Selected article for: "difference difference and parallel trend"
Author: Qian, Xianhang; Qiu, Shanyun; Zhang, Guangli
Title: The impact of COVID-19 on housing price: Evidence from China
  • Cord-id: j8i3gv2l
  • Document date: 2021_1_27
    • ID: j8i3gv2l
    Snippet: Using data on monthly community-level confirmed COVID-19 cases and housing price in China, we investigate the impact of COVID-19 on housing price. With the difference-in-difference method, we find that the housing price of the communities with confirmed COVID-19 cases would reduce by 2.47%. The impact persists three months and the extent of the impact basically becomes greater as time goes on. The results are robust after the parallel pre-trend test and the placebo test. Moreover, the impact of
    Document: Using data on monthly community-level confirmed COVID-19 cases and housing price in China, we investigate the impact of COVID-19 on housing price. With the difference-in-difference method, we find that the housing price of the communities with confirmed COVID-19 cases would reduce by 2.47%. The impact persists three months and the extent of the impact basically becomes greater as time goes on. The results are robust after the parallel pre-trend test and the placebo test. Moreover, the impact of COVID-19 on housing price only exists in regions with a higher infection level of COVID-19 or worse medical treatment conditions.

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