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.

Generating well-being and efficiency: Evidence from Italy

Bonanno G.;
2020

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.
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Utilizza questo identificativo per citare o creare un link a questo documento: http://hdl.handle.net/11386/4740446
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