Tourism development and housing price
An interplay
Bibliographic Data
| ID | 21689714 |
|---|---|
| Authors | Jun Zhang (0000-0003-1706-1611, Zhejiang Gongshang University, corresponding author) |
| Year | 2024 |
| Volume | 30 |
| Issue | 5 |
| Pages | 1095-1114 |
| Publication date | 2024-08-01 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Tourism Economics (JOURNAL) |
| Journal identifiers | ISSN: 1354-8166 • E-ISSN: 2044-0375 |
| Publisher | SAGE Publications (PUBLISHER • US) |
| DOI | 10.1177/13548166231184792 |
| OpenAlex | W4381489584 |
| Language | EN |
| Citations received | 10 |
| References cited | 32 |
This study underscores the significance of the nexus between tourism and housing price. Using panel data from 35 major cities in China, it employed the panel smooth transition regression approach to explore the interplay between tourism development and housing prices. Our findings showed a nonlinear tourism–housing price nexus. Specifically, tourism development can raise housing prices in a nonlinear way, indicating that this positive impact varies at different levels of tourism specialisation. Housing prices had an inverted U-shaped effect on tourism development. Several explanations for these empirical results are provided in the Discussion section, along with policy suggestions
China · Econometrics · Economic geography · Economics · Geography · Panel data · Tourism · Diverse Aspects of Tourism Research · Economic and Environmental Valuation · Housing Market and Economics
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| Citations per year | 5 |
|---|---|
| Citation span | 2024 - 2026 (3) |
| Highly cited | No |