IDEAS home Printed from https://ideas.repec.org/a/ers/ijfirm/v4y2014i2p711.html

A New Income Indicator for the Assessment of Regional Competitiveness and Sustainability

Author

Listed:
  • Luca Salvati
  • Alberto Sabbi

Abstract

The present study evaluates the economic dynamics of more than 600 local districts for two years (2001 and 2005) in Italy with the aim to propose a new income indicator for the assessment of regional competitiveness in a traditionally divided country. The spatial distribution of district value added standardized by land surface was analyzed and compared with traditional indicators of per capita and per worker district value added. The three income indicators were then correlated to 15 variables (including share of agriculture and industry on total product, labour productivity by sector, per-capita and per-worker value added) to produce a multidimensional analysis of regional development using exploratory statistics. This approach allows evaluating the complex geography of economic development in Italy and the different relationships between the three income indicators and the selected socioeconomic variables at the district scale. Results indicate that the three income indicators show a diverging spatial distribution being correlated to different socioeconomic variables. The north-south divide and other geographical gradients traditionally observed in Italy (coastal-inland, urban-rural, among others) were identified by all income indicators. The joint use of the three income indicators reviewed in this study is considered to improve monitoring of regional competitiveness dynamics in divided countries.

Suggested Citation

  • Luca Salvati & Alberto Sabbi, 2014. "A New Income Indicator for the Assessment of Regional Competitiveness and Sustainability," International Journal of Finance, Insurance and Risk Management, International Journal of Finance, Insurance and Risk Management, vol. 4(2), pages 711-711.
    • Handle: RePEc:ers:ijfirm:v:4:y:2014:i:2:p:711
    as

    Download full text from publisher

    File URL: https://journalfirm.com/journal/100/download
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Giovanni Iuzzolino & Guido Pellegrini & Gianfranco Viesti, 2011. "Convergence among Italian Regions, 1861-2011," Quaderni di storia economica (Economic History Working Papers) 22, Bank of Italy, Economic Research and International Relations Area.
    2. Giuseppe Arbia & Jean H. P. Paelinck, 2003. "Economic convergence or divergence? Modeling the interregional dynamics of EU regions, 1985–1999," Journal of Geographical Systems, Springer, vol. 5(3), pages 291-314, November.
    3. Tommaso Proietti, 2005. "Convergence in Italian regional per-capita GDP," Applied Economics, Taylor & Francis Journals, vol. 37(5), pages 497-506.
    4. Marinella Terrasi, 1999. "Convergence and divergence across Italian regions," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 33(4), pages 491-510.
    5. Bertrand Zuindeau, 2006. "Spatial approach to sustainable development: Challenges of equity and efficacy," Regional Studies, Taylor & Francis Journals, vol. 40(5), pages 459-470.
    6. Antonio Giusti & Laura Grassini, 2007. "Local Labor Systems and Agricultural Activities: The Case of Tuscany," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 13(4), pages 475-487, November.
    7. Bertrand Zuindeau, 2007. "Territorial equity and sustainable development," Post-Print halshs-00200677, HAL.
    8. Eleonora Patacchini, 2008. "Local analysis of economic disparities in Italy: a spatial statistics approach," Statistical Methods & Applications, Springer;Società Italiana di Statistica, vol. 17(1), pages 85-112, February.
    9. repec:kap:iaecre:v:13:y:2007:i:4:p:475-487 is not listed on IDEAS
    10. Enrico Casadio Tarabusi & Paolo Palazzi, 2004. "Un indice per lo sviluppo sostenibile," Moneta e Credito, Economia civile, vol. 57(226), pages 123-149.
    11. Michael Dunford, 2002. "Italian Regional Evolutions," Environment and Planning A, , vol. 34(4), pages 657-694, April.
    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. Luca Salvati, 2015. "Space matters: Reconstructing a Local-scale Okun's Law for Italy," International Journal of Finance, Insurance and Risk Management, International Journal of Finance, Insurance and Risk Management, vol. 5(1), pages 833-833.

    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. Luca Salvati & Marco Zitti, 2017. "Urban Concentration, Agglomeration Economies and the Spatial Structure of Italian Local Labor Market Areas," Research in Applied Economics, Macrothink Institute, vol. 9(2), pages 1-17, June.
    2. Luca Salvati, 2015. "Space matters: Reconstructing a Local-scale Okun's Law for Italy," International Journal of Finance, Insurance and Risk Management, International Journal of Finance, Insurance and Risk Management, vol. 5(1), pages 833-833.
    3. Efstathios Grigoriadis & Luca Salvati, 2015. "Recession In Action: Exploring The Spatial Divergence Of Percapita Income In Greece," Romanian Journal of Regional Science, Romanian Regional Science Association, vol. 9(2), pages 68-83, DECEMBER.
    4. Luca Salvati & Margherita Carlucci & Giuseppe Venanzoni, 2017. "Recession, resilience, local labour markets: wealthier is better?," Letters in Spatial and Resource Sciences, Springer, vol. 10(2), pages 177-204, July.
    5. Pastuszka, Sławomir & Skrzypek, Jurand, . "Konwergencja czy dywergencja regionów włoskich?," Gospodarka Narodowa-The Polish Journal of Economics, Szkoła Główna Handlowa w Warszawie / SGH Warsaw School of Economics, vol. 2017(2).
    6. Sławomir Pastuszka & Jurand Skrzypek, 2017. "Konwergencja czy dywergencja regionów włoskich?," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 2, pages 101-130.
    7. Luca Salvati, 2016. "The Dark Side of the Crisis: Disparities in per Capita income (2000–12) and the Urban-Rural Gradient in Greece," Tijdschrift voor Economische en Sociale Geografie, Royal Dutch Geographical Society KNAG, vol. 107(5), pages 628-641, December.
    8. Edgardo Sica, 2005. "Climatic differences and Economic Growth across Italian Provinces: First Empirical Evidence," Quaderni DSEMS 20-2005, Dipartimento di Scienze Economiche, Matematiche e Statistiche, Universita' di Foggia.
    9. Luca Salvati, 2014. "Toward a ‘Sustainable’ land degradation? Vulnerability degree and component balance in a rapidly changing environment," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 16(1), pages 239-254, February.
    10. Stilianos Alexiadis & Matthias Koch & Tamás Krisztin, 2011. "Time series and spatial interaction: An alternative method to detect converging clusters," ERSA conference papers ersa11p1678, European Regional Science Association.
    11. Linda Andersson & Johan Lundberg & Magnus Sjostrom, 2007. "Regional Effects Of Military Base Closures: The Case Of Sweden," Defence and Peace Economics, Taylor & Francis Journals, vol. 18(1), pages 87-97.
    12. Li, Mengxu & Liu, Jianghua & Chen, Yang & Yang, Zhijiu, 2023. "Can sustainable development strategy reduce income inequality in resource-based regions? A natural resource dependence perspective," Resources Policy, Elsevier, vol. 81(C).
    13. Umberto Di Maggio & Giuseppe Notarstefano & Giuseppe Terzo, 2020. "The spatial determinants of employment growth in the cooperative sector: an analysis of Italian provinces," RIEDS - Rivista Italiana di Economia, Demografia e Statistica - The Italian Journal of Economic, Demographic and Statistical Studies, SIEDS Societa' Italiana di Economia Demografia e Statistica, vol. 74(3-4), pages 123-134, July-Dece.
    14. Giorgio Brosio, 2017. "Equalization transfers and convergence between federal and unitary systems: A contribution to their historical analysis," ECONOMIA PUBBLICA, FrancoAngeli Editore, vol. 2017(3), pages 21-66.
    15. Sébastien Breau & Annie Lee, 2023. "The evolution of the Kuznets curve in Canada," Papers in Regional Science, Wiley Blackwell, vol. 102(4), pages 709-735, August.
    16. Giuseppe Arbia & Jean H. P. Paelinck, 2003. "Spatial Econometric Modeling of Regional Convergence in Continuous Time," International Regional Science Review, , vol. 26(3), pages 342-362, July.
    17. Mauro Costantini & Giuseppe Arbia, 2006. "Testing the stochastic convergence of Italian regions using panel data," Applied Economics Letters, Taylor & Francis Journals, vol. 13(12), pages 775-783.
    18. Jean-François Ruault & Alice Dupré La Tour & André Evette & Sandrine Allain & Jean-Marc Callois, 2022. "A biodiversity-employment framework to protect biodiversity," Post-Print hal-03365820, HAL.
    19. Giovanni Caggiano & Leone Leonida, 2013. "Multimodality in the distribution of GDP and the absolute convergence hypothesis," Empirical Economics, Springer, vol. 44(3), pages 1203-1215, June.
    20. Paolo Pinotti, 2012. "The economic costs of organized crime: evidence from southern Italy," Temi di discussione (Economic working papers) 868, Bank of Italy, Economic Research and International Relations Area.

    More about this item

    Keywords

    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    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:ers:ijfirm:v:4:y:2014:i:2:p:711. 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: Marios Agiomavritis (email available below). General contact details of provider: https://journalfirm.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.