Urban villages and housing values in China
The presence of urban villages is a unique product of China's urbanization. In this article, we explore the effects of urban villages on the formal housing market. For this purpose, we develop a hedonic housing price model to investigate whether the proximity to urban villages affects the selling price of urban housing units. Controlling for the structure and other characteristics of urban housing units, we find that housing prices are lower the closer the buildings are from urban villages. We then carry out a survey of households living nearby and explore how they are affected by urban villages. The results indicate that there are both positive and negative effects associated with these villages.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 42 (2012)
Issue (Month): 3 ()
|Contact details of provider:|| Web page: http://www.elsevier.com/locate/regec|
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Durlauf,S.N., 2003.
17, Wisconsin Madison - Social Systems.
- L. Zhang & Simon X. B. Zhao & J. P. Tian, 2003. "Self-help in housing and chengzhongcun in China's urbanization," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 27(4), pages 912-937, December.
- Harris Selod & Yves Zenou, 2004.
"City Structure, Job Search and Labor Discrimination. Theory and Policy Implications,"
2004-13, Centre de Recherche en Economie et Statistique.
- Harris Selod & Yves Zenou, 2006. "City Structure, Job Search and Labour Discrimination: Theory and Policy Implications," Economic Journal, Royal Economic Society, vol. 116(514), pages 1057-1087, October.
- Selod, Harris & Zenou, Yves, 2005. "City Structure, Job Search and Labour Discrimination. Theory and Policy Implications," CEPR Discussion Papers 5009, C.E.P.R. Discussion Papers.
- Selod, Harris & Zenou, Yves, 2004. "City Structure, Job Search, and Labor Discrimination. Theory and Policy Implications," Working Paper Series 620, Research Institute of Industrial Economics.
- Harris Selod & Yves Zenou, 2004. "City-structure, job search and labor discrimination : theory and policy implications," Research Unit Working Papers 0403, Laboratoire d'Economie Appliquee, INRA.
- Yaohui Zhao, 1999. "Leaving the Countryside: Rural-to-Urban Migration Decisions in China," American Economic Review, American Economic Association, vol. 89(2), pages 281-286, May.
- Song, Yan & Knaap, Gerrit-Jan, 2003. "New urbanism and housing values: a disaggregate assessment," Journal of Urban Economics, Elsevier, vol. 54(2), pages 218-238, September.
- Zhao, Yaohui, 1999. "Labor Migration and Earnings Differences: The Case of Rural China," Economic Development and Cultural Change, University of Chicago Press, vol. 47(4), pages 767-782, July.
- Courant, Paul N. & Yinger, John, 1977. "On models of racial prejudice and urban residential structure," Journal of Urban Economics, Elsevier, vol. 4(3), pages 272-291, July.
- Xuejin Zuo & Feng Wang, 1999. "Inside China's Cities: Institutional Barriers and Opportunities for Urban Migrants," American Economic Review, American Economic Association, vol. 89(2), pages 276-280, May.
- Yves Zenou, 2012.
"Housing policies in China: Issues and options,"
Regional Science Policy & Practice,
Wiley Blackwell, vol. 4(4), pages 393-417, November.
- Esteban Rossi-Hansberg & Pierre-Daniel Sarte & Raymond Owens, 2010.
Journal of Political Economy,
University of Chicago Press, vol. 118(3), pages 485-535, 06.
- Fujita,Masahisa, 1989.
"Urban Economic Theory,"
Cambridge University Press, number 9780521346627, October.
- Zenou,Yves, 2009.
"Urban Labor Economics,"
Cambridge University Press, number 9780521698221, October.
- Weiping Wu, 2004. "Sources of migrant housing disadvantage in urban China," Environment and Planning A, Pion Ltd, London, vol. 36(7), pages 1285-1304, July.
- Kelvin J. Lancaster, 1966. "A New Approach to Consumer Theory," Journal of Political Economy, University of Chicago Press, vol. 74, pages 132-132.
- Ya Ping Wang, 2000. "Social and Spatial Implications of Housing Reform in China," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 24(2), pages 397-417, 06.
- Aaronson, Daniel, 2001. "Neighborhood Dynamics," Journal of Urban Economics, Elsevier, vol. 49(1), pages 1-31, January.
- Kanemoto, Yoshitsugu, 1980. "Theories of urban externalities," MPRA Paper 24614, University Library of Munich, Germany.
- Bradbury, Katharine L & Downs, Anthony & Small, Kenneth A, 1980. "Some Dynamics of Central City-Suburban Interactions," American Economic Review, American Economic Association, vol. 70(2), pages 410-414, May.
- Linneman, Peter, 1980. "Some empirical results on the nature of the hedonic price function for the urban housing market," Journal of Urban Economics, Elsevier, vol. 8(1), pages 47-68, July.
- Rosen, Sherwin, 1974. "Hedonic Prices and Implicit Markets: Product Differentiation in Pure Competition," Journal of Political Economy, University of Chicago Press, vol. 82(1), pages 34-55, Jan.-Feb..
- Mingche M. Li & H. James Brown, 1980. "Micro-Neighborhood Externalities and Hedonic Housing Prices," Land Economics, University of Wisconsin Press, vol. 56(2), pages 125-141.
- Bond, Eric W. & Coulson, N. Edward, 1989. "Externalities, filtering, and neighborhood change," Journal of Urban Economics, Elsevier, vol. 26(2), pages 231-249, September.
- Strange, William, 1992. "Overlapping neighborhoods and housing externalities," Journal of Urban Economics, Elsevier, vol. 32(1), pages 17-39, July.
- Rose-Ackerman, Susan, 1975. "Racism and urban structure," Journal of Urban Economics, Elsevier, vol. 2(1), pages 85-103, January.
- Freeman, A Myrick, III, 1979. " Hedonic Prices, Property Values and Measuring Environmental Benefits: A Survey of the Issues," Scandinavian Journal of Economics, Wiley Blackwell, vol. 81(2), pages 154-173.
- Braid, Ralph M., 1986. "The comparative statics of a filtering model of housing with two income groups," Regional Science and Urban Economics, Elsevier, vol. 16(3), pages 437-448, August.
When requesting a correction, please mention this item's handle: RePEc:eee:regeco:v:42:y:2012:i:3:p:495-505. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Shamier, Wendy)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.