Does Tourism Affect House Prices? Evidence from China

被引：19
|
作者：
Wu, Tsung-Pao [1 ]
机构：
[1] Beijing Inst Technol, Sch Accounting & Finance, 6 Jinfeng Rd, Zhuhai City 519088, Guangdong, Peoples R China
来源：
JOURNAL OF CHINA TOURISM RESEARCH | 2019年 / 15卷 / 04期
关键词：
Tourism activity; house price; panel Granger causality; cross-sectional dependence; slope homogeneity; China; PROPERTY-VALUES; ENVIRONMENTAL AMENITIES; RURAL TOURISM; OPEN SPACE; IMPACT; AGRICULTURE; GROWTH;
D O I：
10.1080/19388160.2019.1582449
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This work uses a multivariate panel Granger causality test to examine the causal relationship between tourism and house prices (HP) in China's 31 major regions for the period from 2000 to 2016, accounting for both dependency and heterogeneity across regions. The results of this study support evidence for the tourism-leading hypothesis in regions such as Anhui, Jilin, Beijing, Liaoning, Zhejiang, Chongqing and Yunnan, while the HP-leading hypothesis relationship supports evidence for a region such as Shanghai.
引用
收藏
页码：490 / 502
页数：13
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