Human capital, housing prices, and regional economic development: Will "vying for talent" through policy succeed?
文献类型:期刊论文
作者 | Yang, Zhenshan1; Pan, Yinghao2 |
刊名 | CITIES
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出版日期 | 2020-03-01 |
卷号 | 98页码:13 |
关键词 | Human capital Regional economy Housing prices Panel VAR Talent battle China |
ISSN号 | 0264-2751 |
DOI | 10.1016/j.cities.2019.102577 |
通讯作者 | Yang, Zhenshan(yangzs@igsnrr.ac.cn) |
英文摘要 | This study examines the dynamic agglomeration economies through matching channel between human capital agglomeration, regional economic development, and housing prices. Using data from 31 Chinese provinces from 1999 to 2015, it employs a panel vector auto regression model to study the interactive relationships among these factors. Overall, the results show that human capital agglomeration has a positive long-term influence on housing prices and economic development, and has become a determinant of regional economic growth. Housing prices have a negative long-term influence on economic development. However, human capital accumulation responds positively to housing price in regions other than municipalities. These findings suggest that vie for talent through housing policy might not be effective in underdeveloped regions and could lead to mis-allocation of government fiscal resources. |
WOS关键词 | CHINA ; MIGRATION ; GROWTH ; AGGLOMERATION ; PRODUCTIVITY ; INVESTMENT |
资助项目 | Strategic Priority Research Program of the Chinese Academy of Sciences[XDA19040402] ; National Natural Sciences Foundation of China[41530751] ; Early Career Talent Program of Chinese Academy of Sciences 'Youth Innovation Promotion Association CAS'[2014042] ; Kezhen Talent Program of IGSNRR, CAS[2016RC101] |
WOS研究方向 | Urban Studies |
语种 | 英语 |
WOS记录号 | WOS:000514758100016 |
出版者 | ELSEVIER SCI LTD |
资助机构 | Strategic Priority Research Program of the Chinese Academy of Sciences ; National Natural Sciences Foundation of China ; Early Career Talent Program of Chinese Academy of Sciences 'Youth Innovation Promotion Association CAS' ; Kezhen Talent Program of IGSNRR, CAS |
源URL | [http://ir.igsnrr.ac.cn/handle/311030/132754] ![]() |
专题 | 中国科学院地理科学与资源研究所 |
通讯作者 | Yang, Zhenshan |
作者单位 | 1.Chinese Acad Sci, Inst Geog Sci & Nat Resources Res, Key Lab Reg Sustainable Dev & Modelling, Beijing 100101, Peoples R China 2.Natl Univ Singapore, Dept Real Estate, 4 Architecture Dr, Singapore 117566, Singapore |
推荐引用方式 GB/T 7714 | Yang, Zhenshan,Pan, Yinghao. Human capital, housing prices, and regional economic development: Will "vying for talent" through policy succeed?[J]. CITIES,2020,98:13. |
APA | Yang, Zhenshan,&Pan, Yinghao.(2020).Human capital, housing prices, and regional economic development: Will "vying for talent" through policy succeed?.CITIES,98,13. |
MLA | Yang, Zhenshan,et al."Human capital, housing prices, and regional economic development: Will "vying for talent" through policy succeed?".CITIES 98(2020):13. |
入库方式: OAI收割
来源:地理科学与资源研究所
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