A note on globalization and urban residential rents

被引：20

作者：

Bardhan, AD

Edelstein, RH

Leung, C

机构：

[1] Univ Calif Berkeley, Haas Sch Business, Berkeley, CA 94720 USA

[2] Chinese Univ Hong Kong, Dept Econ, Hong Kong, Hong Kong, Peoples R China

来源：

JOURNAL OF URBAN ECONOMICS | 2004年 / 56卷 / 03期

关键词：

D O I：

10.1016/j.jue.2004.06.003

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We present evidence on the impact of international economic openness upon residential real estate, consistent with the well-known Balassa-Samuelson effect, which suggests that increasing openness raises relative prices of non-tradable goods and services. Using a data set for 46 cities in different countries, we find that urban rents are positively affected by the openness of the economy and by city size. (C) 2004 Elsevier Inc. All rights reserved.

引用

页码：505 / 513

页数：9

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