分享人：张洁

地点：经管中楼415会议室

主办方：经济与管理学院

开始时间：2026年11月25日14:00

结束时间：2026年11月25日15:00

学习交流主题：Heat Waves and Housing Markets: Assessing the Effects on Real Estate Prices in China

交流内容简介：The risks brought about by climate change are complex and varied. A comprehensive study of the economic impact of climate change on various industries can help take proactive measures to enhance economic resilience. We use the panel data samples of monthly data at city level from 2010 to 2020 in China to explore the effects and mechanisms of heatwaves on real estate prices. Our research finds that for every 1 unit increase in standardized temperature, it will reduce housing prices by approximately CNY110 per square meter. The heterogeneity analyses indicate that in inland areas, areas with high fiscal pressure, and good development of the primary industry, this impact is even stronger. In addition, the exploration of potential mechanisms indicates that extreme high temperatures will reduce the proportion of employed people in the secondary industry, increase the proportion of employed people in the tertiary industry, reduce employment opportunities, inhibit agricultural development, and lower the willingness of foreign investment. These factors will lead to a decrease in housing prices from the demand side. This study analyzed the potential impact of climate risk on property value, contributing to a better understanding of the uncertain market environment.

分享人简介：张洁，暨南大学经济系博士研究生，研究方向聚焦于气候变化经济学和区域经济学领域。近年来在《Environmental and Resource Economics》、《Ecological Economics》、《Energy Economics》等国际权威期刊发表多篇SSCI/SCI论文，研究成果被广泛引用。并担任《Nature Climate Change》《Humanities and Social Sciences Communications》《Economic Analysis and Policy》《Journal of Asian Economics》等多本期刊的审稿人。