The heterogeneity of wellbeing "expenditure" preferences
Leonardo Becchetti,
Luisa Corrado and
Maurizio Fiaschetti
No 128-2013, AICCON Working Papers from Associazione Italiana per la Cultura della Cooperazione e del Non Profit
Abstract:
With an online survey on major Italian newspapers we ask respondents to simulate the typical policymaker decision, that is, the dilemma of allocating scarce financial resources among alternative competing goals using the domains of the newly defined Italian BES (sustainable and equitable wellbeing) indicators. We find that two major factors explaining heterogeneity in preferences on expenditure in major wellbeing domains are left/right wing political orientation and low/high education. With regard to political orientation we identify “large coalition” items where left/right positions are similar and domains where opinion are more polarized. Overall, our findings document that left wing respondents would spend relatively more on environment, research and innovation, culture and education and relatively less on safety and measures directly aimed at improving economic wellbeing. We conclude that these findings make themselves significantly more oriented toward environmental sustainability in a hypothetical trade?off between economic growth and the latter.
Keywords: wellbeing indicators; political preferences; wellbeing preferences (search for similar items in EconPapers)
JEL-codes: H00 I00 (search for similar items in EconPapers)
Pages: 61 pages
Date: 2013-11-08
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)
Downloads: (external link)
http://www.aiccon.it/pubblicazione/128-the-heterog ... nditure-preferences/ Full text (application/pdf)
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:ris:aiccon:2013_128
Access Statistics for this paper
More papers in AICCON Working Papers from Associazione Italiana per la Cultura della Cooperazione e del Non Profit Contact information at EDIRC.
Bibliographic data for series maintained by Paolo Venturi ().