Are House Prices Affected by PM2.5 Pollution? Evidence from Beijing, China.

ABSTRACT: With the progress of high-quality development in China, residents have begun to focus on the air quality of their residential areas in an effort to reduce the health threats of air pollution. Gradually, the risk associated with air pollution has become an important factor affecting housing prices. To quantitatively analyze the impact of air pollution on house prices, panel data, including data for fine particulate matter (PM2.5) concentrations, house prices and other auxiliary variables from 2009 to 2018, were collected from 16 districts in Beijing, China. Based on this dataset, ordinary least squares (OLS), moderating effect and threshold effect models were constructed for empirical investigation. Within the studied decade, PM2.5 pollution shows a significant decreasing trend of −3.79 μg

SUBMITTER: Xue W 

PROVIDER: S-EPMC9317985 | biostudies-literature | 2022 Jul

REPOSITORIES: biostudies-literature