Search results for "Economic Well-being"
showing 9 items of 9 documents
Composition of families and subjective economic well-being: an application to Italian context
2011
Using Italian data on Income and Living Conditions for the year 2005, the paper explores empirically whether the determinants of subjective economic well-being (SEW) differ (or not) in four representative typologies of households. By means of a Partial Proportional Ordered Logit Model the subjective economic well-being – proxied by the capacity of households to make ends meet – has been explored. Results highlight the variables acting on SEW, common to each typology, are related both to economic status (specifically, the capacity to pay taxes and to afford housing, clothes and holiday expenditures) and to socio-demographic status (specifically, the work-status and the highest level of educa…
Family Structure and Subjective Economic Well-Being: Some New Evidence
2013
The paper investigates the main socio-demographic and economic determinants of subjective economic well-being in different typologies of households. Previous studies have used dummy variables to explore the effect of family structure. In this paper, however four different models—one for each family typology—have been estimated to test if each selected explanatory variable is significant and how it acts in determining the level of subjective economic well-being. To achieve this, we apply an under-used logit model—the partial proportional ordered model. Our analysis, based on data from the 2005 Italian Survey on Income and Living Conditions highlights the main variables affecting the subjecti…
Analysis of Spatial Disparities by a Structural Equations Model
2008
This paper presents a new analytical framework for assessing spatial disparities among countries. It takes for granted that the analysis of a country’s performance cannot be limited solely to either economic or social factors. The aim of the paper is to combine relevant economic and non-economic (mainly social) aspects of a country’s performance in an integrated logical framework. Based on this idea, a structural simultaneous equation model will be presented and estimated in order to explore the direction of the causal relationship between the economic and the non-economic aspects of a country’s performance. Furthermore, an exploration of the trajectory that each country has registered over…
Analysis of Spatial Disparities by a Structural Equations Model
2008
This paper presents a new analytical framework for assessing spatial disparities among countries. It takes for granted that the analysis of a country’s performance cannot be limited solely to either economic or social factors. The aim of the paper is to combine relevant economic and non-economic (mainly social) aspects of a country’s performance in an integrated logical framework. Based on this idea, a structural simultaneous equation model will be presented and estimated in order to explore the direction of the causal relationship between the economic and the non-economic aspects of a country’s performance. Furthermore, an exploration of the trajectory that each country has registered over…
Leisure Consumption and well-Being among Older Adults: Does Age or Life Situation Matter?
2016
This study investigated the associations between leisure consumption and well-being in older adults (50–74 years old). To find out whether these associations are age-specific, they were compared with the associations observed among younger adults (18–49 years old). Differences between the older adults by age and life situation were also examined. This study was based on the “Finland 2014 – Consumption and Life style” survey (N = 1351), conducted among a representative sample of the Finnish adult population. Well-being was measured as mental, economic and physical well-being. Objects of leisure consumption were grouped by factor analysis, and the associations between the resulting leisure co…
A PCA-AA approach to measure equal and sustainable well-being in the Italian Regions
2015
Il contributo propone una misura di benessere delle regioni italiane in termini di efficienza, considerando simultaneamente dimensioni economiche, sociali ed ambientali. Utilizzando un approccio integrato dell’analisi in componenti principali e dell’Activity Analysis, lo studio fornisce una misura di benessere in termini economici ed ambientali. L’analisi evidenzia una generalizzata incapacità delle regioni italiane di realizzare una buona performance economica ed ambientale. The study proposes a measure of the well-being of Italian regions in terms of efficiency, considering simultaneously economic, social and environmental aspects. The paper suggests an integrated approach using Principal…
The determinants of subjective economic well-being: an analysis on Italian-Silc data
2011
Using Italian data on Income and living conditions for the year 2005, the paper investigates the main determinants of households’ subjective economic well-being by means of a Partial Proportional Ordered Logit Model. According to a joint subjective and objective perspective of analysis, we use as dependent variable the perceived ability of households to make ends meet. Whereas, we use as explanatory variables some objective aspects of living conditions relating to housing, financial equilibrium, possession of durables and quality of residence place and some socio-demographic characteristics. The empirical results show that the financial strain is the most relevant dimension of living condit…
The measurement of economic, social and environmental performance of countries: a novel approach
2010
This paper presents a new analytical framework for assessing spatial disparities among countries. It takes for granted that the analysis of a country's performance cannot be limited solely to either economic or social factors. The aim of the paper is to combine relevant economic and 'non-economic' (mainly social) aspects of a country's performance in an integrated logical framework. Based on this idea, a structural simultaneous equation model will be presented and estimated in order to explore the direction of the causal relationship between economic and non-economic aspects of a country's performance. Furthermore, an exploration of the trajectory that each country has registered over time …
Assessment of subjective economic well-being in Italy
2010
Using the European Survey on Income and Living Conditions for the year 2005, we analyze the subjective economic well-being and its determinants relating to some sub-groups of Italian households by means of an Ordered Logit Model (OLM), whose dependent variable is represented by a perception variable, that is the ability of households to make ends meet. The empirical results highlight that the main determinants of subjective economic well-being are the same for the four typologies of households. The subjective economic well-being is not only related to the economic status, but it is mostly influenced by socio-demographic variables, as work and education conditions. Furthermore, the level of …