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Guoying Deng, Manuel A Hernandez and Yaoguo Wu |
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''Price discovery and dynamics across housing developers in China'' |
( 2016, Vol. 36 No.4 ) |
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This paper examines the short-term price dynamics in mean and volatility across state, private and overseas housing developers in China. We use a unique transaction dataset of new apartment units over the period 2005-2014. The results do not support the price discovery role of one group of developers neither the presence of domino effects. |
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Keywords: Housing market, price discovery, price dynamics, developers, China |
JEL: R3 - Production Analysis and Firm Location: General D2 - Production and Organizations: General |
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Manuscript Received : Sep 13 2016 | | Manuscript Accepted : Nov 09 2016 |
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