Table 5 Impact of Home Purchase Restrictions on Marriage Entry by City Tier.

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

 

(1)

(2)

(3)

(4)

(5)

(6)

(7)

Dependent variable

lnMarriage

lnM_first

lnM_20_24

lnM_25_29

lnM_30_34

lnM_35_39

lnM_over_40

HPR*Tier 1

0.018 (0.060)

−0.014 (0.062)

−0.103 (0.111)

−0.130** (0.058)

0.184*** (0.063)

0.145* (0.080)

−0.154 (0.120)

HPR*New Tier 1

−0.007 (0.053)

−0.008 (0.049)

−0.073 (0.064)

0.023 (0.066)

0.070 (0.079)

−0.076 (0.064)

−0.096 (0.087)

HPR*Other Tiers

−0.046 (0.039)

−0.053 (0.041)

−0.110** (0.052)

−0.026 (0.051)

−0.076 (0.059)

−0.075 (0.063)

−0.042 (0.082)

City-fixed effect

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Year-fixed effect

Yes

Yes

Yes

Yes

Yes

Yes

Yes

City linear trend

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Observations

708

708

708

708

708

708

708

R-squared

0.897

0.888

0.891

0.865

0.865

0.860

0.830

Number of cities

71

71

71

71

71

71

71

  1. 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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