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La Dolce Vita : Hedonic Estimates of Quality of Life in Italian Cities

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  • Emilio Colombo
  • Alessandra Michelangeli
  • Luca Stanca

Abstract

Colombo E., Michelangeli A. and Stanca L. La dolce vita : hedonic estimates of quality of life in Italian cities, Regional Studies . This paper investigates quality of life in Italian cities using the hedonic approach. It analyses micro-level data for housing and labour markets to estimate compensating differentials for local amenities within four domains: weather, environment, services and society. Large compensating differentials in housing markets are found, whereas the effects on wages are relatively small. Quality of life varies substantially across space and is generally better in large and medium-sized cities of the Centre-North. Services and social conditions are strongly related to overall quality of life. It is also found that, across cities, quality of life is positively and significantly related to subjective well-being.

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  • Emilio Colombo & Alessandra Michelangeli & Luca Stanca, 2014. "La Dolce Vita : Hedonic Estimates of Quality of Life in Italian Cities," Regional Studies, Taylor & Francis Journals, vol. 48(8), pages 1404-1418, August.
  • Handle: RePEc:taf:regstd:v:48:y:2014:i:8:p:1404-1418
    DOI: 10.1080/00343404.2012.712206
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    3. Norbert Hiller & Oliver Lerbs, 2015. "The capitalization of non-market attributes into regional housing rents and wages: evidence on German functional labor market areas," Review of Regional Research: Jahrbuch für Regionalwissenschaft, Springer;Gesellschaft für Regionalforschung (GfR), vol. 35(1), pages 49-72, February.
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    5. G. D'Alessio, 2018. "Well-being, the Socio-economic Context and Price Differences: the North-South Gap," Rivista economica del Mezzogiorno, Società editrice il Mulino, issue 3, pages 471-498.
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    7. Francesco Burchi & Chiara Gnesi, 2016. "A Review of the Literature on Well-Being in Italy: A Human Development Perspective," Forum for Social Economics, Taylor & Francis Journals, vol. 45(2-3), pages 170-192, August.
    8. Francesco Andreoli & Alessandra Michelangeli, 2014. "Welfare Measures to Assess Urban Quality of Life," Working Papers 278, University of Milano-Bicocca, Department of Economics, revised Jun 2014.
    9. Leonardo Becchetti & Fabio Pisani, 2014. "Family Economic Well-Being, and (Class) Relative Wealth: An Empirical Analysis of Life Satisfaction of Secondary School Students in Three Italian Cities," Journal of Happiness Studies, Springer, vol. 15(3), pages 503-525, June.
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    12. David Loschiavo, 2019. "Big-city life (dis)satisfaction? The effect of living in urban areas on subjective well-being," Temi di discussione (Economic working papers) 1221, Bank of Italy, Economic Research and International Relations Area.
    13. Navarro, María & D'Agostino, Antonella & Neri, Laura, 2020. "The effect of urbanization on subjective well-being: Explaining cross-regional differences," Socio-Economic Planning Sciences, Elsevier, vol. 71(C).
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    15. Shi, Tie & Zhu, Wenzhang & Fu, Shihe, 2021. "Quality of life in Chinese cities," China Economic Review, Elsevier, vol. 69(C).
    16. Gustavo Ahumada & Victor Iturra & Mauricio Sarrias, 2020. "We Do Not Have the Same Tastes! Evaluating Individual Heterogeneity in the Preferences for Amenities," Journal of Happiness Studies, Springer, vol. 21(1), pages 53-74, January.
    17. Roberto Gallardo del Angel, 2017. "A Quality of Life Index of Mexican cities: An equalizing-difference approach," EconoQuantum, Revista de Economia y Finanzas, Universidad de Guadalajara, Centro Universitario de Ciencias Economico Administrativas, Departamento de Metodos Cuantitativos y Maestria en Economia., vol. 14(1), pages 73-98, Enero-Jun.
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    JEL classification:

    • C4 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics
    • D5 - Microeconomics - - General Equilibrium and Disequilibrium
    • H4 - Public Economics - - Publicly Provided Goods
    • J3 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs
    • J6 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers
    • P2 - Economic Systems - - Socialist Systems and Transition Economies
    • P3 - Economic Systems - - Socialist Institutions and Their Transitions
    • Q2 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation
    • R2 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis

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