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The quality of life in England and Wales

The quality of life in England and Wales
The quality of life in England and Wales
Local amenities play an important role in determining where we choose to live and our overall quality of life. In many cases, however, amenities do not have prices and will therefore be underprovided by the market. In this paper, we use county level data for England and Wales to estimate implicit amenity prices and to calculate an index of quality of life for each county. Among our findings is a large negative price on air pollution. The range in quality of life across counties is estimated to be in excess of two thousand pounds per year.
quality of life index, amenities, hedonic prices
17
University of Southampton
Srinivasan, Sylaja
e90e2401-8057-4cc5-9225-82fc59689262
Stewart, Geoff
a94573f3-bb92-416f-ba18-3c6272224d18
Srinivasan, Sylaja
e90e2401-8057-4cc5-9225-82fc59689262
Stewart, Geoff
a94573f3-bb92-416f-ba18-3c6272224d18

Srinivasan, Sylaja and Stewart, Geoff (2000) The quality of life in England and Wales (Discussion Papers in Economics and Econometrics, 17) Southampton, UK. University of Southampton 28pp.

Record type: Monograph (Discussion Paper)

Abstract

Local amenities play an important role in determining where we choose to live and our overall quality of life. In many cases, however, amenities do not have prices and will therefore be underprovided by the market. In this paper, we use county level data for England and Wales to estimate implicit amenity prices and to calculate an index of quality of life for each county. Among our findings is a large negative price on air pollution. The range in quality of life across counties is estimated to be in excess of two thousand pounds per year.

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Published date: 2000
Additional Information: JEL classification: I31, R1
Keywords: quality of life index, amenities, hedonic prices

Identifiers

Local EPrints ID: 33032
URI: https://eprints.soton.ac.uk/id/eprint/33032
PURE UUID: d657b787-08bc-4759-8679-afe68c156768

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Date deposited: 19 Jul 2006
Last modified: 17 Jul 2017 15:54

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