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Ranking Urban Areas: A Hedonic Equilibrium Approach To Quality of Life

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  • Dimitrios A. Giannias

Abstract

Rankings of urban areas provide useful information to planning recreational or tourism activities, making housing-locational decisions, and designing policies to attract industries. This paper illustrates how the structural approach to hedonic equilibrium models can be used to derive a quality of life based ranking of urban areas.

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  • Dimitrios A. Giannias, 1988. "Ranking Urban Areas: A Hedonic Equilibrium Approach To Quality of Life," Economics Working Paper Archive wp_11, Levy Economics Institute.
  • Handle: RePEc:lev:wrkpap:wp_11
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    1. Tolley, George S., 1974. "The welfare economics of city bigness," Journal of Urban Economics, Elsevier, vol. 1(3), pages 324-345, July.
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    3. Roback, Jennifer, 1982. "Wages, Rents, and the Quality of Life," Journal of Political Economy, University of Chicago Press, vol. 90(6), pages 1257-1278, December.
    4. Roback, Jennifer, 1988. "Wages, Rents, and Amenities: Differences among Workers and Regions," Economic Inquiry, Western Economic Association International, vol. 26(1), pages 23-41, January.
    5. Rosen, Sherwin, 1974. "Hedonic Prices and Implicit Markets: Product Differentiation in Pure Competition," Journal of Political Economy, University of Chicago Press, vol. 82(1), pages 34-55, Jan.-Feb..
    6. William D. Nordhaus & James Tobin, 1972. "Economic Research: Retrospect and Prospect, Volume 5, Economic Growth," NBER Books, National Bureau of Economic Research, Inc, number nord72-1.
    7. Blomquist, Glenn C & Berger, Mark C & Hoehn, John P, 1988. "New Estimates of Quality of Life in Urban Areas," American Economic Review, American Economic Association, vol. 78(1), pages 89-107, March.
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