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A New Way of Monitoring the Quality of Urban Life

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  • Eduardo Lora
  • Andrew Powell

Abstract

This paper proposes a methodology to resolve the problems that result from using a combination of objective and subjective information in evaluating urban quality of life. The paper further suggests techniques to identify and rank issues of potential importance for urban dwellers. In order to combine objective and subjective information in a coherent manner and focus on the most relevant dimensions of the quality of life in a city or neighborhood, the paper attempts to exploit the complementary nature of two approaches: the “hedonic” approach, which employs market prices for housing, and the “life satisfaction” approach, which addresses subjective well-being. Results using both approaches in selected Latin American cities are discussed and compared. The paper concludes with a discussion of potential uses of the two-pronged methodology for policy analysis.

Suggested Citation

  • 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.
  • Handle: RePEc:idb:wpaper:4729
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    Cited by:

    1. Porfirio Guevara & Robert J. Hill & Michael Scholz, 2015. "Hedonic Indexes for Public and Private Housing in Costa Rica," Graz Economics Papers 2015-05, University of Graz, Department of Economics.
    2. Liliana Velásquez, 2011. "La importancia de los bienes públicos en la calidad de vida local: El caso de Manizales, Colombia," IDB Publications (Working Papers) 3121, Inter-American Development Bank.

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    More about this item

    JEL classification:

    • D19 - Microeconomics - - Household Behavior - - - Other
    • H41 - Public Economics - - Publicly Provided Goods - - - Public Goods
    • H42 - Public Economics - - Publicly Provided Goods - - - Publicly Provided Private Goods
    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being

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