Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/150565
Authors: 
Maddison, David
Rehdanz, Katrin
Year of Publication: 
2007
Series/Report no.: 
SOEPpapers on Multidisciplinary Panel Data Research 16
Abstract: 
Hedonic theory assumes that changes in land prices and wage rates eliminate the utility advantages of differing locations. Using happiness data from the German socio-economic panel this paper empirically tests whether regional utility differences exist and if so whether utility levels show any tendency to converge over time. Empirical analysis reveals substantial differences in utility over different regions of Germany. Analysing a panel of data indicates that even if individual utility levels are at any one moment in disequilibrium they are rapidly converging over Germany for all types of individuals.
Subjects: 
Convergence
Hedonic Analysis
Happiness
Migration
Germany
Document Type: 
Working Paper

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