Empirical Testing of the Impact of Gender and Marital Status on the Price and Trend of Urban Real Estate – Evidence from Provincial Panel Data of China
- Min Tan
- Yajie Bai
AbstractThis paper investigates the impact of demographic structure, especially gender and marital status, on the price of regional real estate. This paper utilizes controlled-heteroskedasticity fixed-effect model for the empirical tests based on a panel data set of 30 Chinese provinces from 2011 to 2015. Empirical results show that the gender ratio in the provincial panel data does have a significant negative impact on the regional real estate prices, which implies that when the number of women in a region increases, the real estate price in this region tends to rise. The impact of marital status on the real estate price is not significant according to empirical results.
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