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作者

Ting Zeng;Mengkai Yang;Yunong Li;Xing Yao

来源

CITIES,Vol.104,Issue1,Article 102765

语言

英文

关键字

Export expansion;Homeownership;Housing demand;F14;N35;O18;R21

作者单位

Research Institute of Economics and Management, Southwestern University of Finance and Economics, 55 Guanghuacun Street, Qingyang District, Chengdu, Sichuan 610074, China;School of International Business, Southwestern University of Finance and Economics, 555 Liutai Avenue, Wenjiang 611130, China;School of International Business & Sichuan Institute for Free Trade Zone Research, Southwestern University of Finance and Economics, 555 Liutai Avenue, Wenjiang 611130, China;Research Institute of Economics and Management, Southwestern University of Finance and Economics, 55 Guanghuacun Street, Qingyang District, Chengdu, Sichuan 610074, China;School of International Business, Southwestern University of Finance and Economics, 555 Liutai Avenue, Wenjiang 611130, China;School of International Business & Sichuan Institute for Free Trade Zone Research, Southwestern University of Finance and Economics, 555 Liutai Avenue, Wenjiang 611130, China

摘要

Despite the fairly recent start of housing reform since the late 1990s, China has transformed rapidly from a country dominated by public rents to a country with one of the highest homeownership rates. As China has experienced tremendous international trade growth during this period, this paper investigates whether and how export expansion may affect homeownership at the county level, combining China Household Finance Survey (CHFS) with an instrument of regional export. It is found that export expansion has a negative impact on homeownership and a positive effect on housing space per resident. In addition, these impacts are more significant among households with lower income, younger ages, employed status, and local hukou. Empirical evidence also implies that income inequality, the influx of migrants, and housing affordability are the main channels through which export expansion may affect homeownership.