Full Citation

Title: Housing Prices and Import Competition

Citation Type: Miscellaneous

Publication Year: 2023

ISBN:

ISSN: 1556-5068

DOI: 10.2139/SSRN.4422586

NSFID:

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Abstract: We examine one of the secondary effects of the granting of Permanent Normal Trade Relations (PNTR) to China in October 2000: lower than expected house price appreciation. We consider housing prices for 2,800 US counties in a panel data setting for the years 1990 to 2020. We find that the 2000 PNTR trade event caused house prices to appreciate 6 to 8 percent less in highly trade-exposed counties within 2 to 3 years of the trade event and that the slower appreciation persisted to 2020. The size of the trade impact is highly robust to various sensitivity checks.

Url: https://papers.ssrn.com/abstract=4422586

User Submitted?: No

Authors: Teimouri, Sheida; Zietz, Joachim

Publisher: UW La Crosse

Data Collections: IPUMS NHGIS

Topics: Housing and Segregation

Countries: