Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/54000 
Year of Publication: 
2011
Series/Report no.: 
WIDER Working Paper No. 2011/12
Publisher: 
The United Nations University World Institute for Development Economics Research (UNU-WIDER), Helsinki
Abstract: 
A growing number of cities around the world have established systems of monitoring the quality of urban life. Many of those systems combine objective and subjective information and attempt to cover a wide variety of topics. This paper introduces a simple method that takes advantage of both types of information and provides criteria to identify and rank the issues of potential importance for urban dwellers. The method combines the so-called 'hedonic price' and 'life satisfaction' approaches to value public goods. Pilot case results for six Latin American cities are summarized and policy applications are discussed.
Subjects: 
urban economics
quality of life
Latin America
public goods
hedonic price method
life satisfaction method
JEL: 
R00
R21
R23
ISBN: 
978-92-9230-375-4
Document Type: 
Working Paper

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