Urban housing prices, female labor participation, and economic development in china: A theoretical and empirical analysis.

ABSTRACT: China's housing distribution system has undergone a major transformation, and the country's housing markets have experienced a rapid price increase. However, the extent to which urban housing prices influence female labor participation (FLP) in labor decision-making and how the FLP rate affects economic development has not been sufficiently investigated. Accordingly, we first build a theoretical neoclassical economic development model that includes housing consumption factors to estimate the effect of housing price dynamics on FLP. We then use the 2017 China Family Panel Studies (CFPS) database to empirically estimate the intrinsic relationship between urban housing prices, FLP, and economic development through the lens of the balanced growth path, and we come up with four main findings. F

SUBMITTER: Li Y 

PROVIDER: S-EPMC9847388 | biostudies-literature | 2022

REPOSITORIES: biostudies-literature