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Empirical Testing of the Impact of Gender and Marital Status on the Price and Trend of Urban Real Estate ¨C Evidence from Provincial Panel Data of China

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  • Min Tan
  • Yajie Bai

Abstract

This paper investigates the impact of demographic structure, especially gender and marital status, on the price of regional real estate. This paper utilizes controlled-heteroskedasticity fixed-effect model for the empirical tests based on a panel data set of 30 Chinese provinces from 2011 to 2015. Empirical results show that the gender ratio in the provincial panel data does have a significant negative impact on the regional real estate prices, which implies that when the number of women in a region increases, the real estate price in this region tends to rise. The impact of marital status on the real estate price is not significant according to empirical results.

Suggested Citation

  • Min Tan & Yajie Bai, 2018. "Empirical Testing of the Impact of Gender and Marital Status on the Price and Trend of Urban Real Estate ¨C Evidence from Provincial Panel Data of China," International Journal of Economics and Finance, Canadian Center of Science and Education, vol. 10(7), pages 1-38, July.
  • Handle: RePEc:ibn:ijefaa:v:10:y:2018:i:7:p:38
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    References listed on IDEAS

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    1. John M. Quigley, 1999. "Real Estate Prices and Economic Cycles," International Real Estate Review, Global Social Science Institute, vol. 2(1), pages 1-20.
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    More about this item

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

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