房价与居民消费:基于中西部门槛效应模型的分析(英文版)
房价与居民消费:基于中西部门槛效应模型的分析(英文版).pdf |
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The relationship between housing prices (HP) and household non-housing consumption (CON) is a key topic worldwide. By developing a panel threshold model and utilizing data from 18 provinces in central and western China from 2005 to 2020, this study investigates the impact of housing prices on household non-housing consumption given housing credit constraints. The results show that (1) housing credit constraints play a single threshold role in the impact of housing prices on household non-hous
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