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作者

来源

来源 JOURNAL OF URBAN ECONOMICS,Vol.57,P.505-513

语言

英文

关键字

作者单位

F-602, Haas School of Business, UC Berkeley, CA, USA"}]},{"#name":"affiliation","$":{"id":"aff002;Department of Economics, Chinese University of Hong Kong, Hong Kong"}]},{"#name":"correspondence","$":{"id":"cor001;F-602, Haas School of Business, UC Berkeley, CA, USA"}]},"aff002":{"#name":"affiliation","$":{"id":"aff002;Department of Economics, Chinese University of Hong Kong, Hong Kong"}]}},"correspondences":{"cor001":{"#name":"correspondence","$":{"id":"cor001

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.