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

This paper presents the first hedonic general-equilibrium estimates of quality-of-life and firm productivity differences across Canadian cities, using data on local wages and housing costs. These estimates account for the unobservability of land rents and geographic differences in federal and provincial tax burdens. Qualityof- life estimates are generally higher in Canada’s larger cities: Victoria and Vancouver are the nicest overall, particularly for Anglophones, while Montreal is the nicest for Francophones. These estimates are positively correlated with estimates in the popular literature and may be predicted by differences in climate and culture. Toronto is Canada’s most productive city; Vancouver, the overall most valued city.


Issue Date:
2012-01
Publication Type:
Working or Discussion Paper
DOI and Other Identifiers:
Record Identifier:
https://ageconsearch.umn.edu/record/274551
Language:
English
Total Pages:
42
JEL Codes:
H24; H05; H77; J61; R01
Series Statement:
Working Paper No. 1287




 Record created 2018-06-27, last modified 2020-10-28

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