our probit estimates indicate that the access to publicly subsidized housing is at least as important as the affordability of commodity housing in discouraging private home ownership. © 2000 Academic Press.en_US
dc.languageengen_US
dc.publisherAcademic Press. The Journal's web site is located at http://www.elsevier.com/locate/jueen_US
dc.relation.ispartofJournal of Urban Economicsen_US
dc.subjectHousing Choiceen_US
dc.subjectHousing Reformen_US
dc.subjectEconomic Transitionen_US
dc.subjectChinaen_US
dc.titleHousing Choice Behavior of Urban Workers in China's Transition to a Housing Marketen_US
dc.typeArticleen_US
dc.identifier.emailTse, DK: davidtse@hku.hken_US
dc.identifier.authorityTse, DK=rp01100en_US
dc.description.naturelink_to_subscribed_fulltexten_US
dc.identifier.doi10.1006/juec.1999.2133en_US
dc.identifier.scopuseid_2-s2.0-0042493379en_US
dc.identifier.hkuros54960-
dc.relation.referenceshttp://www.scopus.com/mlt/select.url?eid=2-s2.0-0042493379&selection=ref&src=s&origin=recordpageen_US
dc.identifier.volume47en_US
dc.identifier.issue1en_US
dc.identifier.spage61en_US
dc.identifier.epage87en_US
dc.identifier.isiWOS:000084711200003-
dc.publisher.placeUnited Statesen_US
dc.identifier.scopusauthoridFu, Y=7404433374en_US
dc.identifier.scopusauthoridTse, DK=7101916504en_US
dc.identifier.scopusauthoridZhou, N=7103170571en_US

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