Quality of life, firm productivity, and the value of amenities across Canadian cities
AbstractWe estimate qualityoflife and productivity differences across Canada's metropolitan areas in a hedonic generalequilibrium framework. These are based on the estimated willingnesstopay of heterogeneous households and firms to locate in various cities, which differ in their wage levels, housing costs, and land values. Using 2006 Canadian Census data, our metropolitan qualityoflife estimates are somewhat consistent with popular rankings, yet find Canadians care more about climate and culture. Quality of life is highest in Victoria for anglophones, Montreal for francophones, and Vancouver for allophones, and lowest in more remote cities. Toronto is Canada's most productive city; Vancouver is the overall most valuable city.
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Bibliographic InfoArticle provided by Canadian Economics Association in its journal Canadian Journal of Economics.
Volume (Year): 46 (2013)
Issue (Month): 2 (May)
Contact details of provider:
Postal: Canadian Economics Association Prof. Steven Ambler, Secretary-Treasurer c/o Olivier Lebert, CEA/CJE/CPP Office C.P. 35006, 1221 Fleury Est Montréal, Québec, Canada H2C 3K4
Web page: http://economics.ca/cje/
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Other versions of this item:
- David Albouy & Fernando Leibovici & Casey Warman, 2012. "Quality of Life, Firm Productivity, and the Value of Amenities across Canadian Cities," NBER Working Papers 18103, National Bureau of Economic Research, Inc.
- David Albouy & Fernando Leibovici & Casey Warman, 2012. "Quality of Life, Firm Productivity, and the Value of Amenities across Canadian Cities," Working Papers 1287, Queen's University, Department of Economics.
- J61 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Geographic Labor Mobility; Immigrant Workers
- R1 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics
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- David Albouy, 2010.
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16144, National Bureau of Economic Research, Inc.
- Albouy, David, 2012. "Evaluating the efficiency and equity of federal fiscal equalization," Journal of Public Economics, Elsevier, vol. 96(9-10), pages 824-839.
- Thomas Murray & David Maddison & Katrin Rehdanz, 2013.
"Do Geographical Variations In Climate Influence Life-Satisfaction?,"
Climate Change Economics (CCE),
World Scientific Publishing Co. Pte. Ltd., vol. 4(01), pages 1350004-1-1.
- Thomas Murray & David Maddison & Katrin Rehdanz, 2011. "Do Geographical Variations in Climate Influence Life Satisfaction?," Kiel Working Papers 1694, Kiel Institute for the World Economy.
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