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Quality of Life in Urban Neighborhoods in Costa Rica

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  • Roger Madrigal
  • Juan Robalino
  • Luis J. Hall

Abstract

This paper considers valuation of amenities in urban neighborhoods and satisfaction with both those neighborhoods and life in general. First, rents are used to estimate neighborhood amenities price in San Jose, which explain 39 percent of the standardized variation of rents. Some districts rank very high in housing characteristics but poorly in neighborhood amenities, while others rank poorly in housing characteristics but high in neighborhood amenities, suggesting that indirect policy measures might reduce inequality in urban areas through improving neighborhood amenities. Second, the paper explores differences in the valuation of amenities by calculating prices in different urban areas. In more sparsely populated urban areas, distance to national parks becomes less important, but distance to primary roads becomes more important. Finally, housing and safety satisfaction represent the key components of life satisfaction.

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Bibliographic Info

Paper provided by Inter-American Development Bank, Research Department in its series Research Department Publications with number 3263.

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Date of creation: Oct 2008
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Handle: RePEc:idb:wpaper:3263

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  1. Anne C. Case & Lawrence F. Katz, 1991. "The Company You Keep: The Effects of Family and Neighborhood on Disadvantaged Youths," NBER Working Papers 3705, National Bureau of Economic Research, Inc.
  2. Topa, Giorgio, 2001. "Social Interactions, Local Spillovers and Unemployment," Review of Economic Studies, Wiley Blackwell, vol. 68(2), pages 261-95, April.
  3. Rafael Di Tella & Robert MacCulloch, 2006. "Some Uses of Happiness Data in Economics," Journal of Economic Perspectives, American Economic Association, vol. 20(1), pages 25-46, Winter.
  4. Blomquist, Glenn C & Berger, Mark C & Hoehn, John P, 1988. "New Estimates of Quality of Life in Urban Areas," American Economic Review, American Economic Association, vol. 78(1), pages 89-107, March.
  5. Heckman, James, 2013. "Sample selection bias as a specification error," Applied Econometrics, Publishing House "SINERGIA PRESS", vol. 31(3), pages 129-137.
  6. Daniel Kahneman & Alan B. Krueger, 2006. "Developments in the Measurement of Subjective Well-Being," Journal of Economic Perspectives, American Economic Association, vol. 20(1), pages 3-24, Winter.
  7. Gyourko, Joseph & Kahn, Matthew & Tracy, Joseph, 1999. "Quality of life and environmental comparisons," Handbook of Regional and Urban Economics, in: P. C. Cheshire & E. S. Mills (ed.), Handbook of Regional and Urban Economics, edition 1, volume 3, chapter 37, pages 1413-1454 Elsevier.
  8. Linneman, Peter, 1980. "Some empirical results on the nature of the hedonic price function for the urban housing market," Journal of Urban Economics, Elsevier, vol. 8(1), pages 47-68, July.
  9. Edward L. Glaeser & Jose A. Scheinkman, 1999. "Measuring Social Interactions," Harvard Institute of Economic Research Working Papers 1878, Harvard - Institute of Economic Research.
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Cited by:
  1. Eduardo Lora & Andrew Powell, 2011. "A New Way of Monitoring the Quality of Urban Life," Research Department Publications 4729, Inter-American Development Bank, Research Department.
  2. Andrés Ham Gonzalez, 2011. "La Calidad de Vida en los Barrios de Buenos Aires: Estimaciones Hedónicas de la Valuación de los Amenities Urbano y su Distribución Espacial," Department of Economics, Working Papers 088, Departamento de Economía, Facultad de Ciencias Económicas, Universidad Nacional de La Plata.

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