我院黄家林老师和上海财经大学葛润老师、北京大学施新政老师共同撰写的学术论文“Cleaner water and higher housing prices: Evidence from China”于2025年5月被Journal of Public Economics接受发表。

论文摘要

Combining water monitoring station-level administrative data and transaction-level housing price data from Shanghai, China, we investigate the impact of China’s 2015 water pollution reduction policy on water pollution and housing prices. We first find that the policy significantly improved the water quality of the treated monitoring stations by 0.352 standard deviations. Furthermore, we find that the policy led to a 5.4% increase in the housing prices of apartments located within a 500-meter distance to the nearest treated river, but the effect disappeared for apartments located more than 500 m away. A heterogeneity analysis shows that the effects on housing prices are stronger in areas with higher total housing value, larger apartment sizes, greater nighttime light intensity, higher density of nearby amenities, and closer proximity to the city center.

作者介绍

黄家林，对外经济贸易大学风险管理与保险学系助理教授（链接）