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【财税论坛】2012年第十二期(总第54期)

时间:2012-10-31

题目:Real Estate Prices in Beijing, 1644 to 1840

时间:2012年10月31日  星期三 12:00 – 14:00

地点:明德主楼701

报告人:颜色

Abstract:This paper provides the first estimates of housing price movements for Beijing in early modern China, based on the collection of archival data. We hand-collect transaction prices and other house attribute information from the 498 surviving house sale contracts from Beijing during the Qing Dynasty (1644-1840), a long period without major wars, political turmoil, or significant institutional change in the Chinese capital. We use hedonic methods to construct a real estate price index for Beijing for the period. The regression analysis explains a significant proportion of the variance of housing prices. We find that house prices grew steadily for the first half-century of the Qing Dynasty and declined afterwards in both nominal and real terms through the late eighteenth century. Nominal prices grew in the late eighteenth century and declined from the early nineteenth century. More speculative comparisons of Qing-era prices with very recent ones suggest that long-run differences have been more modest than one might have imagined.

报告人简介:颜色,北京大学光华管理学院应用经济系讲师。北京大学经济学院学士、硕士,美国加州大学洛杉矶分校(UCLA)经济学博士。研究方向:经济史,宏观经济学,经济增长与发展,中国经济。在国内外核心期刊,如Explorations in Economic History、《经济研究》、《经济学季刊》等发表多篇论文,并有论文在国际权威期刊如International Economic Review、Journal of Development Economics等修改再审。2009年获得第十五届世界经济史大会最佳博士论文奖,是荣获此殊荣的第一位中国学者。研究课题获得美国自然科学基金、中国国家社科基金、中国教育部人文社科基金资助。主持“国家重修清史•对外贸易志”项目。