caa a22 4500 606155066 CHVBK 20210128100601.0 cr unu---uuuuu 210128e20150201xx s 000 0 eng 10.1007/s10037-014-0089-x doi (NATIONALLICENCE)springer-10.1007/s10037-014-0089-x The capitalization of non-market attributes into regional housing rents and wages: evidence on German functional labor market areas [Elektronische Daten] [Norbert Hiller, Oliver Lerbs] Zur Kapitalisierung von (Quasi-)Kollektivgütern in regionaleWohnungsmieten und Löhne: Evidenz für funktionale Arbeitsmarktregionen in Deutschland This paper extends existing research on regional quality of life in Germany by newly estimating the role of region-specific (dis-)amenities in the determination of regional housing rents and wages. Different from previous studies, the empirical analysis draws on functional labor market areas recently delineated by Kosfeld and Werner [Raumf Raumordn (2012) 70: 49-64] rather than administrative jurisdictions, circumventing problems of spatial autocorrelation. Consistent with cross-region spatial equilibrium, the results indicate that labor market area heterogeneity in housing rents and wages is closely related to differences in non-market attributes that affect household utility. The results enable the construction of a comprehensive ranking of regional quality of life which can be directly compared to the findings of previous studies. Springer-Verlag Berlin Heidelberg, 2014 Functional labor market areas nationallicence Non-market (dis-)amenities nationallicence Spatial equilibrium analysis nationallicence Quality of life nationallicence Spatial autocorrelation nationallicence Funktionale Arbeitsmarktregionen nationallicence Öffentliche Güter nationallicence RäumlicheGleichgewichtsanalyse nationallicence Lebensqualität nationallicence Räumliche Autokorrelation nationallicence Hiller Norbert Institute of Spatial and Housing Economics, University of Münster, Münster, Germany aut Lerbs Oliver Research Department International Finance and Financial Management, Centre for European Economic Research (ZEW), Mannheim, Germany aut Review of Regional Research Springer Berlin Heidelberg 35/1(2015-02-01), 49-72 0173-7600 35:1<49 2015 35 10037 https://doi.org/10.1007/s10037-014-0089-x text/html Onlinezugriff via DOI BK010053 XK010053 XK010000 Metadata rights reserved Springer special CC-BY-NC licence nationallicence 1 research-article jats NATIONALLICENCE NATIONALLICENCE NL-springer NATIONALLICENCE 856 40 https://doi.org/10.1007/s10037-014-0089-x text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- Hiller Norbert Institute of Spatial and Housing Economics, University of Münster, Münster, Germany aut NATIONALLICENCE 700 1- Lerbs Oliver Research Department International Finance and Financial Management, Centre for European Economic Research (ZEW), Mannheim, Germany aut NATIONALLICENCE 773 0- Review of Regional Research Springer Berlin Heidelberg 35/1(2015-02-01), 49-72 0173-7600 35:1<49 2015 35 10037