Using survey data to study capitalization of local public services |
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| Authors: | Fredrik Carlsen Bjrg Langset Jrn Ratts Lasse Stambl |
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| Institution: | aDepartment of Economics, Norwegian University of Science and Technology, 7491 Trondheim, Norway;bNorwegian Institute for Urban and Regional Research, P.O. Box 44 Blindern, 0313 Oslo, Norway;cResearch Department, Statistics Norway, Postboks 8131 Dep, 0022 Oslo, Norway |
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| Abstract: | We use surveys in which respondents evaluate local amenities in Norway to compute proxy variables for the quality of local public services as well as other local amenities relevant to location decisions. Average satisfaction reported by the respondents is computed for each amenity and each municipality, adjusted for sample variation in personal characteristics and included as explanatory variables in a cross-section study of house prices. We find that house prices are increasing in satisfaction with cultural activities, health care, care for the elderly and public transportation. |
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| Keywords: | Capitalization Local public services Survey data |
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