Document Type
Article
Abstract
This paper investigates the long-run cointegration relationship between housing priceand divorce in China using panel data for 31 provinces over the period 1997-2015.We find that housing price and divorce have the long-run cointegrated relationshipin the full samples, in the short run, housing price has a positive effect on divorce inthe whole country, particularly the Eastern region. For the long run, the reverse effectis discovered in the full sample and Eastern region. These results are robust once weuse the residential housing price as an alternative variable. Our finding suggests thatthe government should take the short-run housing price regulation to slowdown thedivorce rate.
Recommended Citation
Zheng, Mingbo; Chen, Yin E; Feng, Gen-Fu; Wen, Jun; and Chang, Chun-Ping
(2018)
"DIVORCE AND HOUSING PRICE IN 31 PROVINCES OF CHINA,"
Bulletin of Monetary Economics and Banking: Vol. 21:
No.
2, Article 7.
DOI: https://doi.org/10.21098/bemp.v21i1.942
Available at:
https://bulletin.bmeb-bi.org/bmeb/vol21/iss2/7
First Page
161
Last Page
176
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License
Country
China
Affiliation
Xi’an Jiaotong University