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Quality of Life, Firm Productivity, and the Value of Amenities across Canadian Cities

David Albouy (), Fernando Leibovici () and Casey Warman ()

No 18103, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: 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.

JEL-codes: J31 J61 Q51 R1 (search for similar items in EconPapers)
Date: 2012-05
New Economics Papers: this item is included in nep-geo, nep-hap and nep-ure
Note: LS PE
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Published as David Albouy & Fernando Leibovici & Casey Warman, 2013. "Quality of life, firm productivity, and the value of amenities across Canadian cities," Canadian Journal of Economics/Revue canadienne d'économique, vol 46(2), pages 379-411.

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Journal Article: Quality of life, firm productivity, and the value of amenities across Canadian cities (2013) Downloads
Journal Article: Quality of life, firm productivity, and the value of amenities across Canadian cities (2013) Downloads
Working Paper: Quality Of Life, Firm Productivity, And The Value Of Amenities Across Canadian Cities (2012) Downloads
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