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Persistent link: https://www.econbiz.de/10009553049
This paper presents the first hedonic general-equilibrium estimates of quality-of-life and firm productivity … higher in Canada's larger cities: Victoria, Vancouver are the nicest overall, particularly for Anglophones, while Montreal … literature and may be explained by differences in climate. Toronto is Canada's most productive city; Vancouver, the overall most …
Persistent link: https://www.econbiz.de/10009560151
We present hedonic general-equilibrium estimates of quality-of-life and productivity differences across Canada … various cities, which differ in their wage levels, housing costs, and land values. Using 2006 Canadian Census data, our … Allophones, and lowest in more remote cities. Toronto is Canada's most productive city; Vancouver is the overall most valuable …
Persistent link: https://www.econbiz.de/10013106079
We present hedonic general-equilibrium estimates of quality-of-life and productivity differences across Canada … various cities, which differ in their wage levels, housing costs, and land values. Using 2006 Canadian Census data, our … Allophones, and lowest in more remote cities. Toronto is Canada's most productive city; Vancouver is the overall most valuable …
Persistent link: https://www.econbiz.de/10012460557
We set out an open, monocentric city with residential structures and reflect how changes to the amenity index affects the city. On the consumption side an amenity is represented by an exogenous boost to the utility of a resident's current commodity bundle. The cities population, land rent and...
Persistent link: https://www.econbiz.de/10003780894
"Estimates of local land rents and firm productivity from wage and housing-cost data should incorporate parameters from … quality-of-life and firm-productivity differences across U.S. cities, and revise estimates of the value of public …-infrastructure investments. Private land values vary mainly from quality-of-life differences, while social land values vary mainly from firm-productivity …
Persistent link: https://www.econbiz.de/10003848783
Persistent link: https://www.econbiz.de/10011555686
, productivity, and the total value of amenities from wage and housing-cost data, applying them to U.S. metropolitan areas. The … formulae address how “wage multipliers,” heterogeneity in non-traded firm productivity, and tax-driven amenity value … expropriation affect price capitalization. Wage and housing-cost variations across metros are driven more by productivity than …
Persistent link: https://www.econbiz.de/10013224416
, productivity, and the total value of amenities from wage and housing-cost data, applying them to U.S. metropolitan areas. The … formulae address how "wage multipliers," heterogeneity in non-traded firm productivity, and tax-driven amenity value … expropriation affect price capitalization. Wage and housing-cost variations across metros are driven more by productivity than …
Persistent link: https://www.econbiz.de/10012463668
Persistent link: https://www.econbiz.de/10003649422