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Research on the Relationship between House Price and High-education Migrant Population Based on PVAR Model

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DOI: 10.25236/ssehr.2021.061

Author(s)

Gang Xia, Hualing Li, Dibei Cong

Corresponding Author

Gang Xia

Abstract

The relationship between housing prices and highly educated floating population has caused widespread discussion, so this paper uses 2010-2016 China’s dynamic population survey data and urban residential prices to match the data of 231 cities across the country, and incorporates income and industrial structure to establish a PVAR model for empirical analysis. The empirical results show that: (1) Housing prices have no significant crowding-out effect on the accumulation of highly educated floating population. (2) High-educated people flow into cities, and income is the most important influencing factor; (3) the accumulation of highly-educated populations has clearly caused house prices to rise.

Keywords

Housing prices, High education, Floating population, PVAR model