JDE | 估计中国城市户口价值：来自房价断点回归设计的证据【转】
Chen Yu, Shi Shaobin, Tang Yugang. Valuing the urban hukou in China: Evidence from a regression discontinuity design for housing prices[J]. Journal of Development Economics, 2019
摘要简单翻译：
本文通过估算城市户口的市场价值，探讨了户口获得的需求方面。基于济南市通过购买房屋获得户口的政策，本文采用楼面面积略大且略小于处理和控制组所需最低要求的房屋，实施断点回归设计。结果表明，2017年济南市居民的城市户口支付意愿约为9万至12万元。我们发现不同的住房子市场存在很大的异质性;在移民主导的住房市场和顶级小学区，户口的价值要高得多。我们的研究结果对参数和非参数估计以及不同的模型规范都很稳健。我们通过假设基于租赁数据的错误政策引入日期和安慰剂测试来执行伪造测试。我们的分析为户籍制度改革和公共服务提供提供了见解。
Abstract
This paper explores the demand side of hukou (household registration) acquisition in China by estimating the market valuation of urban hukou. Based on Jinan City's acquiring the hukou by purchasing a house policy, this paper uses houses with a floor area slightly larger and slightly smaller than the minimum required as the treatment and control groups, respectively, to implement a regression discontinuity design. The results show that residents' willingness to pay for urban hukou in Jinan City was approximately 90,000–126,000 yuan in 2017. We also find great heterogeneity in different housing submarkets; the value of hukou is much higher in immigrant-dominated housing markets and top primary school districts. Our findings are robust to parametric and nonparametric estimates and different model specifications. We perform falsification tests by assuming a false policy introduction date and placebo tests based on rental data. Our analysis offers insights for hukou system reform and public services provision.
https://doi.org/10.1016/j.jdeveco.2019.102381
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