从土地买卖中研究住房价格、土地供给和收入中英翻译毕业论文（设计）.doc

HOUSING PRICE, LAND SUPPLY AND REVENUE FROM LAND SALES [Paper first received, January 1997; in final form, June 1997] Summary. In a recent study, Peng and Wheaton empirically examine the effect of restrictive land supply on Hong Kong house prices. However, we argue that the impact of the supply o