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• W3199134889 abstract "This paper is aimed at exploring whether high housing prices constitute a boon or a bane for entrepreneurship in Chinese cities. Drawing upon a panel dataset for Chinese cities at the prefectural level and above for the period 2003 to 2016, this paper identifies an inverted U-shape pattern of association between housing price and urban entrepreneurship. It also finds significant inter-city housing price spillovers in first-tier urban agglomerations in which a housing price surge in first-tier cities has an inverted U-shape relationship with entrepreneurship in surrounding cities. The empirical results of this study act as a reminder to Chinese policy makers to adopt a cautious and balanced attitude towards the development of the real estate market and have important policy implications for the planning and governance of mega urban agglomerations in China." @default.
• W3199134889 created "2021-09-27" @default.
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• W3199134889 date "2021-09-08" @default.
• W3199134889 modified "2023-10-01" @default.
• W3199134889 title "Housing market booms in Chinese cities: boon or bane for urban entrepreneurship?" @default.
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• W3199134889 doi "https://doi.org/10.1080/17516234.2021.1976984" @default.
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