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Thomas Fischer . Foto

Thomas Fischer

Docent

Thomas Fischer . Foto

Spatial inequality and housing in China

Författare

  • Thomas Fischer

Summary, in English

This paper investigates the evolution of inequality in China (1978–2015) through the lens of a dynamic spatial general equilibrium model with migration and capital formation. Due to an urban-rural income gap there is domestic migration from the rural to the urban areas which tends to reduce inequality. The resulting increase in urban house prices can, however, constitute an endogenous barrier to further urbanization. Increasing housing prices increase within-urban inequality between renters and landlords and also lock in urban-rural income differences. The calibrated model explains current, and projects future, development in China.

Avdelning/ar

  • Nationalekonomiska institutionen

Publiceringsår

2023-03

Språk

Engelska

Publikation/Tidskrift/Serie

Journal of Urban Economics

Volym

134

Dokumenttyp

Artikel i tidskrift

Förlag

Elsevier

Ämne

  • Economics

Nyckelord

  • China
  • Housing
  • Inequality
  • Regional migration
  • Urban-rural divide

Status

Published

ISBN/ISSN/Övrigt

  • ISSN: 0094-1190