DIVORCE AND HOUSING PRICE IN 31 PROVINCES OF CHINA

Mingbo Zheng; Yin E. Chen; Gen Fu Feng; Jun Wen; Chun Ping Chang

doi:10.21098/bemp.v21i1.942

DIVORCE AND HOUSING PRICE IN 31 PROVINCES OF CHINA

Mingbo Zheng
, Yin E. Chen
, Gen Fu Feng
, Jun Wen
, Chun Ping Chang

School of Economics and Finance (SOEF)

Research output: Contribution to journal › Article › peer-review

13 Scopus citations

Abstract

This paper investigates the long-run cointegration relationship between housing price and divorce in China using panel data for 31 provinces over the period 1997-2015. We find that housing price and divorce have the long-run cointegrated relationship in the full samples, in the short run, housing price has a positive effect on divorce in the whole country, particularly the Eastern region. For the long run, the reverse effect is discovered in the full sample and Eastern region. These results are robust once we use the residential housing price as an alternative variable. Our finding suggests that the government should take the short-run housing price regulation to slowdown the divorce rate.

Original language	English
Pages (from-to)	161-176
Number of pages	16
Journal	Buletin Ekonomi Moneter dan Perbankan/Monetary and banking economics bulletin
Volume	21
Issue number	2
DOIs	https://doi.org/10.21098/bemp.v21i1.942
State	Published - 31 Oct 2018

Keywords

Divorce
FMOLS
Housing price
Panel cointegration test

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10.21098/bemp.v21i1.942

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title = "DIVORCE AND HOUSING PRICE IN 31 PROVINCES OF CHINA",

abstract = "This paper investigates the long-run cointegration relationship between housing price and divorce in China using panel data for 31 provinces over the period 1997-2015. We find that housing price and divorce have the long-run cointegrated relationship in the full samples, in the short run, housing price has a positive effect on divorce in the whole country, particularly the Eastern region. For the long run, the reverse effect is discovered in the full sample and Eastern region. These results are robust once we use the residential housing price as an alternative variable. Our finding suggests that the government should take the short-run housing price regulation to slowdown the divorce rate.",

keywords = "Divorce, FMOLS, Housing price, Panel cointegration test",

author = "Mingbo Zheng and Chen, \{Yin E.\} and Feng, \{Gen Fu\} and Jun Wen and Chang, \{Chun Ping\}",

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T1 - DIVORCE AND HOUSING PRICE IN 31 PROVINCES OF CHINA

AU - Zheng, Mingbo

AU - Chen, Yin E.

AU - Feng, Gen Fu

AU - Wen, Jun

AU - Chang, Chun Ping

PY - 2018/10/31

Y1 - 2018/10/31

N2 - This paper investigates the long-run cointegration relationship between housing price and divorce in China using panel data for 31 provinces over the period 1997-2015. We find that housing price and divorce have the long-run cointegrated relationship in the full samples, in the short run, housing price has a positive effect on divorce in the whole country, particularly the Eastern region. For the long run, the reverse effect is discovered in the full sample and Eastern region. These results are robust once we use the residential housing price as an alternative variable. Our finding suggests that the government should take the short-run housing price regulation to slowdown the divorce rate.

AB - This paper investigates the long-run cointegration relationship between housing price and divorce in China using panel data for 31 provinces over the period 1997-2015. We find that housing price and divorce have the long-run cointegrated relationship in the full samples, in the short run, housing price has a positive effect on divorce in the whole country, particularly the Eastern region. For the long run, the reverse effect is discovered in the full sample and Eastern region. These results are robust once we use the residential housing price as an alternative variable. Our finding suggests that the government should take the short-run housing price regulation to slowdown the divorce rate.

KW - Divorce

KW - FMOLS

KW - Housing price

KW - Panel cointegration test

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JO - Buletin Ekonomi Moneter dan Perbankan/Monetary and banking economics bulletin

JF - Buletin Ekonomi Moneter dan Perbankan/Monetary and banking economics bulletin

IS - 2

ER -

DIVORCE AND HOUSING PRICE IN 31 PROVINCES OF CHINA

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