Regional inequality in urban China, allowing for spatial cost of living differences: Evidence from a hedonic analysis of apartment prices
Abstract Studies of inequality in China typically ignore cost of living differences between areas. Under the Balassa–Samuelson effect, nontradeables cost more in richer areas, so nominal inequality exceeds real inequality. This especially matters in China, where spatial cost of living differences sh...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Wiley
2019-05-01
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| Series: | Asia & the Pacific Policy Studies |
| Subjects: | |
| Online Access: | https://doi.org/10.1002/app5.272 |