QVNZQuotable Value New Zealand
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We combine the EECA, QVNZ, NIWA, and energy data into a panel dataset that details which houses are treated, the month of treatment, characteristics of treated and control houses, monthly climatic conditions, and electricity and total metered energy use.
We thank the New Zealand Ministry of Economic Development (MED) for commissioning and funding the study, and the following agencies for assistance in obtaining and interpreting the requisite data: Energy Efficiency and Conservation Authority (EECA), Quotable Value New Zealand (QVNZ), National Institute of Water and Atmospheric Research (NIWA), Genesis Energy, Mercury Energy (Mighty River Power), Meridian Energy and Trustpower.
We use census and QVNZ data pertaining to area units to examine relationships between household incomes, land taxes and property taxes.
We use 2006 QVNZ rateable values to estimate the base upon which a land or property tax could be levied.
We follow QVNZ's categories in this decomposition except that we allocate "lifestyle' properties (both vacant and improved) to residential rather than to agriculture.
The view variable was measured as the following by QVNZ: the view type was measured from the living area (3) of the dwelling and for vacant residential sections it was measured from the site.
It is important to mention here that the age of the house is measured in decades, and it is the age of the primary structure, thus the age measure obtained from QVNZ is somewhat imprecise.
From Q1 1990 to QI 2003, the QVNZ average house price index rose 4.72% p.a.