Formation of financial real estate risks and spatial interactions : evidence from 35 cities in China

The real estate prices in urban China have been soaring sharply since the commercialization reform of the housing market in 1998, but have suffered from downward pressure recently. In addition to the peculiarities of the state-owned land system, newly built houses dominate market across the vast ter...
Ausführliche Beschreibung

Gespeichert in:

Autor*in:	Liu, Fengyun [verfasserIn] Ren, Honghao [verfasserIn] Liu, Chuanzhe [verfasserIn] Tan, Dejun [verfasserIn]

Format:	E-Artikel
Sprache:	Englisch

Erschienen:	2022

Rechteinformationen:	Open Access Namensnennung 4.0 International ; CC BY 4.0

Schlagwörter:	China financial risk real estate price regional difference spatial diffusion

Übergeordnetes Werk:	Enthalten in: Journal of risk and financial management - Basel : MDPI, 2008, 15(2022), 12 vom: Dez., Artikel-ID 576, Seite 1-21
Übergeordnetes Werk:	volume:15 ; year:2022 ; number:12 ; month:12 ; elocationid:576 ; pages:1-21

Links:	Link aufrufen Link aufrufen Link aufrufen

DOI / URN:	10.3390/jrfm15120576

Katalog-ID:	1847339859

Internformat


LEADER	01000caa a2200265 4500
001	1847339859
003	DE-627
005	20230925151113.0
007	cr uuu---uuuuu
008	230602s2022 xx \|\|\|\|\|o 00\| \|\|eng c
024	7		\|a 10.3390/jrfm15120576 \|2 doi
024	7		\|a 10419/275053 \|2 hdl
035			\|a (DE-627)1847339859
035			\|a (DE-599)KXP1847339859
040			\|a DE-627 \|b ger \|c DE-627 \|e rda
041			\|a eng
084			\|a R31 \|a P34 \|2 jelc
100	1		\|a Liu, Fengyun \|e verfasserin \|0 (DE-588)1208341324 \|0 (DE-627)169460635X \|4 aut
245	1	0	\|a Formation of financial real estate risks and spatial interactions \|b evidence from 35 cities in China \|c Fengyun Liu, Honghao Ren, Chuanzhe Liu and Dejun Tan
264		1	\|c 2022
336			\|a Text \|b txt \|2 rdacontent
337			\|a Computermedien \|b c \|2 rdamedia
338			\|a Online-Ressource \|b cr \|2 rdacarrier
506	0		\|q DE-206 \|a Open Access \|e Controlled Vocabulary for Access Rights \|u http://purl.org/coar/access_right/c_abf2
520			\|a The real estate prices in urban China have been soaring sharply since the commercialization reform of the housing market in 1998, but have suffered from downward pressure recently. In addition to the peculiarities of the state-owned land system, newly built houses dominate market across the vast territories of China, and this study of China will further the understanding of the financial real estate risks. Based on theoretical analyses, a spatial Durbin model is adopted to evaluate the financial real estate risks based on various sectors’ participation in the real estate market, because it can overcome the biased results brought about by the omission of possible spatial dependence. The results show the following: (1) the four sectors’ participation in the real estate market promotes the rise of real estate prices in the both local and other cities with spatial contagion effects, while the most important factors are different across regions; (2) the real estate price fluctuations, the local government’s land revenue, the bank credit provided to the real estate industry, the demand in the local city, and the real estate developers’ investments in other cities increase the local financial real estate risks, and there are strong spatial diffusion effects among the cities. This study sheds light on the roles of the various sectors’ participation in promoting the financial real estate risk as well as their spatial interactions from both theoretical and empirical aspects. Particularly, the different roles of local governments and real estate developers in China should be highlighted. The rules on the sector and spatial levels suggest that government policy should take the different features of various sectors and regions and spatial connections into account.
540			\|q DE-206 \|a Namensnennung 4.0 International \|f CC BY 4.0 \|2 cc \|u https://creativecommons.org/licenses/by/4.0/
650		4	\|a China \|7 (dpeaa)DE-206
650		4	\|a financial risk \|7 (dpeaa)DE-206
650		4	\|a real estate price \|7 (dpeaa)DE-206
650		4	\|a regional difference \|7 (dpeaa)DE-206
650		4	\|a spatial diffusion \|7 (dpeaa)DE-206
700	1		\|a Ren, Honghao \|e verfasserin \|0 (DE-588)1052818242 \|0 (DE-627)789071827 \|0 (DE-576)408547146 \|4 aut
700	1		\|a Liu, Chuanzhe \|e verfasserin \|0 (DE-588)1208341464 \|0 (DE-627)169460666X \|4 aut
700	1		\|a Tan, Dejun \|e verfasserin \|0 (DE-588)1292728647 \|0 (DE-627)1848991347 \|4 aut
773	0	8	\|i Enthalten in \|t Journal of risk and financial management \|d Basel : MDPI, 2008 \|g 15(2022), 12 vom: Dez., Artikel-ID 576, Seite 1-21 \|h Online-Ressource \|w (DE-627)770970427 \|w (DE-600)2739117-6 \|w (DE-576)395129494 \|x 1911-8074 \|7 nnns
773	1	8	\|g volume:15 \|g year:2022 \|g number:12 \|g month:12 \|g elocationid:576 \|g pages:1-21
856	4	0	\|u https://www.mdpi.com/1911-8074/15/12/576/pdf?version=1670576894 \|x Verlag \|z kostenfrei
856	4	0	\|u https://doi.org/10.3390/jrfm15120576 \|x Resolving-System \|z kostenfrei
856	4	0	\|u https://hdl.handle.net/10419/275053 \|x Resolving-System \|z kostenfrei
912			\|a GBV_USEFLAG_U
912			\|a GBV_ILN_26
912			\|a ISIL_DE-206
912			\|a SYSFLAG_1
912			\|a GBV_KXP
912			\|a GBV_ILN_20
912			\|a GBV_ILN_22
912			\|a GBV_ILN_23
912			\|a GBV_ILN_24
912			\|a GBV_ILN_39
912			\|a GBV_ILN_40
912			\|a GBV_ILN_60
912			\|a GBV_ILN_62
912			\|a GBV_ILN_63
912			\|a GBV_ILN_65
912			\|a GBV_ILN_69
912			\|a GBV_ILN_70
912			\|a GBV_ILN_73
912			\|a GBV_ILN_90
912			\|a GBV_ILN_95
912			\|a GBV_ILN_105
912			\|a GBV_ILN_110
912			\|a GBV_ILN_151
912			\|a GBV_ILN_161
912			\|a GBV_ILN_170
912			\|a GBV_ILN_206
912			\|a GBV_ILN_213
912			\|a GBV_ILN_230
912			\|a GBV_ILN_285
912			\|a GBV_ILN_293
912			\|a GBV_ILN_370
912			\|a GBV_ILN_602
912			\|a GBV_ILN_702
912			\|a GBV_ILN_2006
912			\|a GBV_ILN_2007
912			\|a GBV_ILN_2009
912			\|a GBV_ILN_2011
912			\|a GBV_ILN_2014
912			\|a GBV_ILN_2020
912			\|a GBV_ILN_2026
912			\|a GBV_ILN_2111
912			\|a GBV_ILN_2129
912			\|a GBV_ILN_4012
912			\|a GBV_ILN_4037
912			\|a GBV_ILN_4046
912			\|a GBV_ILN_4112
912			\|a GBV_ILN_4125
912			\|a GBV_ILN_4126
912			\|a GBV_ILN_4249
912			\|a GBV_ILN_4305
912			\|a GBV_ILN_4306
912			\|a GBV_ILN_4307
912			\|a GBV_ILN_4313
912			\|a GBV_ILN_4322
912			\|a GBV_ILN_4323
912			\|a GBV_ILN_4324
912			\|a GBV_ILN_4325
912			\|a GBV_ILN_4326
912			\|a GBV_ILN_4335
912			\|a GBV_ILN_4338
912			\|a GBV_ILN_4367
912			\|a GBV_ILN_4700
912			\|a GBV_ILN_2403
912			\|a GBV_ILN_2403
912			\|a ISIL_DE-LFER
936	u	w	\|d 15 \|j 2022 \|e 12 \|c 12 \|i 576 \|h 1-21
951			\|a AR
952			\|d 15 \|j 2022 \|e 12 \|c 12 \|i 576 \|h 1-21
980			\|2 26 \|1 01 \|x 0206 \|b 4328908901 \|y x1z \|z 02-06-23
980			\|2 2403 \|1 01 \|x DE-LFER \|b 434026086X \|c 00 \|f --%%-- \|d --%%-- \|e n \|j --%%-- \|y l01 \|z 18-06-23
981			\|2 2403 \|1 01 \|x DE-LFER \|r https://doi.org/10.3390/jrfm15120576
981			\|2 2403 \|1 01 \|x DE-LFER \|r https://www.mdpi.com/1911-8074/15/12/576/pdf?version=1670576894

Indexfelder

author_variant	f l fl h r hr c l cl d t dt
matchkey_str	article:19118074:2022----::omtoofnnilelsaeikadpt
hierarchy_sort_str	2022
publishDate	2022
allfields	10.3390/jrfm15120576 doi 10419/275053 hdl (DE-627)1847339859 (DE-599)KXP1847339859 DE-627 ger DE-627 rda eng R31 P34 jelc Liu, Fengyun verfasserin (DE-588)1208341324 (DE-627)169460635X aut Formation of financial real estate risks and spatial interactions evidence from 35 cities in China Fengyun Liu, Honghao Ren, Chuanzhe Liu and Dejun Tan 2022 Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier DE-206 Open Access Controlled Vocabulary for Access Rights http://purl.org/coar/access_right/c_abf2 The real estate prices in urban China have been soaring sharply since the commercialization reform of the housing market in 1998, but have suffered from downward pressure recently. In addition to the peculiarities of the state-owned land system, newly built houses dominate market across the vast territories of China, and this study of China will further the understanding of the financial real estate risks. Based on theoretical analyses, a spatial Durbin model is adopted to evaluate the financial real estate risks based on various sectors’ participation in the real estate market, because it can overcome the biased results brought about by the omission of possible spatial dependence. The results show the following: (1) the four sectors’ participation in the real estate market promotes the rise of real estate prices in the both local and other cities with spatial contagion effects, while the most important factors are different across regions; (2) the real estate price fluctuations, the local government’s land revenue, the bank credit provided to the real estate industry, the demand in the local city, and the real estate developers’ investments in other cities increase the local financial real estate risks, and there are strong spatial diffusion effects among the cities. This study sheds light on the roles of the various sectors’ participation in promoting the financial real estate risk as well as their spatial interactions from both theoretical and empirical aspects. Particularly, the different roles of local governments and real estate developers in China should be highlighted. The rules on the sector and spatial levels suggest that government policy should take the different features of various sectors and regions and spatial connections into account. DE-206 Namensnennung 4.0 International CC BY 4.0 cc https://creativecommons.org/licenses/by/4.0/ China (dpeaa)DE-206 financial risk (dpeaa)DE-206 real estate price (dpeaa)DE-206 regional difference (dpeaa)DE-206 spatial diffusion (dpeaa)DE-206 Ren, Honghao verfasserin (DE-588)1052818242 (DE-627)789071827 (DE-576)408547146 aut Liu, Chuanzhe verfasserin (DE-588)1208341464 (DE-627)169460666X aut Tan, Dejun verfasserin (DE-588)1292728647 (DE-627)1848991347 aut Enthalten in Journal of risk and financial management Basel : MDPI, 2008 15(2022), 12 vom: Dez., Artikel-ID 576, Seite 1-21 Online-Ressource (DE-627)770970427 (DE-600)2739117-6 (DE-576)395129494 1911-8074 nnns volume:15 year:2022 number:12 month:12 elocationid:576 pages:1-21 https://www.mdpi.com/1911-8074/15/12/576/pdf?version=1670576894 Verlag kostenfrei https://doi.org/10.3390/jrfm15120576 Resolving-System kostenfrei https://hdl.handle.net/10419/275053 Resolving-System kostenfrei GBV_USEFLAG_U GBV_ILN_26 ISIL_DE-206 SYSFLAG_1 GBV_KXP GBV_ILN_20 GBV_ILN_22 GBV_ILN_23 GBV_ILN_24 GBV_ILN_39 GBV_ILN_40 GBV_ILN_60 GBV_ILN_62 GBV_ILN_63 GBV_ILN_65 GBV_ILN_69 GBV_ILN_70 GBV_ILN_73 GBV_ILN_90 GBV_ILN_95 GBV_ILN_105 GBV_ILN_110 GBV_ILN_151 GBV_ILN_161 GBV_ILN_170 GBV_ILN_206 GBV_ILN_213 GBV_ILN_230 GBV_ILN_285 GBV_ILN_293 GBV_ILN_370 GBV_ILN_602 GBV_ILN_702 GBV_ILN_2006 GBV_ILN_2007 GBV_ILN_2009 GBV_ILN_2011 GBV_ILN_2014 GBV_ILN_2020 GBV_ILN_2026 GBV_ILN_2111 GBV_ILN_2129 GBV_ILN_4012 GBV_ILN_4037 GBV_ILN_4046 GBV_ILN_4112 GBV_ILN_4125 GBV_ILN_4126 GBV_ILN_4249 GBV_ILN_4305 GBV_ILN_4306 GBV_ILN_4307 GBV_ILN_4313 GBV_ILN_4322 GBV_ILN_4323 GBV_ILN_4324 GBV_ILN_4325 GBV_ILN_4326 GBV_ILN_4335 GBV_ILN_4338 GBV_ILN_4367 GBV_ILN_4700 GBV_ILN_2403 GBV_ILN_2403 ISIL_DE-LFER 15 2022 12 12 576 1-21 AR 15 2022 12 12 576 1-21 26 01 0206 4328908901 x1z 02-06-23 2403 01 DE-LFER 434026086X 00 --%%-- --%%-- n --%%-- l01 18-06-23 2403 01 DE-LFER https://doi.org/10.3390/jrfm15120576 2403 01 DE-LFER https://www.mdpi.com/1911-8074/15/12/576/pdf?version=1670576894
spelling	10.3390/jrfm15120576 doi 10419/275053 hdl (DE-627)1847339859 (DE-599)KXP1847339859 DE-627 ger DE-627 rda eng R31 P34 jelc Liu, Fengyun verfasserin (DE-588)1208341324 (DE-627)169460635X aut Formation of financial real estate risks and spatial interactions evidence from 35 cities in China Fengyun Liu, Honghao Ren, Chuanzhe Liu and Dejun Tan 2022 Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier DE-206 Open Access Controlled Vocabulary for Access Rights http://purl.org/coar/access_right/c_abf2 The real estate prices in urban China have been soaring sharply since the commercialization reform of the housing market in 1998, but have suffered from downward pressure recently. In addition to the peculiarities of the state-owned land system, newly built houses dominate market across the vast territories of China, and this study of China will further the understanding of the financial real estate risks. Based on theoretical analyses, a spatial Durbin model is adopted to evaluate the financial real estate risks based on various sectors’ participation in the real estate market, because it can overcome the biased results brought about by the omission of possible spatial dependence. The results show the following: (1) the four sectors’ participation in the real estate market promotes the rise of real estate prices in the both local and other cities with spatial contagion effects, while the most important factors are different across regions; (2) the real estate price fluctuations, the local government’s land revenue, the bank credit provided to the real estate industry, the demand in the local city, and the real estate developers’ investments in other cities increase the local financial real estate risks, and there are strong spatial diffusion effects among the cities. This study sheds light on the roles of the various sectors’ participation in promoting the financial real estate risk as well as their spatial interactions from both theoretical and empirical aspects. Particularly, the different roles of local governments and real estate developers in China should be highlighted. The rules on the sector and spatial levels suggest that government policy should take the different features of various sectors and regions and spatial connections into account. DE-206 Namensnennung 4.0 International CC BY 4.0 cc https://creativecommons.org/licenses/by/4.0/ China (dpeaa)DE-206 financial risk (dpeaa)DE-206 real estate price (dpeaa)DE-206 regional difference (dpeaa)DE-206 spatial diffusion (dpeaa)DE-206 Ren, Honghao verfasserin (DE-588)1052818242 (DE-627)789071827 (DE-576)408547146 aut Liu, Chuanzhe verfasserin (DE-588)1208341464 (DE-627)169460666X aut Tan, Dejun verfasserin (DE-588)1292728647 (DE-627)1848991347 aut Enthalten in Journal of risk and financial management Basel : MDPI, 2008 15(2022), 12 vom: Dez., Artikel-ID 576, Seite 1-21 Online-Ressource (DE-627)770970427 (DE-600)2739117-6 (DE-576)395129494 1911-8074 nnns volume:15 year:2022 number:12 month:12 elocationid:576 pages:1-21 https://www.mdpi.com/1911-8074/15/12/576/pdf?version=1670576894 Verlag kostenfrei https://doi.org/10.3390/jrfm15120576 Resolving-System kostenfrei https://hdl.handle.net/10419/275053 Resolving-System kostenfrei GBV_USEFLAG_U GBV_ILN_26 ISIL_DE-206 SYSFLAG_1 GBV_KXP GBV_ILN_20 GBV_ILN_22 GBV_ILN_23 GBV_ILN_24 GBV_ILN_39 GBV_ILN_40 GBV_ILN_60 GBV_ILN_62 GBV_ILN_63 GBV_ILN_65 GBV_ILN_69 GBV_ILN_70 GBV_ILN_73 GBV_ILN_90 GBV_ILN_95 GBV_ILN_105 GBV_ILN_110 GBV_ILN_151 GBV_ILN_161 GBV_ILN_170 GBV_ILN_206 GBV_ILN_213 GBV_ILN_230 GBV_ILN_285 GBV_ILN_293 GBV_ILN_370 GBV_ILN_602 GBV_ILN_702 GBV_ILN_2006 GBV_ILN_2007 GBV_ILN_2009 GBV_ILN_2011 GBV_ILN_2014 GBV_ILN_2020 GBV_ILN_2026 GBV_ILN_2111 GBV_ILN_2129 GBV_ILN_4012 GBV_ILN_4037 GBV_ILN_4046 GBV_ILN_4112 GBV_ILN_4125 GBV_ILN_4126 GBV_ILN_4249 GBV_ILN_4305 GBV_ILN_4306 GBV_ILN_4307 GBV_ILN_4313 GBV_ILN_4322 GBV_ILN_4323 GBV_ILN_4324 GBV_ILN_4325 GBV_ILN_4326 GBV_ILN_4335 GBV_ILN_4338 GBV_ILN_4367 GBV_ILN_4700 GBV_ILN_2403 GBV_ILN_2403 ISIL_DE-LFER 15 2022 12 12 576 1-21 AR 15 2022 12 12 576 1-21 26 01 0206 4328908901 x1z 02-06-23 2403 01 DE-LFER 434026086X 00 --%%-- --%%-- n --%%-- l01 18-06-23 2403 01 DE-LFER https://doi.org/10.3390/jrfm15120576 2403 01 DE-LFER https://www.mdpi.com/1911-8074/15/12/576/pdf?version=1670576894
allfields_unstemmed	10.3390/jrfm15120576 doi 10419/275053 hdl (DE-627)1847339859 (DE-599)KXP1847339859 DE-627 ger DE-627 rda eng R31 P34 jelc Liu, Fengyun verfasserin (DE-588)1208341324 (DE-627)169460635X aut Formation of financial real estate risks and spatial interactions evidence from 35 cities in China Fengyun Liu, Honghao Ren, Chuanzhe Liu and Dejun Tan 2022 Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier DE-206 Open Access Controlled Vocabulary for Access Rights http://purl.org/coar/access_right/c_abf2 The real estate prices in urban China have been soaring sharply since the commercialization reform of the housing market in 1998, but have suffered from downward pressure recently. In addition to the peculiarities of the state-owned land system, newly built houses dominate market across the vast territories of China, and this study of China will further the understanding of the financial real estate risks. Based on theoretical analyses, a spatial Durbin model is adopted to evaluate the financial real estate risks based on various sectors’ participation in the real estate market, because it can overcome the biased results brought about by the omission of possible spatial dependence. The results show the following: (1) the four sectors’ participation in the real estate market promotes the rise of real estate prices in the both local and other cities with spatial contagion effects, while the most important factors are different across regions; (2) the real estate price fluctuations, the local government’s land revenue, the bank credit provided to the real estate industry, the demand in the local city, and the real estate developers’ investments in other cities increase the local financial real estate risks, and there are strong spatial diffusion effects among the cities. This study sheds light on the roles of the various sectors’ participation in promoting the financial real estate risk as well as their spatial interactions from both theoretical and empirical aspects. Particularly, the different roles of local governments and real estate developers in China should be highlighted. The rules on the sector and spatial levels suggest that government policy should take the different features of various sectors and regions and spatial connections into account. DE-206 Namensnennung 4.0 International CC BY 4.0 cc https://creativecommons.org/licenses/by/4.0/ China (dpeaa)DE-206 financial risk (dpeaa)DE-206 real estate price (dpeaa)DE-206 regional difference (dpeaa)DE-206 spatial diffusion (dpeaa)DE-206 Ren, Honghao verfasserin (DE-588)1052818242 (DE-627)789071827 (DE-576)408547146 aut Liu, Chuanzhe verfasserin (DE-588)1208341464 (DE-627)169460666X aut Tan, Dejun verfasserin (DE-588)1292728647 (DE-627)1848991347 aut Enthalten in Journal of risk and financial management Basel : MDPI, 2008 15(2022), 12 vom: Dez., Artikel-ID 576, Seite 1-21 Online-Ressource (DE-627)770970427 (DE-600)2739117-6 (DE-576)395129494 1911-8074 nnns volume:15 year:2022 number:12 month:12 elocationid:576 pages:1-21 https://www.mdpi.com/1911-8074/15/12/576/pdf?version=1670576894 Verlag kostenfrei https://doi.org/10.3390/jrfm15120576 Resolving-System kostenfrei https://hdl.handle.net/10419/275053 Resolving-System kostenfrei GBV_USEFLAG_U GBV_ILN_26 ISIL_DE-206 SYSFLAG_1 GBV_KXP GBV_ILN_20 GBV_ILN_22 GBV_ILN_23 GBV_ILN_24 GBV_ILN_39 GBV_ILN_40 GBV_ILN_60 GBV_ILN_62 GBV_ILN_63 GBV_ILN_65 GBV_ILN_69 GBV_ILN_70 GBV_ILN_73 GBV_ILN_90 GBV_ILN_95 GBV_ILN_105 GBV_ILN_110 GBV_ILN_151 GBV_ILN_161 GBV_ILN_170 GBV_ILN_206 GBV_ILN_213 GBV_ILN_230 GBV_ILN_285 GBV_ILN_293 GBV_ILN_370 GBV_ILN_602 GBV_ILN_702 GBV_ILN_2006 GBV_ILN_2007 GBV_ILN_2009 GBV_ILN_2011 GBV_ILN_2014 GBV_ILN_2020 GBV_ILN_2026 GBV_ILN_2111 GBV_ILN_2129 GBV_ILN_4012 GBV_ILN_4037 GBV_ILN_4046 GBV_ILN_4112 GBV_ILN_4125 GBV_ILN_4126 GBV_ILN_4249 GBV_ILN_4305 GBV_ILN_4306 GBV_ILN_4307 GBV_ILN_4313 GBV_ILN_4322 GBV_ILN_4323 GBV_ILN_4324 GBV_ILN_4325 GBV_ILN_4326 GBV_ILN_4335 GBV_ILN_4338 GBV_ILN_4367 GBV_ILN_4700 GBV_ILN_2403 GBV_ILN_2403 ISIL_DE-LFER 15 2022 12 12 576 1-21 AR 15 2022 12 12 576 1-21 26 01 0206 4328908901 x1z 02-06-23 2403 01 DE-LFER 434026086X 00 --%%-- --%%-- n --%%-- l01 18-06-23 2403 01 DE-LFER https://doi.org/10.3390/jrfm15120576 2403 01 DE-LFER https://www.mdpi.com/1911-8074/15/12/576/pdf?version=1670576894
allfieldsGer	10.3390/jrfm15120576 doi 10419/275053 hdl (DE-627)1847339859 (DE-599)KXP1847339859 DE-627 ger DE-627 rda eng R31 P34 jelc Liu, Fengyun verfasserin (DE-588)1208341324 (DE-627)169460635X aut Formation of financial real estate risks and spatial interactions evidence from 35 cities in China Fengyun Liu, Honghao Ren, Chuanzhe Liu and Dejun Tan 2022 Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier DE-206 Open Access Controlled Vocabulary for Access Rights http://purl.org/coar/access_right/c_abf2 The real estate prices in urban China have been soaring sharply since the commercialization reform of the housing market in 1998, but have suffered from downward pressure recently. In addition to the peculiarities of the state-owned land system, newly built houses dominate market across the vast territories of China, and this study of China will further the understanding of the financial real estate risks. Based on theoretical analyses, a spatial Durbin model is adopted to evaluate the financial real estate risks based on various sectors’ participation in the real estate market, because it can overcome the biased results brought about by the omission of possible spatial dependence. The results show the following: (1) the four sectors’ participation in the real estate market promotes the rise of real estate prices in the both local and other cities with spatial contagion effects, while the most important factors are different across regions; (2) the real estate price fluctuations, the local government’s land revenue, the bank credit provided to the real estate industry, the demand in the local city, and the real estate developers’ investments in other cities increase the local financial real estate risks, and there are strong spatial diffusion effects among the cities. This study sheds light on the roles of the various sectors’ participation in promoting the financial real estate risk as well as their spatial interactions from both theoretical and empirical aspects. Particularly, the different roles of local governments and real estate developers in China should be highlighted. The rules on the sector and spatial levels suggest that government policy should take the different features of various sectors and regions and spatial connections into account. DE-206 Namensnennung 4.0 International CC BY 4.0 cc https://creativecommons.org/licenses/by/4.0/ China (dpeaa)DE-206 financial risk (dpeaa)DE-206 real estate price (dpeaa)DE-206 regional difference (dpeaa)DE-206 spatial diffusion (dpeaa)DE-206 Ren, Honghao verfasserin (DE-588)1052818242 (DE-627)789071827 (DE-576)408547146 aut Liu, Chuanzhe verfasserin (DE-588)1208341464 (DE-627)169460666X aut Tan, Dejun verfasserin (DE-588)1292728647 (DE-627)1848991347 aut Enthalten in Journal of risk and financial management Basel : MDPI, 2008 15(2022), 12 vom: Dez., Artikel-ID 576, Seite 1-21 Online-Ressource (DE-627)770970427 (DE-600)2739117-6 (DE-576)395129494 1911-8074 nnns volume:15 year:2022 number:12 month:12 elocationid:576 pages:1-21 https://www.mdpi.com/1911-8074/15/12/576/pdf?version=1670576894 Verlag kostenfrei https://doi.org/10.3390/jrfm15120576 Resolving-System kostenfrei https://hdl.handle.net/10419/275053 Resolving-System kostenfrei GBV_USEFLAG_U GBV_ILN_26 ISIL_DE-206 SYSFLAG_1 GBV_KXP GBV_ILN_20 GBV_ILN_22 GBV_ILN_23 GBV_ILN_24 GBV_ILN_39 GBV_ILN_40 GBV_ILN_60 GBV_ILN_62 GBV_ILN_63 GBV_ILN_65 GBV_ILN_69 GBV_ILN_70 GBV_ILN_73 GBV_ILN_90 GBV_ILN_95 GBV_ILN_105 GBV_ILN_110 GBV_ILN_151 GBV_ILN_161 GBV_ILN_170 GBV_ILN_206 GBV_ILN_213 GBV_ILN_230 GBV_ILN_285 GBV_ILN_293 GBV_ILN_370 GBV_ILN_602 GBV_ILN_702 GBV_ILN_2006 GBV_ILN_2007 GBV_ILN_2009 GBV_ILN_2011 GBV_ILN_2014 GBV_ILN_2020 GBV_ILN_2026 GBV_ILN_2111 GBV_ILN_2129 GBV_ILN_4012 GBV_ILN_4037 GBV_ILN_4046 GBV_ILN_4112 GBV_ILN_4125 GBV_ILN_4126 GBV_ILN_4249 GBV_ILN_4305 GBV_ILN_4306 GBV_ILN_4307 GBV_ILN_4313 GBV_ILN_4322 GBV_ILN_4323 GBV_ILN_4324 GBV_ILN_4325 GBV_ILN_4326 GBV_ILN_4335 GBV_ILN_4338 GBV_ILN_4367 GBV_ILN_4700 GBV_ILN_2403 GBV_ILN_2403 ISIL_DE-LFER 15 2022 12 12 576 1-21 AR 15 2022 12 12 576 1-21 26 01 0206 4328908901 x1z 02-06-23 2403 01 DE-LFER 434026086X 00 --%%-- --%%-- n --%%-- l01 18-06-23 2403 01 DE-LFER https://doi.org/10.3390/jrfm15120576 2403 01 DE-LFER https://www.mdpi.com/1911-8074/15/12/576/pdf?version=1670576894
allfieldsSound	10.3390/jrfm15120576 doi 10419/275053 hdl (DE-627)1847339859 (DE-599)KXP1847339859 DE-627 ger DE-627 rda eng R31 P34 jelc Liu, Fengyun verfasserin (DE-588)1208341324 (DE-627)169460635X aut Formation of financial real estate risks and spatial interactions evidence from 35 cities in China Fengyun Liu, Honghao Ren, Chuanzhe Liu and Dejun Tan 2022 Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier DE-206 Open Access Controlled Vocabulary for Access Rights http://purl.org/coar/access_right/c_abf2 The real estate prices in urban China have been soaring sharply since the commercialization reform of the housing market in 1998, but have suffered from downward pressure recently. In addition to the peculiarities of the state-owned land system, newly built houses dominate market across the vast territories of China, and this study of China will further the understanding of the financial real estate risks. Based on theoretical analyses, a spatial Durbin model is adopted to evaluate the financial real estate risks based on various sectors’ participation in the real estate market, because it can overcome the biased results brought about by the omission of possible spatial dependence. The results show the following: (1) the four sectors’ participation in the real estate market promotes the rise of real estate prices in the both local and other cities with spatial contagion effects, while the most important factors are different across regions; (2) the real estate price fluctuations, the local government’s land revenue, the bank credit provided to the real estate industry, the demand in the local city, and the real estate developers’ investments in other cities increase the local financial real estate risks, and there are strong spatial diffusion effects among the cities. This study sheds light on the roles of the various sectors’ participation in promoting the financial real estate risk as well as their spatial interactions from both theoretical and empirical aspects. Particularly, the different roles of local governments and real estate developers in China should be highlighted. The rules on the sector and spatial levels suggest that government policy should take the different features of various sectors and regions and spatial connections into account. DE-206 Namensnennung 4.0 International CC BY 4.0 cc https://creativecommons.org/licenses/by/4.0/ China (dpeaa)DE-206 financial risk (dpeaa)DE-206 real estate price (dpeaa)DE-206 regional difference (dpeaa)DE-206 spatial diffusion (dpeaa)DE-206 Ren, Honghao verfasserin (DE-588)1052818242 (DE-627)789071827 (DE-576)408547146 aut Liu, Chuanzhe verfasserin (DE-588)1208341464 (DE-627)169460666X aut Tan, Dejun verfasserin (DE-588)1292728647 (DE-627)1848991347 aut Enthalten in Journal of risk and financial management Basel : MDPI, 2008 15(2022), 12 vom: Dez., Artikel-ID 576, Seite 1-21 Online-Ressource (DE-627)770970427 (DE-600)2739117-6 (DE-576)395129494 1911-8074 nnns volume:15 year:2022 number:12 month:12 elocationid:576 pages:1-21 https://www.mdpi.com/1911-8074/15/12/576/pdf?version=1670576894 Verlag kostenfrei https://doi.org/10.3390/jrfm15120576 Resolving-System kostenfrei https://hdl.handle.net/10419/275053 Resolving-System kostenfrei GBV_USEFLAG_U GBV_ILN_26 ISIL_DE-206 SYSFLAG_1 GBV_KXP GBV_ILN_20 GBV_ILN_22 GBV_ILN_23 GBV_ILN_24 GBV_ILN_39 GBV_ILN_40 GBV_ILN_60 GBV_ILN_62 GBV_ILN_63 GBV_ILN_65 GBV_ILN_69 GBV_ILN_70 GBV_ILN_73 GBV_ILN_90 GBV_ILN_95 GBV_ILN_105 GBV_ILN_110 GBV_ILN_151 GBV_ILN_161 GBV_ILN_170 GBV_ILN_206 GBV_ILN_213 GBV_ILN_230 GBV_ILN_285 GBV_ILN_293 GBV_ILN_370 GBV_ILN_602 GBV_ILN_702 GBV_ILN_2006 GBV_ILN_2007 GBV_ILN_2009 GBV_ILN_2011 GBV_ILN_2014 GBV_ILN_2020 GBV_ILN_2026 GBV_ILN_2111 GBV_ILN_2129 GBV_ILN_4012 GBV_ILN_4037 GBV_ILN_4046 GBV_ILN_4112 GBV_ILN_4125 GBV_ILN_4126 GBV_ILN_4249 GBV_ILN_4305 GBV_ILN_4306 GBV_ILN_4307 GBV_ILN_4313 GBV_ILN_4322 GBV_ILN_4323 GBV_ILN_4324 GBV_ILN_4325 GBV_ILN_4326 GBV_ILN_4335 GBV_ILN_4338 GBV_ILN_4367 GBV_ILN_4700 GBV_ILN_2403 GBV_ILN_2403 ISIL_DE-LFER 15 2022 12 12 576 1-21 AR 15 2022 12 12 576 1-21 26 01 0206 4328908901 x1z 02-06-23 2403 01 DE-LFER 434026086X 00 --%%-- --%%-- n --%%-- l01 18-06-23 2403 01 DE-LFER https://doi.org/10.3390/jrfm15120576 2403 01 DE-LFER https://www.mdpi.com/1911-8074/15/12/576/pdf?version=1670576894
language	English
source	Enthalten in Journal of risk and financial management 15(2022), 12 vom: Dez., Artikel-ID 576, Seite 1-21 volume:15 year:2022 number:12 month:12 elocationid:576 pages:1-21
sourceStr	Enthalten in Journal of risk and financial management 15(2022), 12 vom: Dez., Artikel-ID 576, Seite 1-21 volume:15 year:2022 number:12 month:12 elocationid:576 pages:1-21
format_phy_str_mv	Article
building	26:1 2403:0
institution	findex.gbv.de
selectbib_iln_str_mv	26@1z 2403@01
topic_facet	China financial risk real estate price regional difference spatial diffusion
isfreeaccess_bool	true
container_title	Journal of risk and financial management
authorswithroles_txt_mv	Liu, Fengyun @@aut@@ Ren, Honghao @@aut@@ Liu, Chuanzhe @@aut@@ Tan, Dejun @@aut@@
publishDateDaySort_date	2022-12-01T00:00:00Z
hierarchy_top_id	770970427
id	1847339859
language_de	englisch
fullrecord	<?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>01000caa a2200265 4500</leader><controlfield tag="001">1847339859</controlfield><controlfield tag="003">DE-627</controlfield><controlfield tag="005">20230925151113.0</controlfield><controlfield tag="007">cr uuu---uuuuu</controlfield><controlfield tag="008">230602s2022 xx \|\|\|\|\|o 00\| \|\|eng c</controlfield><datafield tag="024" ind1="7" ind2=" "><subfield code="a">10.3390/jrfm15120576</subfield><subfield code="2">doi</subfield></datafield><datafield tag="024" ind1="7" ind2=" "><subfield code="a">10419/275053</subfield><subfield code="2">hdl</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-627)1847339859</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)KXP1847339859</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-627</subfield><subfield code="b">ger</subfield><subfield code="c">DE-627</subfield><subfield code="e">rda</subfield></datafield><datafield tag="041" ind1=" " ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="084" ind1=" " ind2=" "><subfield code="a">R31</subfield><subfield code="a">P34</subfield><subfield code="2">jelc</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Liu, Fengyun</subfield><subfield code="e">verfasserin</subfield><subfield code="0">(DE-588)1208341324</subfield><subfield code="0">(DE-627)169460635X</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Formation of financial real estate risks and spatial interactions</subfield><subfield code="b">evidence from 35 cities in China</subfield><subfield code="c">Fengyun Liu, Honghao Ren, Chuanzhe Liu and Dejun Tan</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="c">2022</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="a">Text</subfield><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="a">Computermedien</subfield><subfield code="b">c</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="a">Online-Ressource</subfield><subfield code="b">cr</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="506" ind1="0" ind2=" "><subfield code="q">DE-206</subfield><subfield code="a">Open Access</subfield><subfield code="e">Controlled Vocabulary for Access Rights</subfield><subfield code="u">http://purl.org/coar/access_right/c_abf2</subfield></datafield><datafield tag="520" ind1=" " ind2=" "><subfield code="a">The real estate prices in urban China have been soaring sharply since the commercialization reform of the housing market in 1998, but have suffered from downward pressure recently. In addition to the peculiarities of the state-owned land system, newly built houses dominate market across the vast territories of China, and this study of China will further the understanding of the financial real estate risks. Based on theoretical analyses, a spatial Durbin model is adopted to evaluate the financial real estate risks based on various sectors’ participation in the real estate market, because it can overcome the biased results brought about by the omission of possible spatial dependence. The results show the following: (1) the four sectors’ participation in the real estate market promotes the rise of real estate prices in the both local and other cities with spatial contagion effects, while the most important factors are different across regions; (2) the real estate price fluctuations, the local government’s land revenue, the bank credit provided to the real estate industry, the demand in the local city, and the real estate developers’ investments in other cities increase the local financial real estate risks, and there are strong spatial diffusion effects among the cities. This study sheds light on the roles of the various sectors’ participation in promoting the financial real estate risk as well as their spatial interactions from both theoretical and empirical aspects. Particularly, the different roles of local governments and real estate developers in China should be highlighted. The rules on the sector and spatial levels suggest that government policy should take the different features of various sectors and regions and spatial connections into account.</subfield></datafield><datafield tag="540" ind1=" " ind2=" "><subfield code="q">DE-206</subfield><subfield code="a">Namensnennung 4.0 International</subfield><subfield code="f">CC BY 4.0</subfield><subfield code="2">cc</subfield><subfield code="u">https://creativecommons.org/licenses/by/4.0/</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">China</subfield><subfield code="7">(dpeaa)DE-206</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">financial risk</subfield><subfield code="7">(dpeaa)DE-206</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">real estate price</subfield><subfield code="7">(dpeaa)DE-206</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">regional difference</subfield><subfield code="7">(dpeaa)DE-206</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">spatial diffusion</subfield><subfield code="7">(dpeaa)DE-206</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Ren, Honghao</subfield><subfield code="e">verfasserin</subfield><subfield code="0">(DE-588)1052818242</subfield><subfield code="0">(DE-627)789071827</subfield><subfield code="0">(DE-576)408547146</subfield><subfield code="4">aut</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Liu, Chuanzhe</subfield><subfield code="e">verfasserin</subfield><subfield code="0">(DE-588)1208341464</subfield><subfield code="0">(DE-627)169460666X</subfield><subfield code="4">aut</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Tan, Dejun</subfield><subfield code="e">verfasserin</subfield><subfield code="0">(DE-588)1292728647</subfield><subfield code="0">(DE-627)1848991347</subfield><subfield code="4">aut</subfield></datafield><datafield tag="773" ind1="0" ind2="8"><subfield code="i">Enthalten in</subfield><subfield code="t">Journal of risk and financial management</subfield><subfield code="d">Basel : MDPI, 2008</subfield><subfield code="g">15(2022), 12 vom: Dez., Artikel-ID 576, Seite 1-21</subfield><subfield code="h">Online-Ressource</subfield><subfield code="w">(DE-627)770970427</subfield><subfield code="w">(DE-600)2739117-6</subfield><subfield code="w">(DE-576)395129494</subfield><subfield code="x">1911-8074</subfield><subfield code="7">nnns</subfield></datafield><datafield tag="773" ind1="1" ind2="8"><subfield code="g">volume:15</subfield><subfield code="g">year:2022</subfield><subfield code="g">number:12</subfield><subfield code="g">month:12</subfield><subfield code="g">elocationid:576</subfield><subfield code="g">pages:1-21</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="u">https://www.mdpi.com/1911-8074/15/12/576/pdf?version=1670576894</subfield><subfield code="x">Verlag</subfield><subfield code="z">kostenfrei</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="u">https://doi.org/10.3390/jrfm15120576</subfield><subfield code="x">Resolving-System</subfield><subfield code="z">kostenfrei</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="u">https://hdl.handle.net/10419/275053</subfield><subfield code="x">Resolving-System</subfield><subfield code="z">kostenfrei</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_USEFLAG_U</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_26</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ISIL_DE-206</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">SYSFLAG_1</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_KXP</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_20</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_22</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_23</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_24</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_39</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_40</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_60</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_62</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_63</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_65</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_69</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_70</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_73</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_90</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_95</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_105</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_110</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_151</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_161</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_170</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_206</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_213</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_230</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_285</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_293</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_370</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_602</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_702</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_2006</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_2007</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_2009</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_2011</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_2014</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_2020</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_2026</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_2111</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_2129</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_4012</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_4037</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_4046</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_4112</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_4125</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_4126</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_4249</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_4305</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_4306</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_4307</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_4313</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_4322</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_4323</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_4324</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_4325</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_4326</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_4335</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_4338</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_4367</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_4700</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_2403</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_2403</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ISIL_DE-LFER</subfield></datafield><datafield tag="936" ind1="u" ind2="w"><subfield code="d">15</subfield><subfield code="j">2022</subfield><subfield code="e">12</subfield><subfield code="c">12</subfield><subfield code="i">576</subfield><subfield code="h">1-21</subfield></datafield><datafield tag="951" ind1=" " ind2=" "><subfield code="a">AR</subfield></datafield><datafield tag="952" ind1=" " ind2=" "><subfield code="d">15</subfield><subfield code="j">2022</subfield><subfield code="e">12</subfield><subfield code="c">12</subfield><subfield code="i">576</subfield><subfield code="h">1-21</subfield></datafield><datafield tag="980" ind1=" " ind2=" "><subfield code="2">26</subfield><subfield code="1">01</subfield><subfield code="x">0206</subfield><subfield code="b">4328908901</subfield><subfield code="y">x1z</subfield><subfield code="z">02-06-23</subfield></datafield><datafield tag="980" ind1=" " ind2=" "><subfield code="2">2403</subfield><subfield code="1">01</subfield><subfield code="x">DE-LFER</subfield><subfield code="b">434026086X</subfield><subfield code="c">00</subfield><subfield code="f">--%%--</subfield><subfield code="d">--%%--</subfield><subfield code="e">n</subfield><subfield code="j">--%%--</subfield><subfield code="y">l01</subfield><subfield code="z">18-06-23</subfield></datafield><datafield tag="981" ind1=" " ind2=" "><subfield code="2">2403</subfield><subfield code="1">01</subfield><subfield code="x">DE-LFER</subfield><subfield code="r">https://doi.org/10.3390/jrfm15120576</subfield></datafield><datafield tag="981" ind1=" " ind2=" "><subfield code="2">2403</subfield><subfield code="1">01</subfield><subfield code="x">DE-LFER</subfield><subfield code="r">https://www.mdpi.com/1911-8074/15/12/576/pdf?version=1670576894</subfield></datafield></record></collection>
standort_str_mv	--%%--
standort_iln_str_mv	2403:--%%-- DE-LFER:--%%--
author	Liu, Fengyun
spellingShingle	Liu, Fengyun jelc R31 misc China misc financial risk misc real estate price misc regional difference misc spatial diffusion Formation of financial real estate risks and spatial interactions evidence from 35 cities in China
authorStr	Liu, Fengyun
ppnlink_with_tag_str_mv	@@773@@(DE-627)770970427
format	electronic Article
delete_txt_mv	keep
author_role	aut aut aut aut
typewithnormlink_str_mv	DifferentiatedPerson@(DE-588)1208341324 Person@(DE-588)1208341324 DifferentiatedPerson@(DE-588)1052818242 Person@(DE-588)1052818242 Person@(DE-588)1208341464 DifferentiatedPerson@(DE-588)1208341464 DifferentiatedPerson@(DE-588)1292728647 Person@(DE-588)1292728647
collection	KXP GVK SWB
remote_str	true
last_changed_iln_str_mv	26@02-06-23 2403@18-06-23
illustrated	Not Illustrated
issn	1911-8074
topic_title	R31 P34 jelc Formation of financial real estate risks and spatial interactions evidence from 35 cities in China Fengyun Liu, Honghao Ren, Chuanzhe Liu and Dejun Tan China (dpeaa)DE-206 financial risk (dpeaa)DE-206 real estate price (dpeaa)DE-206 regional difference (dpeaa)DE-206 spatial diffusion (dpeaa)DE-206
topic	jelc R31 misc China misc financial risk misc real estate price misc regional difference misc spatial diffusion
topic_unstemmed	jelc R31 misc China misc financial risk misc real estate price misc regional difference misc spatial diffusion
topic_browse	jelc R31 misc China misc financial risk misc real estate price misc regional difference misc spatial diffusion
format_facet	Elektronische Aufsätze Aufsätze Elektronische Ressource
standort_txtP_mv	--%%--
format_main_str_mv	Text Zeitschrift/Artikel
carriertype_str_mv	cr
hierarchy_parent_title	Journal of risk and financial management
normlinkwithtype_str_mv	(DE-588)1208341324@DifferentiatedPerson (DE-588)1208341324@Person (DE-588)1052818242@DifferentiatedPerson (DE-588)1052818242@Person (DE-588)1208341464@Person (DE-588)1208341464@DifferentiatedPerson (DE-588)1292728647@DifferentiatedPerson (DE-588)1292728647@Person
hierarchy_parent_id	770970427
signature	--%%--
signature_str_mv	--%%--
hierarchy_top_title	Journal of risk and financial management
isfreeaccess_txt	true
familylinks_str_mv	(DE-627)770970427 (DE-600)2739117-6 (DE-576)395129494
normlinkwithrole_str_mv	(DE-588)1208341324@@aut@@ (DE-588)1052818242@@aut@@ (DE-588)1208341464@@aut@@ (DE-588)1292728647@@aut@@
title	Formation of financial real estate risks and spatial interactions evidence from 35 cities in China
ctrlnum	(DE-627)1847339859 (DE-599)KXP1847339859
title_full	Formation of financial real estate risks and spatial interactions evidence from 35 cities in China Fengyun Liu, Honghao Ren, Chuanzhe Liu and Dejun Tan
author_sort	Liu, Fengyun
journal	Journal of risk and financial management
journalStr	Journal of risk and financial management
callnumber-first-code	-
lang_code	eng
isOA_bool	true
recordtype	marc
publishDateSort	2022
contenttype_str_mv	txt
container_start_page	1
author_browse	Liu, Fengyun Ren, Honghao Liu, Chuanzhe Tan, Dejun
selectkey	26:x 2403:l
container_volume	15
class	R31 P34 jelc
format_se	Elektronische Aufsätze
author-letter	Liu, Fengyun
title_sub	evidence from 35 cities in China
doi_str_mv	10.3390/jrfm15120576
normlink	1208341324 169460635X 1052818242 789071827 408547146 1208341464 169460666X 1292728647 1848991347
normlink_prefix_str_mv	(DE-588)1208341324 (DE-627)169460635X (DE-588)1052818242 (DE-627)789071827 (DE-576)408547146 (DE-588)1208341464 (DE-627)169460666X (DE-588)1292728647 (DE-627)1848991347
author2-role	verfasserin
title_sort	formation of financial real estate risks and spatial interactionsevidence from 35 cities in china
title_auth	Formation of financial real estate risks and spatial interactions evidence from 35 cities in China
abstract	The real estate prices in urban China have been soaring sharply since the commercialization reform of the housing market in 1998, but have suffered from downward pressure recently. In addition to the peculiarities of the state-owned land system, newly built houses dominate market across the vast territories of China, and this study of China will further the understanding of the financial real estate risks. Based on theoretical analyses, a spatial Durbin model is adopted to evaluate the financial real estate risks based on various sectors’ participation in the real estate market, because it can overcome the biased results brought about by the omission of possible spatial dependence. The results show the following: (1) the four sectors’ participation in the real estate market promotes the rise of real estate prices in the both local and other cities with spatial contagion effects, while the most important factors are different across regions; (2) the real estate price fluctuations, the local government’s land revenue, the bank credit provided to the real estate industry, the demand in the local city, and the real estate developers’ investments in other cities increase the local financial real estate risks, and there are strong spatial diffusion effects among the cities. This study sheds light on the roles of the various sectors’ participation in promoting the financial real estate risk as well as their spatial interactions from both theoretical and empirical aspects. Particularly, the different roles of local governments and real estate developers in China should be highlighted. The rules on the sector and spatial levels suggest that government policy should take the different features of various sectors and regions and spatial connections into account.
abstractGer	The real estate prices in urban China have been soaring sharply since the commercialization reform of the housing market in 1998, but have suffered from downward pressure recently. In addition to the peculiarities of the state-owned land system, newly built houses dominate market across the vast territories of China, and this study of China will further the understanding of the financial real estate risks. Based on theoretical analyses, a spatial Durbin model is adopted to evaluate the financial real estate risks based on various sectors’ participation in the real estate market, because it can overcome the biased results brought about by the omission of possible spatial dependence. The results show the following: (1) the four sectors’ participation in the real estate market promotes the rise of real estate prices in the both local and other cities with spatial contagion effects, while the most important factors are different across regions; (2) the real estate price fluctuations, the local government’s land revenue, the bank credit provided to the real estate industry, the demand in the local city, and the real estate developers’ investments in other cities increase the local financial real estate risks, and there are strong spatial diffusion effects among the cities. This study sheds light on the roles of the various sectors’ participation in promoting the financial real estate risk as well as their spatial interactions from both theoretical and empirical aspects. Particularly, the different roles of local governments and real estate developers in China should be highlighted. The rules on the sector and spatial levels suggest that government policy should take the different features of various sectors and regions and spatial connections into account.
abstract_unstemmed	The real estate prices in urban China have been soaring sharply since the commercialization reform of the housing market in 1998, but have suffered from downward pressure recently. In addition to the peculiarities of the state-owned land system, newly built houses dominate market across the vast territories of China, and this study of China will further the understanding of the financial real estate risks. Based on theoretical analyses, a spatial Durbin model is adopted to evaluate the financial real estate risks based on various sectors’ participation in the real estate market, because it can overcome the biased results brought about by the omission of possible spatial dependence. The results show the following: (1) the four sectors’ participation in the real estate market promotes the rise of real estate prices in the both local and other cities with spatial contagion effects, while the most important factors are different across regions; (2) the real estate price fluctuations, the local government’s land revenue, the bank credit provided to the real estate industry, the demand in the local city, and the real estate developers’ investments in other cities increase the local financial real estate risks, and there are strong spatial diffusion effects among the cities. This study sheds light on the roles of the various sectors’ participation in promoting the financial real estate risk as well as their spatial interactions from both theoretical and empirical aspects. Particularly, the different roles of local governments and real estate developers in China should be highlighted. The rules on the sector and spatial levels suggest that government policy should take the different features of various sectors and regions and spatial connections into account.
collection_details	GBV_USEFLAG_U GBV_ILN_26 ISIL_DE-206 SYSFLAG_1 GBV_KXP GBV_ILN_20 GBV_ILN_22 GBV_ILN_23 GBV_ILN_24 GBV_ILN_39 GBV_ILN_40 GBV_ILN_60 GBV_ILN_62 GBV_ILN_63 GBV_ILN_65 GBV_ILN_69 GBV_ILN_70 GBV_ILN_73 GBV_ILN_90 GBV_ILN_95 GBV_ILN_105 GBV_ILN_110 GBV_ILN_151 GBV_ILN_161 GBV_ILN_170 GBV_ILN_206 GBV_ILN_213 GBV_ILN_230 GBV_ILN_285 GBV_ILN_293 GBV_ILN_370 GBV_ILN_602 GBV_ILN_702 GBV_ILN_2006 GBV_ILN_2007 GBV_ILN_2009 GBV_ILN_2011 GBV_ILN_2014 GBV_ILN_2020 GBV_ILN_2026 GBV_ILN_2111 GBV_ILN_2129 GBV_ILN_4012 GBV_ILN_4037 GBV_ILN_4046 GBV_ILN_4112 GBV_ILN_4125 GBV_ILN_4126 GBV_ILN_4249 GBV_ILN_4305 GBV_ILN_4306 GBV_ILN_4307 GBV_ILN_4313 GBV_ILN_4322 GBV_ILN_4323 GBV_ILN_4324 GBV_ILN_4325 GBV_ILN_4326 GBV_ILN_4335 GBV_ILN_4338 GBV_ILN_4367 GBV_ILN_4700 GBV_ILN_2403 ISIL_DE-LFER
container_issue	12
title_short	Formation of financial real estate risks and spatial interactions
url	https://www.mdpi.com/1911-8074/15/12/576/pdf?version=1670576894 https://doi.org/10.3390/jrfm15120576 https://hdl.handle.net/10419/275053
ausleihindikator_str_mv	26 2403:n
rolewithnormlink_str_mv	@@aut@@(DE-588)1208341324 @@aut@@(DE-588)1052818242 @@aut@@(DE-588)1208341464 @@aut@@(DE-588)1292728647
remote_bool	true
author2	Ren, Honghao Liu, Chuanzhe Tan, Dejun
author2Str	Ren, Honghao Liu, Chuanzhe Tan, Dejun
ppnlink	770970427
GND_str_mv	Fengyun, Liu Liu Fengyun Liu, Fengyun Honghao Ren Honghao, Ren Ren, Honghao Liu Chuanzhe Chuanzhe, Liu Liu, Chuanzhe Tan Dejun Dejun, Tan Tan, Dejun
GND_txt_mv	Fengyun, Liu Liu Fengyun Liu, Fengyun Honghao Ren Honghao, Ren Ren, Honghao Liu Chuanzhe Chuanzhe, Liu Liu, Chuanzhe Tan Dejun Dejun, Tan Tan, Dejun
GND_txtF_mv	Fengyun, Liu Liu Fengyun Liu, Fengyun Honghao Ren Honghao, Ren Ren, Honghao Liu Chuanzhe Chuanzhe, Liu Liu, Chuanzhe Tan Dejun Dejun, Tan Tan, Dejun
mediatype_str_mv	c
isOA_txt	true
hochschulschrift_bool	false
doi_str	10.3390/jrfm15120576
callnumber-a	--%%--
up_date	2024-07-19T08:14:41.409Z
_version_	1804994484804517888
fullrecord_marcxml	<?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>01000caa a2200265 4500</leader><controlfield tag="001">1847339859</controlfield><controlfield tag="003">DE-627</controlfield><controlfield tag="005">20230925151113.0</controlfield><controlfield tag="007">cr uuu---uuuuu</controlfield><controlfield tag="008">230602s2022 xx \|\|\|\|\|o 00\| \|\|eng c</controlfield><datafield tag="024" ind1="7" ind2=" "><subfield code="a">10.3390/jrfm15120576</subfield><subfield code="2">doi</subfield></datafield><datafield tag="024" ind1="7" ind2=" "><subfield code="a">10419/275053</subfield><subfield code="2">hdl</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-627)1847339859</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)KXP1847339859</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-627</subfield><subfield code="b">ger</subfield><subfield code="c">DE-627</subfield><subfield code="e">rda</subfield></datafield><datafield tag="041" ind1=" " ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="084" ind1=" " ind2=" "><subfield code="a">R31</subfield><subfield code="a">P34</subfield><subfield code="2">jelc</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Liu, Fengyun</subfield><subfield code="e">verfasserin</subfield><subfield code="0">(DE-588)1208341324</subfield><subfield code="0">(DE-627)169460635X</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Formation of financial real estate risks and spatial interactions</subfield><subfield code="b">evidence from 35 cities in China</subfield><subfield code="c">Fengyun Liu, Honghao Ren, Chuanzhe Liu and Dejun Tan</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="c">2022</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="a">Text</subfield><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="a">Computermedien</subfield><subfield code="b">c</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="a">Online-Ressource</subfield><subfield code="b">cr</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="506" ind1="0" ind2=" "><subfield code="q">DE-206</subfield><subfield code="a">Open Access</subfield><subfield code="e">Controlled Vocabulary for Access Rights</subfield><subfield code="u">http://purl.org/coar/access_right/c_abf2</subfield></datafield><datafield tag="520" ind1=" " ind2=" "><subfield code="a">The real estate prices in urban China have been soaring sharply since the commercialization reform of the housing market in 1998, but have suffered from downward pressure recently. In addition to the peculiarities of the state-owned land system, newly built houses dominate market across the vast territories of China, and this study of China will further the understanding of the financial real estate risks. Based on theoretical analyses, a spatial Durbin model is adopted to evaluate the financial real estate risks based on various sectors’ participation in the real estate market, because it can overcome the biased results brought about by the omission of possible spatial dependence. The results show the following: (1) the four sectors’ participation in the real estate market promotes the rise of real estate prices in the both local and other cities with spatial contagion effects, while the most important factors are different across regions; (2) the real estate price fluctuations, the local government’s land revenue, the bank credit provided to the real estate industry, the demand in the local city, and the real estate developers’ investments in other cities increase the local financial real estate risks, and there are strong spatial diffusion effects among the cities. This study sheds light on the roles of the various sectors’ participation in promoting the financial real estate risk as well as their spatial interactions from both theoretical and empirical aspects. Particularly, the different roles of local governments and real estate developers in China should be highlighted. The rules on the sector and spatial levels suggest that government policy should take the different features of various sectors and regions and spatial connections into account.</subfield></datafield><datafield tag="540" ind1=" " ind2=" "><subfield code="q">DE-206</subfield><subfield code="a">Namensnennung 4.0 International</subfield><subfield code="f">CC BY 4.0</subfield><subfield code="2">cc</subfield><subfield code="u">https://creativecommons.org/licenses/by/4.0/</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">China</subfield><subfield code="7">(dpeaa)DE-206</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">financial risk</subfield><subfield code="7">(dpeaa)DE-206</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">real estate price</subfield><subfield code="7">(dpeaa)DE-206</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">regional difference</subfield><subfield code="7">(dpeaa)DE-206</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">spatial diffusion</subfield><subfield code="7">(dpeaa)DE-206</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Ren, Honghao</subfield><subfield code="e">verfasserin</subfield><subfield code="0">(DE-588)1052818242</subfield><subfield code="0">(DE-627)789071827</subfield><subfield code="0">(DE-576)408547146</subfield><subfield code="4">aut</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Liu, Chuanzhe</subfield><subfield code="e">verfasserin</subfield><subfield code="0">(DE-588)1208341464</subfield><subfield code="0">(DE-627)169460666X</subfield><subfield code="4">aut</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Tan, Dejun</subfield><subfield code="e">verfasserin</subfield><subfield code="0">(DE-588)1292728647</subfield><subfield code="0">(DE-627)1848991347</subfield><subfield code="4">aut</subfield></datafield><datafield tag="773" ind1="0" ind2="8"><subfield code="i">Enthalten in</subfield><subfield code="t">Journal of risk and financial management</subfield><subfield code="d">Basel : MDPI, 2008</subfield><subfield code="g">15(2022), 12 vom: Dez., Artikel-ID 576, Seite 1-21</subfield><subfield code="h">Online-Ressource</subfield><subfield code="w">(DE-627)770970427</subfield><subfield code="w">(DE-600)2739117-6</subfield><subfield code="w">(DE-576)395129494</subfield><subfield code="x">1911-8074</subfield><subfield code="7">nnns</subfield></datafield><datafield tag="773" ind1="1" ind2="8"><subfield code="g">volume:15</subfield><subfield code="g">year:2022</subfield><subfield code="g">number:12</subfield><subfield code="g">month:12</subfield><subfield code="g">elocationid:576</subfield><subfield code="g">pages:1-21</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="u">https://www.mdpi.com/1911-8074/15/12/576/pdf?version=1670576894</subfield><subfield code="x">Verlag</subfield><subfield code="z">kostenfrei</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="u">https://doi.org/10.3390/jrfm15120576</subfield><subfield code="x">Resolving-System</subfield><subfield code="z">kostenfrei</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="u">https://hdl.handle.net/10419/275053</subfield><subfield code="x">Resolving-System</subfield><subfield code="z">kostenfrei</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_USEFLAG_U</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_26</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ISIL_DE-206</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">SYSFLAG_1</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_KXP</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_20</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_22</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_23</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_24</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_39</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_40</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_60</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_62</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_63</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_65</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_69</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_70</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_73</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_90</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_95</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_105</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_110</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_151</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_161</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_170</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_206</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_213</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_230</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_285</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_293</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_370</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_602</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_702</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_2006</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_2007</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_2009</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_2011</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_2014</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_2020</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_2026</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_2111</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_2129</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_4012</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_4037</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_4046</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_4112</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_4125</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_4126</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_4249</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_4305</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_4306</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_4307</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_4313</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_4322</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_4323</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_4324</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_4325</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_4326</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_4335</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_4338</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_4367</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_4700</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_2403</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV_ILN_2403</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ISIL_DE-LFER</subfield></datafield><datafield tag="936" ind1="u" ind2="w"><subfield code="d">15</subfield><subfield code="j">2022</subfield><subfield code="e">12</subfield><subfield code="c">12</subfield><subfield code="i">576</subfield><subfield code="h">1-21</subfield></datafield><datafield tag="951" ind1=" " ind2=" "><subfield code="a">AR</subfield></datafield><datafield tag="952" ind1=" " ind2=" "><subfield code="d">15</subfield><subfield code="j">2022</subfield><subfield code="e">12</subfield><subfield code="c">12</subfield><subfield code="i">576</subfield><subfield code="h">1-21</subfield></datafield><datafield tag="980" ind1=" " ind2=" "><subfield code="2">26</subfield><subfield code="1">01</subfield><subfield code="x">0206</subfield><subfield code="b">4328908901</subfield><subfield code="y">x1z</subfield><subfield code="z">02-06-23</subfield></datafield><datafield tag="980" ind1=" " ind2=" "><subfield code="2">2403</subfield><subfield code="1">01</subfield><subfield code="x">DE-LFER</subfield><subfield code="b">434026086X</subfield><subfield code="c">00</subfield><subfield code="f">--%%--</subfield><subfield code="d">--%%--</subfield><subfield code="e">n</subfield><subfield code="j">--%%--</subfield><subfield code="y">l01</subfield><subfield code="z">18-06-23</subfield></datafield><datafield tag="981" ind1=" " ind2=" "><subfield code="2">2403</subfield><subfield code="1">01</subfield><subfield code="x">DE-LFER</subfield><subfield code="r">https://doi.org/10.3390/jrfm15120576</subfield></datafield><datafield tag="981" ind1=" " ind2=" "><subfield code="2">2403</subfield><subfield code="1">01</subfield><subfield code="x">DE-LFER</subfield><subfield code="r">https://www.mdpi.com/1911-8074/15/12/576/pdf?version=1670576894</subfield></datafield></record></collection>
score	7.400256

Nicht das Richtige dabei?

Schreiben Sie uns!

Formation of financial real estate risks and spatial interactions : evidence from 35 cities in China

Nicht das Richtige dabei?

Zugang & Verfügbarkeit

Vorhandene Bände

Nicht das Richtige dabei?