Abstract
The Yangtze River Delta region is one of the economic
centers in China and also a hub for innovation activities in the country. The
knowledge spillover in the Yangtze River Delta region is not only significant
for the region itself but also for the entire nation. At the same time, the
high housing prices in the Yangtze River Delta region may have an impact on the
knowledge spillover within the region. This study examines the influence of
housing prices on knowledge spillover in the major cities of the Yangtze River
Delta region based on data from 2001 to 2019. The findings reveal that high
housing prices in cities generally have a significant negative effect on
knowledge spillover. The magnitude of this effect varies across different
measures of knowledge spillover.
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