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An Empirical Note on Determinants of Geographic Living-Cost Differentials for Counties in the State of Florida, 2003

Author

Listed:
  • Cebula, Richard J.

    (Armstrong Atlantic State U)

  • Todd, Sherri

    (Armstrong Atlantic State U)

Abstract

This study empirically seeks to identify determinants of geographic living-cost differentials among counties in the state of Florida for the year 2003. The heteroskedasticity-corrected ordinary least squares estimates reveal that the cost of living in those counties is an increasing function of population size, per capita income or the percentage of households with an annual income in excess of $100,000, coastal location, and the square of the population density, while being unaffected by the unemployment rate.

Suggested Citation

  • Cebula, Richard J. & Todd, Sherri, 2004. "An Empirical Note on Determinants of Geographic Living-Cost Differentials for Counties in the State of Florida, 2003," The Review of Regional Studies, Southern Regional Science Association, vol. 34(1), pages 112-119.
  • Handle: RePEc:rre:publsh:v:34:y:2004:i:1:p:112-19
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    File URL: http://journal.srsa.org/ojs/index.php/RRS/article/view/81/32
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    References listed on IDEAS

    as
    1. Rappaport, Jordan & Sachs, Jeffrey D, 2003. "The United States as a Coastal Nation," Journal of Economic Growth, Springer, vol. 8(1), pages 5-46, March.
    2. Walter W. McMahon, 1991. "Geographical Cost of Living Differences: An Update," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 19(3), pages 426-450.
    3. Cebula, Richard & Alexander, Gigi & Koch, James, 1991. "A Further Note on Determinants of Geographic Living-Cost Differentials," MPRA Paper 49397, University Library of Munich, Germany.
    4. Tullock, Gordon, 1971. "Public Decisions as Public Goods," Journal of Political Economy, University of Chicago Press, vol. 79(4), pages 913-918, July-Aug..
    5. Michael Toma & Richard Cebula, 2000. "Geographic living-cost determinants: 1995," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 28(3), pages 380-380, September.
    6. James A. Kurre, 2003. "Is The Cost Of Living Less In Rural Areas?," International Regional Science Review, , vol. 26(1), pages 86-116, January.
    7. Richard J. Cebula, 1989. "The Analysis of Geographic Living-Cost Differentials: A Brief Empirical Note," Land Economics, University of Wisconsin Press, vol. 65(1), pages 64-67.
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    Citations

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    Cited by:

    1. Cebula, Richard, 2007. "Impact of Property Taxes and Public Education Outlays on Housing Costs: Recent Empirical Evidence," MPRA Paper 60109, University Library of Munich, Germany.
    2. Cebula, Richard & Toma, Michael, 2006. "Determinants of Interstate Differentials in the Real Median Price of Single Family Homes," MPRA Paper 61410, University Library of Munich, Germany.

    More about this item

    Keywords

    Population;

    JEL classification:

    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)
    • R23 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Regional Migration; Regional Labor Markets; Population

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