Search results for " Panel data"
showing 4 items of 24 documents
Human Capital and Income Inequality: Some Facts and Some Puzzles
2012
Using a broad number of indicators from an updated data set on human capital inequality for 146 countries from 1950 to 2010, this paper documents several facts regarding the evolution of income and human capital inequality. The main findings reveal that, in spite of a large reduction in human capital inequality around the world driven by a decline in the number of illiterates of several hundreds of millions of people, the inequality in the distribution of income has hardly changed. In many regions, the income Gini coefficient in 1960 was very similar to that in 2005. Therefore, improvements in literacy are not a sufficient condition to reduce income inequality, even though they improve life…
SHOOTING DOWN THE PRICE: EVIDENCE FROM MAFIA HOMICIDES AND HOUSING MARKET VOLATILITY
2019
In this work, we assess the role of a specific type of organized crime in influencing choices on where living within the city territory, and consequently, volatility in house prices. More specifically, we test how organized crime killing may influence house pricing behaviors. Firstly, we show evidences about how organized crime is associated with higher inequality of housing prices for Italian cities in 2011. Then, by collecting and geo referencing data on the city of Naples for the period 2002-2016, we test for the direct influence of homicides on the relevant territory, as on the neighboring districts. Results show a negative and significant impact of killing on the house prices either fo…
A spatial origin‐destination approach for the analysis of local tourism demand in Italy
2023
The article assesses the competitiveness of tourist destinations, while accounting for spatial features of tourism and information on both the origin and the destination of tourists. Using a dynamic spatial panel data model with common factors within the origin-destination framework, it explores unilateral inbound tourism flows in 110 Italian regions from 23 European origin countries over the period 2004-2017. The estimation and test results confirm the need to consider this advanced spatial econometric model. In an empirical application measuring tourism resilience of regions based on this model, the results demonstrate the importance of promoting coordinated actions between neighbouring d…
Poverty Permanence Among European Youth
2008
Previous studies suggest that Scandinavian countries are the ones with the highest rates of youth poverty in Europe. This somewhat unexpected finding prompts the question whether the incidence of poverty is an appropriate measure of youth disadvantage. Instead of considering poverty rates we define here youth disadvantage in terms of the number of periods an individual is recorded to be below the poverty line. Using the European Community Household Panel, individuals are classified into different groups of poverty permanence, each reflecting severity of social disadvantage. Based on these categories we implement a generalized ordinal logit model to assess the various factors associated with…