Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/67856
Authors: 
Albouy, David
Leibovici, Fernando
Warman, Casey
Year of Publication: 
2012
Series/Report no.: 
Queen's Economics Department Working Paper 1287
Abstract: 
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. Quality-of-life estimates are generally higher in Canada's larger cities: Victoria, Vancouver are the nicest overall, particularly for Anglophones, while Montreal and Ottawa are the nicest for Francophones. These estimates are positively correlated with estimates in the popular literature and may be explained by differences in climate. Toronto is Canada's most productive city; Vancouver, the overall most valued city.
Subjects: 
quality of life
firm productivity
cost-of-living
firm productivity
compensating wage differentials
JEL: 
H24
H5
H77
J61
R1
Document Type: 
Working Paper

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