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  1. K-2. 理工研究域-関連研究施設(研究拠点)
  2. 1. 研究所発行の出版物, 学術雑誌
  3. International Review for Spatial Planning and Sustainable Development(IRSPSD International)
  4. vol.06 issue 1

Willing to pay more for high-quality schools?: A hedonic pricing and propensity score matching approach

https://doi.org/10.24517/00053239
https://doi.org/10.24517/00053239
1c4d0441-c98f-4df3-8a08-43aaedfdc2ce
名前 / ファイル ライセンス アクション
IRSPSD-6.1_45.pdf IRSPSD-6.1_45.pdf (497.3 kB)
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Item type 学術雑誌論文 / Journal Article_04(1)
公開日 2019-02-22
タイトル
タイトル Willing to pay more for high-quality schools?: A hedonic pricing and propensity score matching approach
言語
言語 eng
資源タイプ
資源タイプ識別子 http://purl.org/coar/resource_type/c_6501
資源タイプ journal article
ID登録
ID登録 10.24517/00053239
ID登録タイプ JaLC
著者 Yang, Linchuan

× Yang, Linchuan

Yang, Linchuan

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Bo, Wang

× Bo, Wang

Bo, Wang

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Zhang, Yunyi

× Zhang, Yunyi

Zhang, Yunyi

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Ye, Ziwei

× Ye, Ziwei

Ye, Ziwei

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Wang, Yuzhuo

× Wang, Yuzhuo

Wang, Yuzhuo

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Li, Pengfei

× Li, Pengfei

Li, Pengfei

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書誌情報 International Review for Spatial Planning and Sustainable Development

巻 6, 号 1, p. 45-62, 発行日 2018-01-15
ISSN
収録物識別子タイプ ISSN
収録物識別子 2187-3666
DOI
関連タイプ isIdenticalTo
識別子タイプ DOI
関連識別子 10.14246/irspsd.6.1_45
出版者
出版者 SPSD Press
抄録
内容記述タイプ Abstract
内容記述 Principally, the enrolment of elementary school in China is solely based on residential location. Due to the scarcity of prestigious schools, the household registration (or hukou in Chinese) and the territorial-based school admission policy, a feasible approach for parents to provide the children with good education is to purchase the house in the attendance zone of a high-quality school (or xuequfang in Chinese). The supply-demand imbalance gives rise to the xuequfang phenomenon (much higher prices of xuequfang relative to non xuequfang). Based on 1250 housing samples in 286 multi- or high-storey residential districts, this paper firstly develops two basic and four Box-Cox transformed hedonic price models to estimate the effect of high-quality schools on residential property prices. The consistency of six models greatly enhances the credibility of this study. Moreover, complementary, the propensity score matching technique is used to estimate the treatment effect. The two methods consistently suggest that residential property values are affected by top-tier schools. They reveal that xuequfang exhibit values that are between 9.3% and 12.1% higher than non-xuequfang, ceteris paribus. The negative influences of the xuequfang phenomenon and several countermeasures (gradually reforming household registration system, optimizing resource distribution to balance the quality of education, highlighting family education and children’s all-round development) are discussed.
権利
権利情報 Copyright © SPSD Press
著者版フラグ
出版タイプ VoR
出版タイプResource http://purl.org/coar/version/c_970fb48d4fbd8a85
関連URI
識別子タイプ URI
関連識別子 https://www.jstage.jst.go.jp/browse/irspsd
関連名称 https://www.jstage.jst.go.jp/browse/irspsd
関連URI
識別子タイプ URI
関連識別子 https://www.jstage.jst.go.jp/browse/irspsd/-char/ja
関連名称 https://www.jstage.jst.go.jp/browse/irspsd/-char/ja
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