Advanced Search
MyIDEAS: Login

Multidimensional economic well-being. Is it measurable? The case of Lombardy

Contents:

Author Info

  • Alberto Brugnoli
  • Giuseppe Folloni
  • Francesca Modena

Abstract

The definition and measurement of economic well-being is receiving growing attention, both in academic research and policy agenda, as a key issue to provide a solid basis for decision-making at all levels, both national and local. There is general agreement among economists and policy-makers about the necessity to go beyond GDP but the convergence towards a new and wider definition and measurement is far from being reached. This is why research and experiments that try to test different definitions and indicators can help, through empirical results, to the ongoing debate. This paper attempts to measure the multidimensional well-being of the Italian Region Lombardy, for the years 1995-2005, along the lines of the Index of Economic Well-Being (IEWB) proposed by the Centre for the Study of Living Standards (Osberg, 1985; Osberg and Sharpe, 2002, 2005). The evolution of the index is aligned with that of per capita GDP from 1995 to 2001 but diverges in the following period because of the fall of regional per capita GDP and consumption in the period 2002-2005 and a contemporary strong growth of the health dimension and of the level of human capital stock (education).

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://www.openloc.eu/cms/storage/openloc/working_papers/2009/BrugnoliFolloniModena2009.pdf
Download Restriction: no

Bibliographic Info

Paper provided by Public policies and local development in its series Openloc Working Papers with number 0910.

as in new window
Length:
Date of creation: 2009
Date of revision:
Handle: RePEc:trn:utwpol:0910

Contact details of provider:
Postal: Via Inama 5, 38100 Trento
Phone: +39-461-882201
Fax: +39-461-882222
Web page: http://www.openloc.eu/
More information through EDIRC

Related research

Keywords: well-being; composite indicators; development;

Find related papers by JEL classification:

References

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
as in new window
  1. Luigi Cannari & Giovanni D'Alessio, 2003. "La distribuzione del reddito e della ricchezza nelle regioni italiane," Temi di discussione (Economic working papers) 482, Bank of Italy, Economic Research and International Relations Area.
Full references (including those not matched with items on IDEAS)

Citations

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:trn:utwpol:0910. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Francesco Rentocchini).

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 references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link 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 profile, as there may be some citations waiting for confirmation.

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