City Comparisons of Shelter Costs in Canada: A Hedonic Approach - ARCHIVED

Articles and reports: 62F0014M2004017
Description: This paper documents the approach used to construct the shelter element of the current spatial index program. The intercity indexes of the retail price differentials program of Prices Division had, until recently, excluded any reference to shelter because of conceptual issues. A rental equivalence approach is used for measuring spatial variations in the costs of shelter services among cities. To control for quality variations across areas, a semi-log separate hedonic regression methodology is used to construct the Laspeyres, Paasche, and Fisher Törnqvist interarea indices.
no: 17
Issue Number: 2004017
Frequency: Occasional
Author(s): Chowhan, James; Prud'homme, Marc
Main Product: Prices Analytical Series
Format Release date More information
PDF April 16, 2004

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