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Quality of Life, Firm Productivity, and the Value of Amenities across Canadian Cities / David Albouy, Fernando Leibovici, Casey Warman.
- Format:
- Book
- Author/Creator:
- Albouy, David.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w18103.
- NBER working paper series no. w18103
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2012.
- Summary:
- We present hedonic general-equilibrium estimates of quality-of-life and productivity differences across Canada's metropolitan areas. These are based off of the estimated willingness-to-pay of heterogeneous households and firms to locate in various cities, which differ in their wage levels, housing costs, and land values. Using 2006 Canadian Census data, our metropolitan quality-of-life estimates are somewhat consistent with popular rankings, but find Canadians care more about climate and culture. Quality-of-life is highest in Victoria for Anglophones, Montreal for Francophones, and Vancouver for Allophones, and lowest in more remote cities. Toronto is Canada's most productive city; Vancouver is the overall most valuable city.
- Notes:
- Print version record
- May 2012.
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