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Towards a System of Open Cities in China: Home Prices, FDI Flows and Air Quality in 35 Major Cities

  • Siqi Zheng
  • Matthew E. Kahn
  • Hongyu Liu

Over the last thirty years, China's major cities have experienced significant income and population growth. Much of this growth has been fueled by urban production spurred by world demand. Using a unique cross-city panel data set, we test several hypotheses concerning the relationship between home prices, wages, foreign direct investment and ambient air pollution across major Chinese cities. Home prices are lower in cities with higher ambient pollution levels. Cities featuring higher per-capita FDI flows have lower pollution levels.

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Paper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 14751.

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Date of creation: Feb 2009
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Publication status: published as Zheng, Siqi & Kahn, Matthew E. & Liu, Hongyu, 2010. "Towards a system of open cities in China: Home prices, FDI flows and air quality in 35 major cities," Regional Science and Urban Economics, Elsevier, vol. 40(1), pages 1-10, January.
Handle: RePEc:nbr:nberwo:14751
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