This page has only limited features, please log in for full access.

Prof. Jing LI
Department of Geography and Resource Management, Chinese University of Hong Kong, Shatin 999077, Hong Kong

Basic Info

Basic Info is private.

Research Keywords & Expertise

0 Housing Policy
0 Land Use
0 Real Estate Economics
0 Urbanization
0 Building energy efficiency

Fingerprints

Land Use
Urbanization

Honors and Awards

The user has no records in this section


Career Timeline

The user has no records in this section.


Short Biography

The user biography is not available.
Following
Followers
Co Authors
The list of users this user is following is empty.
Following: 0 users

Feed

Articles
Published: 05 June 2020 in International Journal of Urban Sciences
Reads 0
Downloads 0

Based on the methods of distribution dynamics analysis, this study estimates the regional housing price disparity across China’s eastern, central and western regions. Analysis from decomposition of housing price growth rate by subgroup indicates that the disparity is largely due to intra-regional rather than inter-regional differences. Eastern region contributes the most to the disparity of housing prices, followed by the Central region and the Western region. Ergodic distributions reveal that Eastern region with housing price growth rates from 4% to 7% tend to move upwards in the coming period, while in the Central and Western regions housing prices tend to converge to no change of housing prices. Mobility probability plot result further suggests that medium sized housing may have higher probability for price growth. The findings help better understand the regional disparity of housing price in China, an issue that has largely been neglected. Long-standing inequality across regions can exert adverse impact on poverty reduction, economic development, and even social stability. The research implications will enable scholars and policymakers to rethink the impact of homeownership financialization when discussing and designing housing policies.

ACS Style

Tsun Se Cheong; Jing Li; Wui Wing Cheng. Distribution dynamics of China’s regional housing price disparity. International Journal of Urban Sciences 2020, 25, 51 -70.

AMA Style

Tsun Se Cheong, Jing Li, Wui Wing Cheng. Distribution dynamics of China’s regional housing price disparity. International Journal of Urban Sciences. 2020; 25 (1):51-70.

Chicago/Turabian Style

Tsun Se Cheong; Jing Li; Wui Wing Cheng. 2020. "Distribution dynamics of China’s regional housing price disparity." International Journal of Urban Sciences 25, no. 1: 51-70.

Journal article
Published: 08 May 2020 in Land
Reads 0
Downloads 0

The traditional linear regression model of mass appraisal is increasingly unable to satisfy the standard of mass appraisal with large data volumes, complex housing characteristics and high accuracy requirements. Therefore, it is essential to utilize the inherent spatial-temporal characteristics of properties to build a more effective and accurate model. In this research, we take Beijing’s core area, a typical urban center, as the study area of modeling for the first time. Thousands of real transaction data sets with a time span of 2014, 2016 and 2018 are conducted at the community level (community annual average price). Three different models, including multiple regression analysis (MRA) with ordinary least squares (OLS), geographically weighted regression (GWR) and geographically and temporally weighted regression (GTWR), are adopted for comparative analysis. The result indicates that the GTWR model, with an adjusted R2 of 0.8192, performs better in the mass appraisal modeling of real estate. The comparison of different models provides a useful benchmark for policy makers regarding the mass appraisal process of urban centers. The finding also highlights the spatial characteristics of price-related parameters in high-density residential areas, providing an efficient evaluation approach for planning, land management, taxation, insurance, finance and other related fields.

ACS Style

Daikun Wang; Victor Jing Li; Huayi Yu. Mass Appraisal Modeling of Real Estate in Urban Centers by Geographically and Temporally Weighted Regression: A Case Study of Beijing’s Core Area. Land 2020, 9, 143 .

AMA Style

Daikun Wang, Victor Jing Li, Huayi Yu. Mass Appraisal Modeling of Real Estate in Urban Centers by Geographically and Temporally Weighted Regression: A Case Study of Beijing’s Core Area. Land. 2020; 9 (5):143.

Chicago/Turabian Style

Daikun Wang; Victor Jing Li; Huayi Yu. 2020. "Mass Appraisal Modeling of Real Estate in Urban Centers by Geographically and Temporally Weighted Regression: A Case Study of Beijing’s Core Area." Land 9, no. 5: 143.

Journal article
Published: 20 December 2019 in International Journal of Strategic Property Management
Reads 0
Downloads 0

Based on the monthly data of 35 cities during the period 2006−2017, this study adopts a recursive forward looking method to detect the presence of housing bubbles and investigate their potential cyclical patterns in China’s large and medium sized cities. Empirical results show that the number of cities reporting housing bubbles has been increasing since 2013, before it declined in 2017. Regarding regional disparities of housing bubbles, 1st-tier and 1.5-tier cities have higher probability than 2nd-tier cities for housing bubbles. In general, eastern region cities have more housing bubbles than central and western region cities, which may indicate the problem of shrinking cities China is facing nowadays. Bubble signals for market correction in major cities and municipalities seemed alarming in particular for the period 2013−2016, however it is difficult to conclude if the market adjustment in 2017 indicates a cyclical pattern.

ACS Style

Jing Li; Yigang Wei; Yat Hung Chiang. BUBBLES OR CYCLES? HOUSING PRICE DYNAMICS IN CHINA’S MAJOR CITIES. International Journal of Strategic Property Management 2019, 24, 90 -101.

AMA Style

Jing Li, Yigang Wei, Yat Hung Chiang. BUBBLES OR CYCLES? HOUSING PRICE DYNAMICS IN CHINA’S MAJOR CITIES. International Journal of Strategic Property Management. 2019; 24 (2):90-101.

Chicago/Turabian Style

Jing Li; Yigang Wei; Yat Hung Chiang. 2019. "BUBBLES OR CYCLES? HOUSING PRICE DYNAMICS IN CHINA’S MAJOR CITIES." International Journal of Strategic Property Management 24, no. 2: 90-101.

Review
Published: 08 December 2019 in Sustainability
Reads 0
Downloads 0

With the increasing volume and active transaction of real estate properties, mass appraisal has been widely adopted in many countries for different purposes, including assessment of property tax. In this paper, 104 papers are selected for the systematic literature review of mass appraisal models and methods from 2000 to 2018. The review focuses on the application trend and classification of mass appraisal and highlights a 3I-trend, namely AI-Based model, GIS-Based model and MIX-Based model. The characteristics of different mass appraisal models are analyzed and compared. Finally, the future trend of mass appraisal based on model perspective is defined as “mass appraisal 2.0”: mass appraisal is the appraisal procedure of model establishment, analysis and test of group of properties as of a given date, combined with artificial intelligence, geo-information systems, and mixed methods, to better model the real estate value of non-spatial and spatial data.

ACS Style

Daikun Wang; Victor Jing Li. Mass Appraisal Models of Real Estate in the 21st Century: A Systematic Literature Review. Sustainability 2019, 11, 7006 .

AMA Style

Daikun Wang, Victor Jing Li. Mass Appraisal Models of Real Estate in the 21st Century: A Systematic Literature Review. Sustainability. 2019; 11 (24):7006.

Chicago/Turabian Style

Daikun Wang; Victor Jing Li. 2019. "Mass Appraisal Models of Real Estate in the 21st Century: A Systematic Literature Review." Sustainability 11, no. 24: 7006.

Journal article
Published: 17 September 2019 in The Singapore Economic Review
Reads 0
Downloads 0

This paper examines the pattern and evolution trend of foreign investment in China through combining decomposition analysis and framework of transitional dynamics. It is recognized that inter-regional disparity contributes the most to China’s disparity in foreign investment. Stochastic kernel analyses are then performed for the country and the economic zones regarding the foreign investment trend. It is concluded that convergence of foreign investment to the country’s mean cannot be attained and continues to locate at the lower end. This analysis offers illuminating insights on the evolution of foreign investment in China across time.

ACS Style

Tsun Se Cheong; Andy W. W. Cheng; Victor Li. EVOLUTIONARY TREND OF FOREIGN INVESTMENT IN CHINA: A COMBINED DECOMPOSITION AND TRANSITIONAL DYNAMICS APPROACH. The Singapore Economic Review 2019, 64, 1037 -1055.

AMA Style

Tsun Se Cheong, Andy W. W. Cheng, Victor Li. EVOLUTIONARY TREND OF FOREIGN INVESTMENT IN CHINA: A COMBINED DECOMPOSITION AND TRANSITIONAL DYNAMICS APPROACH. The Singapore Economic Review. 2019; 64 (4):1037-1055.

Chicago/Turabian Style

Tsun Se Cheong; Andy W. W. Cheng; Victor Li. 2019. "EVOLUTIONARY TREND OF FOREIGN INVESTMENT IN CHINA: A COMBINED DECOMPOSITION AND TRANSITIONAL DYNAMICS APPROACH." The Singapore Economic Review 64, no. 4: 1037-1055.

Book chapter
Published: 01 January 2019 in Handbook on Urban Development in China
Reads 0
Downloads 0

China’s rapid urbanization process has rendered a separation of land tenures in the urban area: state-owned urban land and urban villages under collective ownership. This chapter unveils the historical and institutional backdrop of this phenomenon. It is followed by an assessment of informal housing development, considering the economic efficiency with commercial and industrial land use associated with urban villages. The absence of the state in developmental controls for urban villages is considered influential in the formation of urban villages. Existing studies reveal that the institutional problems associated with urban villages include incomplete and ambiguous property rights, insecure land tenure and unequal land use rights, and the tragedy of common problem in collective land transactions. It is concluded with a reflection on the government’s role in China’s economic development and its implications for understanding the urbanization dynamics.

ACS Style

Jing Li. Urban villages in China: historical and institutional perspectives. Handbook on Urban Development in China 2019, 234 -247.

AMA Style

Jing Li. Urban villages in China: historical and institutional perspectives. Handbook on Urban Development in China. 2019; ():234-247.

Chicago/Turabian Style

Jing Li. 2019. "Urban villages in China: historical and institutional perspectives." Handbook on Urban Development in China , no. : 234-247.

Journal article
Published: 13 February 2018 in China Economic Review
Reads 0
Downloads 0

One critical factor that affects China's achievement of its peak emission by 2030 is total electricity demand. The aim of this study is to examine regional disparity in electricity consumption in China. The analysis is based on a panel database which is compiled at the provincial level. A distributional dynamics approach is then employed to reveal the trend and movement of each province within the distributions in different regional groupings. The mobility probability plot (MPP) is also employed to provide detailed information on the probability of change in electricity consumption. The results demonstrate significant divergence presents across provinces, over time and within different regional groups. The results can pinpoint the transition mechanism within each region so that appropriate energy policy can be formulated to accommodate future demand in electricity for different regions in China. The results suggest that regional specific energy efficiency policy is needed.

ACS Style

Tsun Se Cheong; Victor Jing Li; Xunpeng Shi. Regional disparity and convergence of electricity consumption in China: A distribution dynamics approach. China Economic Review 2018, 58, 101154 .

AMA Style

Tsun Se Cheong, Victor Jing Li, Xunpeng Shi. Regional disparity and convergence of electricity consumption in China: A distribution dynamics approach. China Economic Review. 2018; 58 ():101154.

Chicago/Turabian Style

Tsun Se Cheong; Victor Jing Li; Xunpeng Shi. 2018. "Regional disparity and convergence of electricity consumption in China: A distribution dynamics approach." China Economic Review 58, no. : 101154.

Journal article
Published: 01 November 2017 in Regional Science and Urban Economics
Reads 0
Downloads 0
ACS Style

Victor Li; Andy Wui Wing Cheng; Tsun Se Cheong. Home purchase restriction and housing price: A distribution dynamics analysis. Regional Science and Urban Economics 2017, 67, 1 -10.

AMA Style

Victor Li, Andy Wui Wing Cheng, Tsun Se Cheong. Home purchase restriction and housing price: A distribution dynamics analysis. Regional Science and Urban Economics. 2017; 67 ():1-10.

Chicago/Turabian Style

Victor Li; Andy Wui Wing Cheng; Tsun Se Cheong. 2017. "Home purchase restriction and housing price: A distribution dynamics analysis." Regional Science and Urban Economics 67, no. : 1-10.

Preprint
Published: 21 April 2016 in SSRN Electronic Journal
Reads 0
Downloads 0

This paper analyzes the housing markets and housing policies in Hong Kong, China and the People’s Republic of China (PRC). Both markets face housing affordability problems due to limited land supply, for which the solutions vary considerably. Hong Kong, China has adopted a railway and property development model, which involves close collaboration between the government and property developers in compact urban areas, while leaving most greenbelts and surrounding islands underdeveloped. Although the PRC has pledged to maintain a minimum level of basic farmland to feed its large population, this target has often been compromised due to local governments’ fiscal constraints and growth concerns.

ACS Style

Jing Li. Housing Policies in Hong Kong, China and the People's Republic of China. SSRN Electronic Journal 2016, 1 .

AMA Style

Jing Li. Housing Policies in Hong Kong, China and the People's Republic of China. SSRN Electronic Journal. 2016; ():1.

Chicago/Turabian Style

Jing Li. 2016. "Housing Policies in Hong Kong, China and the People's Republic of China." SSRN Electronic Journal , no. : 1.

Journal article
Published: 01 February 2016 in Journal of Construction Engineering and Management
Reads 0
Downloads 0

This study investigates whether existing residential buildings can be repaired and maintained with alternative mixes of materials to maximize social, economic, or environmental benefits through a case study of a residential building repair and maintenance projects in Hong Kong. Based on optimization techniques, through a portfolio of materials two of the three objectives in building maintenance works can be achieved: employment generation, lifecycle cost reduction, and carbon emission reduction. These materials are different from the original ones used in the floors, walls, ceilings, waterproofing, and doors. The findings enhance the sustainability performance of the global building construction sector in overcoming the universal barriers to implementing energy-efficient buildings, namely, high initial cost, weak enforcement of government policies, and uncertainty of returns. The prototype model suggests that a portfolio of materials can be constructed to achieve two objectives at any given time, with the third objective acting as a constraint. The optimization techniques enable the global building construction sector to strike a balance among economic, social, and environmental benefits and constraints in maintenance works.

ACS Style

Yat Hung Chiang; Victor Li; Lu Zhou; Francis Wong; Patrick T I Lam. Evaluating Sustainable Building-Maintenance Projects: Balancing Economic, Social, and Environmental Impacts in the Case of Hong Kong. Journal of Construction Engineering and Management 2016, 142, 06015003 .

AMA Style

Yat Hung Chiang, Victor Li, Lu Zhou, Francis Wong, Patrick T I Lam. Evaluating Sustainable Building-Maintenance Projects: Balancing Economic, Social, and Environmental Impacts in the Case of Hong Kong. Journal of Construction Engineering and Management. 2016; 142 (2):06015003.

Chicago/Turabian Style

Yat Hung Chiang; Victor Li; Lu Zhou; Francis Wong; Patrick T I Lam. 2016. "Evaluating Sustainable Building-Maintenance Projects: Balancing Economic, Social, and Environmental Impacts in the Case of Hong Kong." Journal of Construction Engineering and Management 142, no. 2: 06015003.

Journal article
Published: 14 August 2014 in Journal of Cleaner Production
Reads 0
Downloads 0

Hong Kong's construction industry is currently facing problems involving a rapidly aging workforce and labor shortage. With Hong Kong as the case study, this paper illustrates how existing residential buildings can be repaired and maintained using alternative materials, in order to minimize life-cycle labor inputs, costs, or carbon emissions. With different combinations of repair and maintenance materials, two of the three objectives can be achieved at any one time, when labor inputs, costs, and carbon emissions are set as separate constraints. With our methodology, we are able to identify materials that would cost the least, emit minimum carbon levels, and require the right levels of labor resources in relation to residential building maintenance. These can support the adoption of green technologies that suit the socio-economic and physical environment of Hong Kong.

ACS Style

Yat Hung Chiang; Jing Li; Lu Zhou; Francis K.W. Wong; Patrick T.I. Lam. The nexus among employment opportunities, life-cycle costs, and carbon emissions: a case study of sustainable building maintenance in Hong Kong. Journal of Cleaner Production 2014, 109, 326 -335.

AMA Style

Yat Hung Chiang, Jing Li, Lu Zhou, Francis K.W. Wong, Patrick T.I. Lam. The nexus among employment opportunities, life-cycle costs, and carbon emissions: a case study of sustainable building maintenance in Hong Kong. Journal of Cleaner Production. 2014; 109 ():326-335.

Chicago/Turabian Style

Yat Hung Chiang; Jing Li; Lu Zhou; Francis K.W. Wong; Patrick T.I. Lam. 2014. "The nexus among employment opportunities, life-cycle costs, and carbon emissions: a case study of sustainable building maintenance in Hong Kong." Journal of Cleaner Production 109, no. : 326-335.

Preprint
Published: 01 July 2014 in SSRN Electronic Journal
Reads 0
Downloads 0

This working paper provides preliminary insights into the housing attitudes and aspirations of Hong Kong’s post-80s generation. In particular, the concern is why Hong Kong’s younger generation faces a similar situation to that of many other countries: a failure to launch (i.e., from parental home to independent living) among young adults. A number of factors contribute to this phenomenon, such as demographic structure, social cognition, and behavioural characteristics. Yet our survey suggests that economic constraints are probably the major reason to account for young people’s late departure from parental home.

ACS Style

Jing Victor Li. 'I Am Not Leaving Home': Post-80s' Housing Attitudes and Aspirations in Hong Kong. SSRN Electronic Journal 2014, 1 .

AMA Style

Jing Victor Li. 'I Am Not Leaving Home': Post-80s' Housing Attitudes and Aspirations in Hong Kong. SSRN Electronic Journal. 2014; ():1.

Chicago/Turabian Style

Jing Victor Li. 2014. "'I Am Not Leaving Home': Post-80s' Housing Attitudes and Aspirations in Hong Kong." SSRN Electronic Journal , no. : 1.

Journal article
Published: 01 September 2013 in Journal of Construction Engineering and Management
Reads 0
Downloads 0

This study investigates how firm attributes affect construction contractors’ efficiency in Hong Kong and Mainland China, from the period 2004 to 2010. This study finds that the efficiency of Hong Kong contractors is associated with their managerial capability to control business costs and financial capability to manage both short-term and long-term capital liquidity. The efficiency of Mainland China contractors is also associated with their managerial capability to control business and administrative costs but not with their financial capability to maintain capital liquidity. Theoretically, this study shows that managerial and technological abilities are two common factors that transcend different institutions and systems. Hong Kong is the freest economy in the world, whereas the economy of Mainland China is more regulated. Methodologically, data envelopment analysis is adopted to establish the efficiency scores of contractors to be analyzed by panel data regression, which controls individual contractor’s return to scale. Few construction competitiveness studies have attempted this methodological process, which can be replicated for future research in other countries, at different stages of their economic development, to ensure equally useful measures for cross-country comparison and to promote the sustainable developments of their construction industries.

ACS Style

Jing Li; Yat Hung Chiang; Tracy N. Y. Choi; King Fai Man. Determinants of Efficiency of Contractors in Hong Kong and China: Panel Data Model Analysis. Journal of Construction Engineering and Management 2013, 139, 1211 -1223.

AMA Style

Jing Li, Yat Hung Chiang, Tracy N. Y. Choi, King Fai Man. Determinants of Efficiency of Contractors in Hong Kong and China: Panel Data Model Analysis. Journal of Construction Engineering and Management. 2013; 139 (9):1211-1223.

Chicago/Turabian Style

Jing Li; Yat Hung Chiang; Tracy N. Y. Choi; King Fai Man. 2013. "Determinants of Efficiency of Contractors in Hong Kong and China: Panel Data Model Analysis." Journal of Construction Engineering and Management 139, no. 9: 1211-1223.

Journal article
Published: 15 February 2013 in Journal of Facilities Management
Reads 0
Downloads 0
ACS Style

Yat Hung Chiang; Jing Li; Tracy N.Y. Choi; King Fai Man. Evaluating construction contractors' efficiency in Hong Kong using Data Envelopment Analysis Assurance Region model. Journal of Facilities Management 2013, 11, 52 -68.

AMA Style

Yat Hung Chiang, Jing Li, Tracy N.Y. Choi, King Fai Man. Evaluating construction contractors' efficiency in Hong Kong using Data Envelopment Analysis Assurance Region model. Journal of Facilities Management. 2013; 11 (1):52-68.

Chicago/Turabian Style

Yat Hung Chiang; Jing Li; Tracy N.Y. Choi; King Fai Man. 2013. "Evaluating construction contractors' efficiency in Hong Kong using Data Envelopment Analysis Assurance Region model." Journal of Facilities Management 11, no. 1: 52-68.

Journal article
Published: 31 January 2011 in Habitat International
Reads 0
Downloads 0

This paper reviews how central–local government conflicts pertaining to financial systems, fiscal distribution and land usage have affected the property cycle in China over the past two decades. The literature divides the property cycle in terms of residential construction into 3 stages: Pilot Experimental, Double Track, and Complete Commercialization. At each stage, there are persistent and repetitive conflicts over financial, fiscal and land resources between central and local governments. When the central government takes control, the property market turns to adjustment; when local governments gain advantage, a property boom emerges. As commodity market reform steps forward, the central government’s influence on property adjustment is gradually lessened; while local governments’ impact on property boom is increasingly intensified. Analysis of literature also indicates that China’s property cycle is not well explained by economic fundamentals alone, for government conflicts have invalidated or lessened their impacts on the property sector.

ACS Style

Jing Li; Yat-Hung Chiang; Lennon Choy. Central–local conflict and property cycle: A Chinese style. Habitat International 2011, 35, 126 -132.

AMA Style

Jing Li, Yat-Hung Chiang, Lennon Choy. Central–local conflict and property cycle: A Chinese style. Habitat International. 2011; 35 (1):126-132.

Chicago/Turabian Style

Jing Li; Yat-Hung Chiang; Lennon Choy. 2011. "Central–local conflict and property cycle: A Chinese style." Habitat International 35, no. 1: 126-132.