This paper provides a first look at estimates of the price elasticity of the housing supply in China at both the … implied national price elasticity of housing supply is between 2.8 and 5.6. The city-level analysis reveals that geographic … housing supply. The study of a different regulatory and economic environment contributes to the growing literature on supply …

exogenous demand shock to the housing market. Employing a two-step difference-in-differences approach, we find significantly …