Generating well-being and efficiency: Evidence from Italy

Graziella Bonanno, D’Orio, Giovanni and Rosetta Lombardo

Economic Analysis and Policy, 2020, vol. 65, issue C, 262-275

Abstract: The paper aims to shed light on the geography of well-being in Italian regions and explain the distance of a given region from an efficiency frontier. We build a composite regional well-being index over the period 2010–2015. Then using the index as output, we estimate a well-being generating function to rank Italian regions in terms of efficiency in attaining well-being. The rankings confirm the divide between Northern and Southern regions as regards overall well-being and efficiency. Our findings indicate that regions more dependent on external financing achieve lower efficiency scores. Current failures should not be used to reinforce selfish localism; they should rather stimulate the search for more effective policies to reduce disparities.

Keywords: Multidimensional well-being; Composite indicators; Efficiency; Stochastic frontier (search for similar items in EconPapers)
JEL-codes: C33 I31 P48 R11 (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0313592619303856
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:ecanpo:v:65:y:2020:i:c:p:262-275

DOI: 10.1016/j.eap.2020.02.006

Access Statistics for this article

Economic Analysis and Policy is currently edited by Clevo Wilson

More articles in Economic Analysis and Policy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().