IDEAS home Printed from https://ideas.repec.org/a/spr/qualqt/v49y2015i6p2307-2323.html
   My bibliography  Save this article

Statistical assessment of regional wealth inequalities: the Italian case

Author

Listed:
  • Roy Cerqueti
  • Marcel Ausloos

Abstract

This paper discusses region wealth size distributions, through their member cities aggregated tax income. As an illustration, the official data of the Italian Ministry of Economics and Finance has been considered, for all Italian municipalities, over the period 2007–2011. Yearly data of the aggregated tax income is transformed into a few indicators: the Gini, Theil, and Herfindahl–Hirschman indices. On one hand, the relative interest of each index is discussed. On the other hand, numerical results confirm that Italy is divided into very different regional realities, a few which are specifically outlined. This shows the interest of transforming data in an adequate manner and of comparing such indices. Copyright Springer Science+Business Media Dordrecht 2015

Suggested Citation

  • Roy Cerqueti & Marcel Ausloos, 2015. "Statistical assessment of regional wealth inequalities: the Italian case," Quality & Quantity: International Journal of Methodology, Springer, vol. 49(6), pages 2307-2323, November.
  • Handle: RePEc:spr:qualqt:v:49:y:2015:i:6:p:2307-2323
    DOI: 10.1007/s11135-014-0111-y
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1007/s11135-014-0111-y
    Download Restriction: Access to full text is restricted to subscribers.

    File URL: https://libkey.io/10.1007/s11135-014-0111-y?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Daniela Del Boca & Silvia Pasqua, 2003. "Employment Patterns of Husbands and Wives and Family Income Distribution in Italy (1977–98)," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 49(2), pages 221-245, June.
    2. Guanghua Wan & Ming Lu & Zhao Chen, 2007. "Globalization And Regional Income Inequality: Empirical Evidence From Within China," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 53(1), pages 35-59, March.
    3. Oihana Aristondo & José Luis García-Lapresta & Casilda Lasso de la Vega & Ricardo Alberto Marques Pereira, 2011. "The Gini index,the dual decomposition of aggregation functions, and the consistent measurement of inequality," Working Papers 203, ECINEQ, Society for the Study of Economic Inequality.
    4. Clementi, F. & Gallegati, M., 2005. "Power law tails in the Italian personal income distribution," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 350(2), pages 427-438.
    5. N. Bagatella-Flores & M. Rodriguez-Achach & H. F. Coronel-Brizio & A. R. Hernandez-Montoya, 2014. "Wealth distribution of simple exchange models coupled with extremal dynamics," Papers 1407.7153, arXiv.org.
    6. Giulia Rotundo & Anna D’Arcangelis, 2014. "Network of companies: an analysis of market concentration in the Italian stock market," Quality & Quantity: International Journal of Methodology, Springer, vol. 48(4), pages 1893-1910, July.
    7. Essama-Nssah, B, 1997. "Impact of Growth and Distribution on Poverty in Madagascar," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 43(2), pages 239-252, June.
    8. Psacharopoulos, George, et al, 1995. "Poverty and Income Inequality in Latin America during the 1980s," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 41(3), pages 245-264, September.
    9. Maria Grazia Pittau & Roberto Zelli, 2004. "Testing for changing shapes of income distribution: Italian evidence in the 1990s from kernel density estimates," Empirical Economics, Springer, vol. 29(2), pages 415-430, May.
    10. Clippe, Paulette & Ausloos, Marcel, 2012. "Benford’s law and Theil transform of financial data," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 391(24), pages 6556-6567.
    11. Stéphane Mussard & Michel Terraza & Françoise Seyte, 2003. "Decomposition of Gini and the generalized entropy inequality measures," Economics Bulletin, AccessEcon, vol. 4(7), pages 1-6.
    12. Wataru Souma, 2002. "Physics of Personal Income," Papers cond-mat/0202388, arXiv.org.
    13. repec:ebl:ecbull:v:4:y:2003:i:7:p:1-6 is not listed on IDEAS
    14. George Psacharopoulos & Samuel Morley & Ariel Fiszbein & Haeduck Lee & William C. Wood, 1995. "POVERTY AND INCOME INEQUALITY IN LATIN AMERICA DURING THE 1980s," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 41(3), pages 245-264, September.
    15. Del Boca, Daniela & Pasqua, Silvia, 2002. "Employment Patterns of Husbands and Wives and Family Income Distribution in Italy (1977-1998)," IZA Discussion Papers 489, Institute of Labor Economics (IZA).
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Chiara Mussida & Maria Laura Parisi, 2016. "The effect of economic crisis on regional income inequality in Italy," DISCE - Quaderni del Dipartimento di Scienze Economiche e Sociali dises1614, Università Cattolica del Sacro Cuore, Dipartimenti e Istituti di Scienze Economiche (DISCE).
    2. Marcel Ausloos & Roy Cerqueti, 2016. "Studies on Regional Wealth Inequalities: the case of Italy," Papers 1602.05356, arXiv.org.
    3. Chiara Mussida & Maria Laura Parisi, 2018. "Immigrant groups’ income inequality within and across Italian regions," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 16(4), pages 655-671, December.
    4. Paolo Caro, 2020. "Decomposing Personal Income Tax Redistribution with Application to Italy," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 18(1), pages 113-129, March.
    5. D’Amico, Guglielmo & Scocchera, Stefania & Storchi, Loriano, 2018. "Financial risk distribution in European Union," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 505(C), pages 252-267.
    6. Marcel Ausloos & Roy Cerqueti & Tariq A. Mir, 2018. "Data on the annual aggregated income taxes of the Italian municipalities over the quinquennium 2007-2011," Papers 1806.10935, arXiv.org.
    7. Bogdan Oancea & Dan Pirjol, 2019. "Extremal properties of the Theil and Gini measures of inequality," Quality & Quantity: International Journal of Methodology, Springer, vol. 53(2), pages 859-869, March.
    8. Guglielmo D’Amico & Philippe Regnault & Stefania Scocchera & Loriano Storchi, 2018. "A Continuous-Time Inequality Measure Applied to Financial Risk: The Case of the European Union," IJFS, MDPI, vol. 6(3), pages 1-16, June.
    9. Stefano Boscolo, 2022. "The contribution of tax-benefit instruments to income redistribution in Italy," ECONOMIA PUBBLICA, FrancoAngeli Editore, vol. 2022(2), pages 181-231.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Roy Cerqueti & Marcel Ausloos, 2014. "Assessing the Inequalities of Wealth in Regions: the Italian Case," Papers 1410.4922, arXiv.org.
    2. Baer, Werner & Maloney, William, 1997. "Neoliberalism and income distribution in Latin America," World Development, Elsevier, vol. 25(3), pages 311-327, March.
    3. Alberto Russo, 2009. "On the evolution of the Italian bank branch distribution," Economics Bulletin, AccessEcon, vol. 29(3), pages 2063-2078.
    4. Fabio Clementi & Mauro Gallegati, 2005. "Pareto's Law of Income Distribution: Evidence for Grermany, the United Kingdom, and the United States," Microeconomics 0505006, University Library of Munich, Germany.
    5. Kimhi, Ayal, 2011. "Can Female Non-Farm Labor Income Reduce Income Inequality? Evidence from Rural Southern Ethiopia," 2011 International Congress, August 30-September 2, 2011, Zurich, Switzerland 114756, European Association of Agricultural Economists.
    6. Raymundo M. Campos-Vázquez & Andrés Hincapié & Ruben Irvin Rojas-Valdés, 2012. "Family Income Inequality and the Role of Married Females' Earnings in Mexico: 1988-2010," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 49(1), pages 67-98, May.
    7. Narayan Sastry, 2002. "Trends in Socioeconomic Inequalities in Under-Five Mortality: Evidence from Sao Paulo, Brazil, 1970-1991," Working Papers 02-15, RAND Corporation.
    8. Andrea Brandolini & Romina Gambacorta & Alfonso Rosolia, 2018. "Inequality amid income stagnation: Italy over the last quarter of a century," Questioni di Economia e Finanza (Occasional Papers) 442, Bank of Italy, Economic Research and International Relations Area.
    9. Patricia Gallego-Granados & Johannes Geyer, 2015. "Distributional and Behavioral Effects of the Gender Wage Gap," Discussion Papers of DIW Berlin 1469, DIW Berlin, German Institute for Economic Research.
    10. Peng Jia & Yang Du & Meiyan Wang, 2017. "Rural Labor Migration and Poverty Reduction in China," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 25(6), pages 45-64, November.
    11. Victor M. Yakovenko & J. Barkley Rosser, 2009. "Colloquium: Statistical mechanics of money, wealth, and income," Papers 0905.1518, arXiv.org, revised Dec 2009.
    12. Wang, Zheng-Xin & Jv, Yue-Qi, 2023. "Revisiting income inequality among households: New evidence from the Chinese Household Income Project," China Economic Review, Elsevier, vol. 81(C).
    13. Christopher Candelaria & Mary C. Daly & Galina Hale, 2009. "Beyond Kuznets: persistent regional inequality in China," Working Paper Series 2009-07, Federal Reserve Bank of San Francisco.
    14. Bertocchi, Graziella & Brunetti, Marianna & Torricelli, Costanza, 2014. "Who holds the purse strings within the household? The determinants of intra-family decision making," Journal of Economic Behavior & Organization, Elsevier, vol. 101(C), pages 65-86.
    15. Jing Li & Tsun Se Cheong & Jianfa Shen & Dahai Fu, 2019. "Urbanization And Rural–Urban Consumption Disparity: Evidence From China," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 64(04), pages 983-996, September.
    16. Bertocchi, Graziella & Brunetti, Marianna & Torricelli, Costanza, 2011. "Marriage and other risky assets: A portfolio approach," Journal of Banking & Finance, Elsevier, vol. 35(11), pages 2902-2915, November.
    17. Costas Efthimiou & Adam Wearne, 2016. "Household Income Distribution in the USA," Papers 1602.06234, arXiv.org.
    18. Yuwan Duan & Erik Dietzenbacher & Bart Los & Ruochen Dai, 2023. "Regional inequality in China during its rise as a giant exporter: A value chain analysis," Journal of Regional Science, Wiley Blackwell, vol. 63(1), pages 148-172, January.
    19. Tatiana Karabchuk, 2020. "Job Instability and Fertility Intentions of Young Adults in Europe: Does Labor Market Legislation Matter?," The ANNALS of the American Academy of Political and Social Science, , vol. 688(1), pages 225-245, March.
    20. Kazuhiro Kumo & Alexandra Koval & Irina Korgun & Olga Trofimenko, 2018. "Foreign Trade and Regional Inequality:The Case of the Russian Federation," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(3), pages 884-895.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:qualqt:v:49:y:2015:i:6:p:2307-2323. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.