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What are the Effects of Demographic Structures on Housing Consumption?: Evidence from 31 Provinces in China
Joint Authors
Zhang, Yu
Jin, Haiyan
Xiao, Yue
Gao, Yumin
Source
Mathematical Problems in Engineering
Issue
Vol. 2020, Issue 2020 (31 Dec. 2020), pp.1-14, 14 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2020-03-16
Country of Publication
Egypt
No. of Pages
14
Main Subjects
Abstract EN
Housing is closely related to population.
The world’s demographics have been changing greatly, like ageing, urbanization, and shrinking household.
This paper takes China as the research object to study the effects of demographics on housing consumption.
Demographics were considered from three aspects: natural structure, regional structure, and social structure.
Based on Life Cycle Theory and Permanent Income Hypothesis, the models on housing consumption were constructed.
Results show that demographic structures are important factors affecting housing consumption: (i) child-age dependency ratio (CDR), education level, and family size negatively affect housing consumption, while urbanization rate and old-age dependency ratio (ODR) have positive effects; (ii) CDR positively affects housing consumption through deposit and the indirect effect of ODR on housing consumption through deposit is negative; (iii) the influence of demographics on housing consumption is heterogeneous in different regions.
It is relatively close between the central and the west to some extent but quite different in the east.
American Psychological Association (APA)
Zhang, Yu& Jin, Haiyan& Xiao, Yue& Gao, Yumin. 2020. What are the Effects of Demographic Structures on Housing Consumption?: Evidence from 31 Provinces in China. Mathematical Problems in Engineering،Vol. 2020, no. 2020, pp.1-14.
https://search.emarefa.net/detail/BIM-1197505
Modern Language Association (MLA)
Zhang, Yu…[et al.]. What are the Effects of Demographic Structures on Housing Consumption?: Evidence from 31 Provinces in China. Mathematical Problems in Engineering No. 2020 (2020), pp.1-14.
https://search.emarefa.net/detail/BIM-1197505
American Medical Association (AMA)
Zhang, Yu& Jin, Haiyan& Xiao, Yue& Gao, Yumin. What are the Effects of Demographic Structures on Housing Consumption?: Evidence from 31 Provinces in China. Mathematical Problems in Engineering. 2020. Vol. 2020, no. 2020, pp.1-14.
https://search.emarefa.net/detail/BIM-1197505
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-1197505