Publication in refereed journal
香港中文大学研究人员 ( 现职)
| 庄太量教授 (经济学系) |
| 黄凯儿小姐 (刘佐德全球经济及金融研究所) |
全文
| 数位物件识别号 (DOI) http://dx.doi.org/10.1016/j.chieco.2014.06.010 |
引用次数
Web of Sciencehttp://aims.cuhk.edu.hk/converis/portal/Publication/1WOS source URL
其它资讯
摘要Tse and Chan (2003) investigated the relationship between property sales price and the value of commuting time without accounting for the fact that property sales price is subject to the inherent limitation of containing speculative elements. A better measure to use for such a study would be the rent paid by the genuine end-user of the property. This paper examines how equilibrium rents in different locations within Greater China are determined by the time value, or the shadow wage, of an individual. Using the rental information, we provide the first estimated ratio of time values for individuals in Hong Kong, Shanghai and Taipei. Our results show that the shadow wage ratio of the households in Hong Kong, Shanghai and Taipei is about 2.25:http://aims.cuhk.edu.hk/converis/portal/Publication/1:http://aims.cuhk.edu.hk/converis/portal/Publication/1.6http://aims.cuhk.edu.hk/converis/portal/Publication/1. (C) 20http://aims.cuhk.edu.hk/converis/portal/Publication/14 Elsevier Inc. All rights reserved.
着者Chong TTL, Shui KCW, Wong VH
期刊名称China Economic Review
出版年份20http://aims.cuhk.edu.hk/converis/portal/Publication/14
月份9
日期http://aims.cuhk.edu.hk/converis/portal/Publication/1
卷号30
出版社Elsevier
页次http://aims.cuhk.edu.hk/converis/portal/Publication/180 - http://aims.cuhk.edu.hk/converis/portal/Publication/19http://aims.cuhk.edu.hk/converis/portal/Publication/1
国际标準期刊号http://aims.cuhk.edu.hk/converis/portal/Publication/1043-95http://aims.cuhk.edu.hk/converis/portal/Publication/1X
电子国际标準期刊号http://aims.cuhk.edu.hk/converis/portal/Publication/1873-778http://aims.cuhk.edu.hk/converis/portal/Publication/1
语言英式英语
关键词Central business district; Property rental price; Shadow wage
Web of Science 学科类别Business & Economics; Economics
