Matches in SemOpenAlex for { <https://semopenalex.org/work/W4320232634> ?p ?o ?g. }
- W4320232634 endingPage "104197" @default.
- W4320232634 startingPage "104197" @default.
- W4320232634 abstract "China's housing purchase restriction (HPR) policy imposes administrative restrictions on households' home purchase eligibility to curb speculative demand. We quantify households' willingness to pay (WTP) to re-acquire such eligibility. The empirical results based on the staggered DID specification suggest that when local governments implement the HPR policy, the transaction prices of judicial housing auctions legally exempted from HPR increase by 18.91 %. This HPR-exempted qualification premium can be converted to an estimate of 22.48 % of the transaction price as buyers' WTP for home purchase eligibility. The heterogeneity analysis also suggests that the WTP significantly increases when speculative incentives are stronger in the housing market. If policymakers in mainland China consider replacing the HPR policy with an additional buyer transaction tax like that in Singapore and Hong Kong, China, the WTP estimates can serve as the benchmark in setting the tax rate." @default.
- W4320232634 created "2023-02-13" @default.
- W4320232634 creator A5001721971 @default.
- W4320232634 creator A5045892422 @default.
- W4320232634 creator A5084213008 @default.
- W4320232634 date "2023-04-01" @default.
- W4320232634 modified "2023-10-05" @default.
- W4320232634 title "Value of qualification to buy a house: Evidence from the housing purchase restriction policy in China" @default.
- W4320232634 cites W1559123625 @default.
- W4320232634 cites W1975338837 @default.
- W4320232634 cites W1977187880 @default.
- W4320232634 cites W1983291248 @default.
- W4320232634 cites W2021741372 @default.
- W4320232634 cites W2052115379 @default.
- W4320232634 cites W2095469876 @default.
- W4320232634 cites W2127648873 @default.
- W4320232634 cites W2162186405 @default.
- W4320232634 cites W2230658767 @default.
- W4320232634 cites W2246972408 @default.
- W4320232634 cites W2527570328 @default.
- W4320232634 cites W2561285590 @default.
- W4320232634 cites W2608350143 @default.
- W4320232634 cites W2726687882 @default.
- W4320232634 cites W2791859701 @default.
- W4320232634 cites W2809870806 @default.
- W4320232634 cites W2967972676 @default.
- W4320232634 cites W2972667760 @default.
- W4320232634 cites W3020698913 @default.
- W4320232634 cites W3121948532 @default.
- W4320232634 cites W3122384454 @default.
- W4320232634 cites W3123137915 @default.
- W4320232634 cites W3125602998 @default.
- W4320232634 cites W3125964397 @default.
- W4320232634 cites W3126044548 @default.
- W4320232634 cites W3160461483 @default.
- W4320232634 cites W3191319265 @default.
- W4320232634 cites W3202489369 @default.
- W4320232634 cites W4307047510 @default.
- W4320232634 doi "https://doi.org/10.1016/j.cities.2023.104197" @default.
- W4320232634 hasPublicationYear "2023" @default.
- W4320232634 type Work @default.
- W4320232634 citedByCount "0" @default.
- W4320232634 crossrefType "journal-article" @default.
- W4320232634 hasAuthorship W4320232634A5001721971 @default.
- W4320232634 hasAuthorship W4320232634A5045892422 @default.
- W4320232634 hasAuthorship W4320232634A5084213008 @default.
- W4320232634 hasConcept C100001284 @default.
- W4320232634 hasConcept C107029721 @default.
- W4320232634 hasConcept C119857082 @default.
- W4320232634 hasConcept C144133560 @default.
- W4320232634 hasConcept C162324750 @default.
- W4320232634 hasConcept C163239763 @default.
- W4320232634 hasConcept C175444787 @default.
- W4320232634 hasConcept C17744445 @default.
- W4320232634 hasConcept C191935318 @default.
- W4320232634 hasConcept C199360897 @default.
- W4320232634 hasConcept C199539241 @default.
- W4320232634 hasConcept C2776291640 @default.
- W4320232634 hasConcept C2776805697 @default.
- W4320232634 hasConcept C2777364431 @default.
- W4320232634 hasConcept C29122968 @default.
- W4320232634 hasConcept C41008148 @default.
- W4320232634 hasConcept C551662922 @default.
- W4320232634 hasConcept C75949130 @default.
- W4320232634 hasConceptScore W4320232634C100001284 @default.
- W4320232634 hasConceptScore W4320232634C107029721 @default.
- W4320232634 hasConceptScore W4320232634C119857082 @default.
- W4320232634 hasConceptScore W4320232634C144133560 @default.
- W4320232634 hasConceptScore W4320232634C162324750 @default.
- W4320232634 hasConceptScore W4320232634C163239763 @default.
- W4320232634 hasConceptScore W4320232634C175444787 @default.
- W4320232634 hasConceptScore W4320232634C17744445 @default.
- W4320232634 hasConceptScore W4320232634C191935318 @default.
- W4320232634 hasConceptScore W4320232634C199360897 @default.
- W4320232634 hasConceptScore W4320232634C199539241 @default.
- W4320232634 hasConceptScore W4320232634C2776291640 @default.
- W4320232634 hasConceptScore W4320232634C2776805697 @default.
- W4320232634 hasConceptScore W4320232634C2777364431 @default.
- W4320232634 hasConceptScore W4320232634C29122968 @default.
- W4320232634 hasConceptScore W4320232634C41008148 @default.
- W4320232634 hasConceptScore W4320232634C551662922 @default.
- W4320232634 hasConceptScore W4320232634C75949130 @default.
- W4320232634 hasFunder F4320321001 @default.
- W4320232634 hasLocation W43202326341 @default.
- W4320232634 hasOpenAccess W4320232634 @default.
- W4320232634 hasPrimaryLocation W43202326341 @default.
- W4320232634 hasRelatedWork W1483897658 @default.
- W4320232634 hasRelatedWork W1993718891 @default.
- W4320232634 hasRelatedWork W2150739269 @default.
- W4320232634 hasRelatedWork W2353026962 @default.
- W4320232634 hasRelatedWork W2367729993 @default.
- W4320232634 hasRelatedWork W2486234219 @default.
- W4320232634 hasRelatedWork W3121923490 @default.
- W4320232634 hasRelatedWork W4312834842 @default.
- W4320232634 hasRelatedWork W4312909720 @default.
- W4320232634 hasRelatedWork W4381793568 @default.
- W4320232634 hasVolume "135" @default.
- W4320232634 isParatext "false" @default.