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Assessing Regional Quality of Life: A Call for Action in Regional Science.

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Title: Assessing Regional Quality of Life: A Call for Action in Regional Science.
Authors: Rickman, Dan S.1 dan.rickman@okstate.edu
Source: Review of Regional Studies. 2014, Vol. 44 Issue 1, p1-12. 12p.
Subject Terms: *Quality of life, Social history, Hedonistic consumption, Consumer behavior, Economic history
Abstract: Intellectual appeal and simplicity of use has led to the widespread application of the spatial hedonic model in assessing regional quality of life. Yet, the traditional spatial hedonic approach contains numerous assumptions, which typically are untested. Violation of the assumptions in practice can lead to significantly biased estimates of regional quality of life. More sophisticated econometric approaches have been developed to reduce the biases. However, each approach typically only addresses one or two of the concerns. More promising is the use of structural models, which by design have the potential to overcome all the limitations of the spatial hedonic approach. [ABSTRACT FROM AUTHOR]
Copyright of Review of Regional Studies is the property of Southern Regional Science Association Inc. and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
Database: Education Research Complete
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  Data: *<searchLink fieldCode="DE" term="%22Quality+of+life%22">Quality of life</searchLink><br /><searchLink fieldCode="DE" term="%22Social+history%22">Social history</searchLink><br /><searchLink fieldCode="DE" term="%22Hedonistic+consumption%22">Hedonistic consumption</searchLink><br /><searchLink fieldCode="DE" term="%22Consumer+behavior%22">Consumer behavior</searchLink><br /><searchLink fieldCode="DE" term="%22Economic+history%22">Economic history</searchLink>
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  Data: Intellectual appeal and simplicity of use has led to the widespread application of the spatial hedonic model in assessing regional quality of life. Yet, the traditional spatial hedonic approach contains numerous assumptions, which typically are untested. Violation of the assumptions in practice can lead to significantly biased estimates of regional quality of life. More sophisticated econometric approaches have been developed to reduce the biases. However, each approach typically only addresses one or two of the concerns. More promising is the use of structural models, which by design have the potential to overcome all the limitations of the spatial hedonic approach. [ABSTRACT FROM AUTHOR]
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  Data: <i>Copyright of Review of Regional Studies is the property of Southern Regional Science Association Inc. and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract.</i> (Copyright applies to all Abstracts.)
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        Value: 10.52324/001c.8080
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      – Code: eng
        Text: English
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        PageCount: 12
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      – SubjectFull: Quality of life
        Type: general
      – SubjectFull: Social history
        Type: general
      – SubjectFull: Hedonistic consumption
        Type: general
      – SubjectFull: Consumer behavior
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      – SubjectFull: Economic history
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      – TitleFull: Assessing Regional Quality of Life: A Call for Action in Regional Science.
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              Text: 2014
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