Identifying Spatial Heterogeneity in the Effects of High-Tech Firm Density on Housing Prices: Evidence from Guangdong-Hong Kong-Macao Greater Bay Area, China

Wang, Yan; Wu, Kegong; Zhang, Hongou; Liu, Yi; Yue, Xiaoli

doi:10.1007/s11769-023-1341-5

Cited by 3 publications

(1 citation statement)

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“…innovation has a capitalization effect, and can increase the value of urban space. On the one hand, innovation can promote industrial restructuring and improve the quality of space and built environment, thereby having a positive impact on housing prices (Wu et al, 2021;Wang et al, 2023b). On the other hand, innovation can attract talents agglomeration to increase the demand for housing market, which can lead to higher housing prices (Yao et al, 2020).…”

Section: Analysis Of the Empirical Resultsmentioning

confidence: 99%

The Inter-Relationships Among Mobility, Housing Prices and Innovation: Evidence From China’s Cities

Zhang,

Zhou,

Qian

et al. 2023

International Journal of Strategic Property Management

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The existing literature contends that high housing prices are a negative factor inhibiting population mobility and urban innovation. This paper explores the interaction effect among population mobility, housing prices and urban innovation. Based on panel data from the Yangtze River Delta region from 2010 to 2019, we establish a simultaneous equation model (SEMs) to test the relationship between population mobility, housing prices, and urban innovation vitality. The empirical results show that (1) population mobility and housing prices are positively correlated; (2) urban innovation vitality has a significant and positive effect on housing prices; (3) population mobility and urban innovation vitality are also positively correlated.

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Section: Analysis Of the Empirical Resultsmentioning

confidence: 99%