Unexpected costs: the impact of Long-Term Care Insurance on housing prices
Xin Yang e outros, 2025 · Frontiers in Public Health
Implementation of China's Long-Term Care Insurance pilot program increased average city-level housing prices by approximately 8.6 log points.
Estimativa · log annual average housing price
0,0860 [0,0390; 0,133]
log points · calculado a partir do erro-padrão
p: ***
- Desenho
- Diferenças em diferenças. staggered difference-in-differences with city and year fixed effects
- População
- 285 prefecture-level cities across China from 2003 to 2022
- Amostra
- 5.024 · city-year observations
Onde está o número
Table 3, row 'LTCI', column (2)
LTCI | 0.081*** (0.025) | 0.086*** (0.024)
Contexto
What changed: Rollout of pilot Long-Term Care Insurance schemes offering daily living care and medical care reimbursement for long-term disabled residents. Comparison: Staggered difference-in-differences comparing pilot cities with non-pilot cities across 2003–2022, controlling for city and year fixed effects. Limits: Migration mechanisms rely on provincial-level data; insurance eligibility in many cities remained limited to urban employee health insurance enrollees.
Caminho no grafo
- FamíliaTransferências, subsídios e financiamento
- TipoSeguro público
- EixoMoradia
MAGI só cita evidência deste instrumento
Lugares do estudo
- China · País · CN
- Licença
- CC-BY
- Revisão
- Extraído por máquina, não revisadoExtraído por: gemini-3.8-flash, 2026-10-23