【摘要】 人才要素是城市生产性服务业集聚发展的关键，然而城市住房负担已成为聚集青年人才的一大障碍。近年来各城市相继实施了针对青年人才的住房补贴政策。文章基于2010～2019年69个大中城市数据，使用多期双重差分法实证分析了住房补贴政策对城市生产性服务业集聚的影响。研究发现，住房补贴政策显著提升了城市生产性服务业集聚水平，其政策效应在房价较高和毕业生资源较多的城市尤为显著；租房补贴和保障性住房政策在上述城市的效应明显高于购房补贴政策。机制分析发现，住房补贴政策增加了城市对青年人才的吸引力，促进了人才聚集，进而提高了城市生产性服务业集聚水平。文章的发现为各城市制定适宜的住房补贴政策吸引聚集人才和促进生产性服务业集聚提供了重要的政策启示。更多还原

【Abstract】 Talent factor is the key to the agglomeration of productive service industry in cities, yet the weight of urban high housing costs has emerged as a formidable barrier to gather young talents. In response, cities have successively implemented housing subsidies for young talents in recent years. Based on data from 69 large and medium-sized cities from 2010 to 2019, this research employs a difference-in-differences model to empirically analyze the impact of housing subsidies on the agglomeration of productive service industries. The results show that the housing subsidies have significantly improved the level of agglomeration of productive service industries, with a particularly pronounced effect in cities characterized by higher housing prices and more educated human resources. Notably, the impact of rental subsidies and affordable housing policies in the above cities stands out prominently, surpassing that of housing purchase subsidies. The mechanism analysis reveals that these subsidies have enhanced the attractiveness of cities for young talents, fostering their aggregation and, in turn, elevating the level of agglomeration of productive service industries.These insights offer crucial policy implications for cities formulating the suitable housing subsidies that can effectively gather talents, thereby driving the agglomeration of productive service industries.更多还原