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In spite of a growing recognition of the importance of supply conditions for the level and volatility of house prices …, empirical work on housing supply outside the US is scarce. This paper considers various measures of housing supply in the …
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of each land regulation and calculate the reduction of housing supply elasticity using micro-data of land transactions …This paper studies the effect of government land supply, allocate and use regulations on housing supply elasticity in … overall inelasticity of housing supply in 272 Chinese cities, which reduces housing supply elasticity from 1.086 (elastic) to …
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