000 01593nam a2200169 4500
999 _c510273
_d510273
008 190809b ||||| |||| 00| 0 eng d
100 _aLi, Huiping et al
_97995
245 _aLocal public expenditure, public service accessibility, and housing price in Shanghai, China
260 _c2019
300 _ap.148-184.
520 _aThe level of public service accessibility differs by residential locations. Existing literature has documented the effects of public service accessibility on housing prices. However, few studies have examined how public service provision affects housing prices under the Chinese centralized governance system. Using data from different geographic scales, this study uses a multilevel research design to examine how public service provision is associated with housing prices in Shanghai. Results show that though the total expenditure at the urban district level is not related to housing prices, government redistributive expenditure is positively associated with housing price and the developmental expenditure is on the opposite. The expenditure effects are further mediated by the accessibility to public facilities at the community level. The findings suggest that, as public service accessibility has been capitalized into housing prices, the decentralized fiscal system with relatively centralized governance structure may have reinforced urban polarization in Shanghai. - Reproduced.
650 _aHousing - China
_97996
650 _aPublic service
_97997
773 _aUrban Affairs Review
906 _aPublic expenditure - China
942 _2ddc
_cAR