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A Malmquist-Based Approach to Change in Local Economic Well-being

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  • Pilar Murias
  • Simone Novello
  • Fidel Martínez-Roget

Abstract

Murias P., Novello S. and Martínez-Roget F. A Malmquist-based approach to change in local economic well-being, Regional Studies. The focus on the multifaceted nature of well-being has increased substantially in recent years. This paper employs data envelopment analysis (DEA) combined with the Malmquist index to examine the temporal change in the economic well-being of Spanish provinces over the ten-year period between 1996 and 2006. This method not only allows the aggregation of multiple indicators and the estimation of well-being shifts over time, but also shows the sources of variation in local economic well-being. The results seem to suggest that whilst economic well-being has improved in the great majority of provinces, this advancement stems largely from a more favourable environment than from the specific capacity of each province to reduce its relative distance from key benchmarks.

Suggested Citation

  • Pilar Murias & Simone Novello & Fidel Martínez-Roget, 2016. "A Malmquist-Based Approach to Change in Local Economic Well-being," Regional Studies, Taylor & Francis Journals, vol. 50(8), pages 1273-1289, August.
    • Handle: RePEc:taf:regstd:v:50:y:2016:i:8:p:1273-1289
    DOI: 10.1080/00343404.2015.1016414
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    Cited by:

    1. Panagiotis Artelaris, 2022. "A development index for the Greek regions," Quality & Quantity: International Journal of Methodology, Springer, vol. 56(3), pages 1261-1281, June.
    2. Paolo Liberati & Giuliano Resce, 2022. "Regional Well-Being and its Inequality in the OECD Member Countries," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 20(3), pages 671-700, September.

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