《Has high housing prices affected urban green development?: Evidence from China》

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作者
Chu, Min;Pan, Liqun;Guo, Man;Xu, Lingyun;Zong, Jiafeng
来源
JOURNAL OF HOUSING AND THE BUILT ENVIRONMENT,Vol.38,Issue3,P.
语言
英文
关键字
作者单位
摘要
This paper empirically examines the specific impact effects and mediates transmission mechanisms of rising housing prices on urban green development using the data from 285 prefecture-level cities in China from 2010 to 2019. The results show that: 1. the rapid rise in housing prices significantly inhibits the improvement of urban green total factor productivity (GTFP) and is not conducive to promoting urban green development; 2. the effect of high housing prices on the GTFP of cities with different population size, geographical location, and resource mastery shows a significant heterogeneous effect; 3. The study of the transmission mechanism finds that soaring urban housing prices not only lead to investment distortions that weaken the overall research and innovation capacity, but also have a “solidifying lock-in” effect on the industrial structure of cities, which in turn creates obstacles to the enhancement of urban green efficiency.