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【11月30日】【球探篮球比分,竞彩足球比分经济学院“龙马经济学双周学术论坛”】2018年秋季学期第六讲:International Travel Costs and Local Housing Markets

发布日期:2018-11-29

讲座主题:International Travel Costs and Local Housing Markets

主讲嘉宾:傅十和(厦门大学王亚南经济研究院、经济学院,教授)

讲座时间:2018年11月30日(周五),下午3:30-5:00

讲座地点:沙河校区主教303

嘉宾简介:傅十和,美国波士顿学院经济学博士,现任厦门大学王亚南经济研究院、经济学院教授,教育部新世纪优秀人才支持计划(2007年)入选者,厦门大学南强青年拔尖人才支持计划(2017)入选者。傅十和教授的研究方向包括城市、区域与房地产经济学,劳动经济学和环境经济学,在《经济研究》、《Review of Economics and Statistics》、《Journal of Public Economics》、《Journal of Labor Economics》、《Journal of Environmental Economics and Management》等国内外重要学术期刊上发表多篇论文,并承担国家自然科学基金项目等重要课题。

内容摘要:This paper identifies the effect of international travel costs on local housing markets. The international travel cost is measured by whether an American city has launched a nonstop flight to a Chinese city. Using difference-in-differences models, we find that after an American airport connected with China via a nonstop flight, the monthly number of Chinese homebuyers in a county nearby the airport increased by about one; local housing prices at the county level on average increased by $5900 (4%). We also find a significant decrease in the number of local non-Chinese homebuyers, suggesting a displacement effect in the local housing markets by out-of-town homebuyers. Our findings imply that the spatial equilibrium model based on inter-city migration within a country can be largely generalized to international migration. Our study also contributes to the literature on the economics of air travel and out-of-town homebuyers.

本讲座获得2018年球探篮球比分,竞彩足球比分专题学术讲座项目资助。

[编辑]:张萌

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