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Social capital and well-being in the Italian provinces

Giorgio Calcagnini () and Francesco Perugini ()

Socio-Economic Planning Sciences, 2019, vol. 68, issue C

Abstract: Recent years witnessed a growing interest in the concept of well-being and quality of life, as alternative to the Gross Domestic Product (GDP). The determinants of well-being, especially at the regional and provincial levels, is understudied in a macro perspective, as opposed to a micro perspective (individuals, survey data) that has been the dominant approach until recently. In this paper, we estimate an empirical model for the Italian NUTS-3 provinces to evaluate the role of social capital on well-being by using aggregated (provincial) data. Our findings suggest that social capital, social security programs, income, and grant-making activities by Bank Foundations, even though not uniformly distributed across Italy, positively affect well-being, thus contributing to explain the persistent dualism that characterizes the Italian economy.

Keywords: Well-being; Social capital; Italian provinces; Territorial disparities (search for similar items in EconPapers)
JEL-codes: I31 R11 C31 (search for similar items in EconPapers)
Date: 2019
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DOI: 10.1016/j.seps.2018.11.005

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