Table 3 The impact of home purchase restrictions on house prices.

From: Marriage entry, divorce and reconciliation: The unintended consequence of the home purchase restriction policy in China

 

(1)

(2)

(3)

(4)

HPR

−0.058*** (0.016)

−0.079*** (0.019)

−0.091*** (0.029)

−0.070***(0.022)

City-fixed effect

Yes

Yes

Yes

Yes

Year-fixed effect

Yes

Yes

Yes

Yes

City linear trend

No

Yes

Yes

Yes

Observations

1,113

1,113

626

173

R-squared

0.960

0.973

0.967

N.A.

Number of cities

125

125

71

N.A.

  1. The dependent variable is lnH_Price. The standard errors are reported in parentheses and clustered at city levels. *, **, and *** refer to the statistically significant levels at 10%, 5% and 1%, respectively.
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