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The Quality of Life in England and Wales

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  • Sylaja Srinivasan
  • Geoff Stewart
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    Abstract

    Local amenities play an important role in determining where we choose to live and our overall quality of life (QOL). In many cases, however, amenities do not have prices and will therefore be underprovided by the market. In this paper, we use individual and county level data for England and Wales to estimate implicit amenity prices and to calculate an index of QOL for each county. Among our findings is a large negative price on air pollution. The range in QOL across counties is estimated to be in excess of 2,000 pounds per year. Copyright 2004 Blackwell Publishing Ltd.

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    Bibliographic Info

    Article provided by Department of Economics, University of Oxford in its journal Oxford Bulletin of Economics & Statistics.

    Volume (Year): 66 (2004)
    Issue (Month): 1 (02)
    Pages: 1-22

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    Handle: RePEc:bla:obuest:v:66:y:2004:i:1:p:1-22

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    Cited by:
    1. Moro, Mirko & Brereton, Finbarr & Ferreira, Susana & Clinch, J. Peter, 2008. "Ranking quality of life using subjective well-being data," Ecological Economics, Elsevier, Elsevier, vol. 65(3), pages 448-460, April.
    2. Lee, J. & Stewart, G., 2009. "Implicit amenity prices and the location of retirees in England and Wales," Discussion Paper Series In Economics And Econometrics 0914, Economics Division, School of Social Sciences, University of Southampton.
    3. Raul da Mota Silveira Neto, 2006. "Preferência Revelada E Arbitragem Espacial: Determinando Um Ranking De Qualidade De Vida Para As Regiões Metropolitanas Do Brasil," Anais do XXXIV Encontro Nacional de Economia [Proceedings of the 34th Brazilian Economics Meeting], ANPEC - Associação Nacional dos Centros de Pósgraduação em Economia [Brazilian Association of G 75, ANPEC - Associação Nacional dos Centros de Pósgraduação em Economia [Brazilian Association of Graduate Programs in Economics].
    4. Don J. Webber & Michael Horswell, 2009. "Microeconomic foundations of geographical variations in labour productivity," Working Papers 0913, Department of Accounting, Economics and Finance, Bristol Business School, University of the West of England, Bristol.

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