IDEAS home Printed from https://ideas.repec.org/a/taf/applec/v52y2020i20p2135-2146.html
   My bibliography  Save this article

The value of school in urban China: a spatial quantile regression with housing transactions in Beijing

Author

Listed:
  • Leiju Qiu
  • Dongmei Guo
  • Xuankai Zhao
  • Wenzhan Zhang

Abstract

This study adopts microdata of individual housing transactions in Beijing to explore the value that households place on high-quality schools. It is among the first to match exactly the housing unit with its corresponding school in studies on Chinese housing markets. We find a significant school premium of 21.1% in Beijing’s housing market after controlling the unobservable neighbourhood effects using regressions with a spatial lag. We have further discovered different school premiums across quantiles with a spatial quantile regression. The result finding a larger school premium in the lower-priced housing units suggests that low-income households prefer high-quality schools over housing consumption. Our results indicate that public education influences households’ residential location choice and housing consumption decisions, which thus have important policy implications in public goods provision, housing development and urban planning.

Suggested Citation

  • Leiju Qiu & Dongmei Guo & Xuankai Zhao & Wenzhan Zhang, 2020. "The value of school in urban China: a spatial quantile regression with housing transactions in Beijing," Applied Economics, Taylor & Francis Journals, vol. 52(20), pages 2135-2146, April.
    • Handle: RePEc:taf:applec:v:52:y:2020:i:20:p:2135-2146
    DOI: 10.1080/00036846.2019.1683146
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/00036846.2019.1683146
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/00036846.2019.1683146?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Mathur, Shishir, 2022. "Non-linear and weakly monotonic relationship between school quality and house prices," Land Use Policy, Elsevier, vol. 113(C).

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:applec:v:52:y:2020:i:20:p:2135-2146. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/RAEC20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.