Chong, Terence Tai-Leung; Shui, Kenny Chi-Wai; Wong, … - In: China Economic Review 30 (2014) C, pp. 180-191
Tse and Chan (2003) investigated the relationship between property sales price and the value of commuting time without accounting for the fact that property sales price is subject to the inherent limitation of containing speculative elements. A better measure to use for such a study would be the...