首页|The role of government emergency response capability in regional governance: evidence from the COVID-19 outbreak impact on the housing market
The role of government emergency response capability in regional governance: evidence from the COVID-19 outbreak impact on the housing market
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NSTL
Springer Nature
Government emergency response capability is an important part of the government governance level, but its performance and role are difficult to be observed and tested. This paper investigates the role of government emergency response capability in regional governance, using the example of Chinese local governments. It leverages the external shock of the COVID-19 outbreak on the regional housing market and examines the moderating effects of government emergency response capability on COVID-19's impact on housing prices. The study found that the COVID-19 outbreak caused differentiated negative shocks to the regional housing market in the early stage; there was a clear feedback mechanism between the housing market and the government emergency response capability, and good local government emergency response capability could effectively reduce the negative impact of the pandemic on the housing market in the later stage; compared with social prevention and control policies, economic support policies were more effective in the later stage of the pandemic. These findings contribute to a deeper understanding of the differentiated emergency prevention and control capability of local governments in the housing market.
Government emergency response capabilityCoronavirus disease (COVID-19) pandemicHousing marketPublic health emergency
Fengfu Mao、Yuanfan Wang、Xiaowen Yu
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School of Economics, Zhejiang Gongshang University, No. 18, Xuezheng Street, Hangzhou 310018, PR China
Party School of the Central Committee of CPC (National Academy of Governance), Beijing 100091, PR China
NETL
NSTL
Springer Nature
