A note on globalization and urban residential rents
Research output: Journal Publications and Reviews (RGC: 21, 22, 62) › 21_Publication in refereed journal › peer-review
Author(s)
Detail(s)
| Original language | English |
|---|---|
| Pages (from-to) | 505-513 |
| Journal / Publication | Journal of Urban Economics |
| Volume | 56 |
| Issue number | 3 |
| Publication status | Published - Nov 2004 |
| Externally published | Yes |
Link(s)
Abstract
We present evidence on the impact of international economic openness upon residential real estate, consistent with the well-known Balassa-Samuelson effect, which suggests that increasing openness raises relative prices of non-tradable goods and services. Using a data set for 46 cities in different countries, we find that urban rents are positively affected by the openness of the economy and by city size. © 2004 Elsevier Inc. All rights reserved.
Citation Format(s)
A note on globalization and urban residential rents. / Bardhan, Ashok Deo; Edelstein, Robert H.; Leung, Charles.
In: Journal of Urban Economics, Vol. 56, No. 3, 11.2004, p. 505-513.Research output: Journal Publications and Reviews (RGC: 21, 22, 62) › 21_Publication in refereed journal › peer-review
