What attracts young talents? Understanding the migration intention of university students to first-tier cities in China

In recent years, China has witnessed fierce competition for talents among cities. There is evidence that China's first-tier cities are losing their appeal for young talents due to the soaring housing prices and high living costs in first-tier cities, as well as the catch-up of next-tier cities. Therefore, uncovering what factors drive young...

Cross-city spillovers in Chinese housing markets: From a city network perspective

Cross-city spillovers among housing markets are usually modelled by the classical spatial autoregressive models, which usually suffer from identification problems in practice. This paper investigates the cross-city house price spillovers arising from city network externalities wherein a city's connections with other cities in the urban...

Interurban house price gradient: Effect of urban hierarchy distance on house prices