Measuring Institutional Quality in Italy

Annamaria Nifo () and Gaetano Vecchione ()

Rivista economica del Mezzogiorno, 2015, issue 1-2, 157-182

Abstract: In this paper we illustrate the main features of the Institutional Quality Index (IQI) first presented in Nifo and Vecchione (2014) for 2004 and then extended for the whole period 2004-2008. IQI allows to measure institutional quality in Italian provinces, confirming the North-South divide even under this peculiar perspective. The construction of IQI starts from elementary indexes which are grouped into five dimensions, called: i) Voice and accountability, ii) Government effectiveness, iii) Regulatory quality, iv) Rule of law, v) Control and corruption. Afterwards, normalization, attribution of weights and aggregation of sub-indexes lead to a single-value indicator for institutional quality.

Keywords: Institutional Quality; Composite Indicators; Southern Italy. (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (25)

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