Zheng, Siqi; Cao, Jing; Kahn, Matthew; Sun, Cong - In: The Journal of Real Estate Finance and Economics 48 (2014) 3, pp. 398-414
externalities. In this paper, we demonstrate that air pollution in Chinese cities is degraded by cross-boundary externalities. We …. We also find that the marginal valuation of clean air is larger in richer Chinese cities, and hukou barrier of labor …