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

By A Giannias


The author wishes to thank the Jerome Levy Economics Institute for its financial support. 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. I. Introduction. An interregional and/or interurban comparison is a useful information for all types of decision makers. Consumers consider amenity factors as well as employment opportunities and cost o

Year: 1988
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