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GDP and beyond: an implementation of welfare considerations to the distribution of earnings in Italy

Paolo Liberati and Shlomo Yitzhaki

No 146, Departmental Working Papers of Economics - University 'Roma Tre' from Department of Economics - University Roma Tre

Abstract: The aim of this paper is to implement distributional considerations in comparing the economic well-being of individuals over time and living in different regions in Italy. Both Absolute Lorenz Curves (ALC) and standard Lorenz curves are used to address this issue from both a national and regional perspective. Since only partial results are obtained from dominance conditions, the analysis of Gini (ANOGI) is also introduced. We found that differences among subpopulation distributions accentuate over time and that when South and Islands are used as a reference group, North-West and North-East form two relatively more distinct groups.

Keywords: Inequality; Welfare; Gini; GDP; Earning Distribution. (search for similar items in EconPapers)
JEL-codes: H55 I31 (search for similar items in EconPapers)
Pages: 43
Date: 2012-02
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