Proceedings of the 2016 7th International Conference on Education, Management, Computer and Medicine (EMCM 2016)

Measuring the Spatial and Temporal Diffusion of Urban House Prices---Taking the Case of 18 Cities in East China

Authors
He Wang, Chenyi Ma
Corresponding Author
He Wang
Available Online February 2017.
DOI
https://doi.org/10.2991/emcm-16.2017.206How to use a DOI?
Keywords
House price; Spatial and temporal diffusion; Spatial VECM
Abstract
Based on spatial vector auto-regression model, this paper analyses the spatial and temporal diffusion of urban house prices in East China and examines the impact of price fluctuation of Shanghai and Hangzhou. The results shows that assuming Shanghai as the price diffusion center city, more than half cities are affected significantly by the neighbor lag. Current price changes in Shanghai and Hangzhou have the biggest influence scope to other cities, while the house price in Hangzhou is the most difficult to be affected in the long-run. Compared with Shanghai, Hangzhou has greater and longer impact on other cities. It is concluded that the spatial and temporal diffusion exists in East China. Transportation accessibility, economic ties, information dissemination could explain house price diffusion in East China.
Open Access
This is an open access article distributed under the CC BY-NC license.

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Proceedings
2016 7th International Conference on Education, Management, Computer and Medicine (EMCM 2016)
Part of series
Advances in Computer Science Research
Publication Date
February 2017
ISBN
978-94-6252-297-8
ISSN
2352-538X
DOI
https://doi.org/10.2991/emcm-16.2017.206How to use a DOI?
Open Access
This is an open access article distributed under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - He Wang
AU  - Chenyi Ma
PY  - 2017/02
DA  - 2017/02
TI  - Measuring the Spatial and Temporal Diffusion of Urban House Prices---Taking the Case of 18 Cities in East China
BT  - 2016 7th International Conference on Education, Management, Computer and Medicine (EMCM 2016)
PB  - Atlantis Press
SN  - 2352-538X
UR  - https://doi.org/10.2991/emcm-16.2017.206
DO  - https://doi.org/10.2991/emcm-16.2017.206
ID  - Wang2017/02
ER  -