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首页> 外文期刊>The Professional Geographer >University Campuses and Housing Markets: Evidence from Nanjing
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University Campuses and Housing Markets: Evidence from Nanjing

机译:大学校园和住房市场:来自南京的证据

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摘要

China has witnessed unprecedented growth of its universities in recent years. Because they function as a sort of urban quasi-public good, university campuses generate a variety of externalities within surrounding communities, including their impacts on adjacent housing markets. Through an analysis of the case of Nanjing, China, this study attempts to quantify the association between university campuses and housing markets in China and to help policymakers, planners, and community members better understand campus-community relationships more generally. The study yields the following findings. First, university campuses have been capitalized into the housing prices of their neighboring communities in Nanjing. Second, in the proximate communities, university campus spillover benefits involve trade-offs with the amenity values of other public goods. Third, campus capitalization effects vary across different tiers of universities. Based on the empirical results, we offer several policy implications, key among which are that policymakers need to acknowledge and rationally distribute the potential spillover benefits of the campus to multiple stakeholders; campus and residential communities should be planned synergistically to optimize land use efficiency; and universities should be fully engaged with their surrounding communities to maximize mutual benefits.
机译:近年来,中国目睹了其大学的前所未有的增长。因为它们作为一种城市准公共良好的功能,大学校园在周围社区内产生了各种外部性,包括它们对邻近住房市场的影响。通过分析中国南京的案例,本研究试图量化大学校园和中国住房市场之间的协会,并帮助政策制定者,规划者和社区成员更好地了解校园社区关系。该研究产生了以下发现。首先,大学校园已经资本化了南京邻近社区的房价。其次,在附近的社区中,大学校园溢出效益涉及其他公共产品的舒适价值的权衡。第三,校园资本化效果各种各样的大学不同。根据经验结果,我们提供了多项政策影响,关键是,政策制定者需要承认并合理地将校园的潜在溢出效益分发给多个利益攸关方;校园和住宅社区应协同策略性地优化土地利用效率;和大学应该与周围社区完全汇集,以最大化互利。

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