IDEAS home Printed from https://ideas.repec.org/h/spr/sprchp/978-981-15-3977-0_33.html
   My bibliography  Save this book chapter

Capitalization of Urban Public Service Based on Urban Administrative Hierarchy: Evidence of Housing Prices from 281 Cities of China

In: Proceedings of the 23rd International Symposium on Advancement of Construction Management and Real Estate

Author

Listed:
  • Junhua Chen

    (Central University of Finance and Economics)

  • Siyu Chen

    (Central University of Finance and Economics)

  • Dingwen Zheng

    (Central University of Finance and Economics)

  • Yanhui Hao

    (Central University of Finance and Economics)

Abstract

On the basis of Tiebout’s theory about optimal provision of public goods, the paper applies the hedonic approach to investigate the capitalization of public services in Chinese cities. We combine urban administrative hierarchy and the phenomenon of capitalization of public services, supplemented by empirical tests of 281 prefecture-level cities and higher. The sample cities were divided into municipalities, sub-provincial cities and general provincial cities. The three sets of data were tested empirically to examine the characteristics of capitalization effects of different grades of cities. The empirical results show that the phenomenon of capitalization of public services does exist, and it performs as follows. The capitalization effect of education and transportation can be proved positively. Furthermore, it is more effective in cities with higher administrative levels.

Suggested Citation

  • Junhua Chen & Siyu Chen & Dingwen Zheng & Yanhui Hao, 2021. "Capitalization of Urban Public Service Based on Urban Administrative Hierarchy: Evidence of Housing Prices from 281 Cities of China," Springer Books, in: Fenjie Long & Sheng Zheng & Yuzhe Wu & Gangying Yang & Yan Yang (ed.), Proceedings of the 23rd International Symposium on Advancement of Construction Management and Real Estate, pages 437-447, Springer.
    • Handle: RePEc:spr:sprchp:978-981-15-3977-0_33
    DOI: 10.1007/978-981-15-3977-0_33
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    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:spr:sprchp:978-981-15-3977-0_33. 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: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    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.