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The regional heterogeneity of wellbeing “expenditure” preferences: evidence from a simulated allocation choice on the BES indicators

Becchetti, Leonardo and Corrado, Luisa and Fiaschetti, Maurizio (2017) 'The regional heterogeneity of wellbeing “expenditure” preferences: evidence from a simulated allocation choice on the BES indicators.' Journal of Economic Geography, 17 (4). pp. 857-891.

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Abstract

With an online survey on major Italian newspapers we ask respondents to simulate the typical policymaker decision, that is, the dilemma of allocating scarce financial resources among alternative competing goals using the domains of the newly defined Italian BES (sustainable and equitable wellbeing) indicators. Our main finding is that homogeneity of choices is rejected since preferred allocations are strongly affected by socio-demographic factors and mainly by political orientation, age, education and gender. An important related result is that education and political orientation significantly affect preferences toward sustainable development. We as well find that respondents' expenditure preferences on a given BES domain are mainly affected by the relative scarcity/abundance of wellbeing on that given domain at the regional level.

Item Type: Journal Article
Keywords: Regional wellbeing indicators, political preferences, wellbeing preferences
SOAS Departments & Centres: Departments and Subunits > School of Finance & Management
Legacy Departments > Faculty of Law and Social Sciences > School of Finance and Management
Legacy Departments > Faculty of Law and Social Sciences > School of Finance and Management > Centre for Financial and Management Studies (CeFiMS)
Subjects: H Social Sciences > HA Statistics
H Social Sciences > HJ Public Finance
ISSN: 14682702
DOI (Digital Object Identifier): 10.1093/jeg/lbw042
Depositing User: Maurizio Fiaschetti
Date Deposited: 28 Nov 2016 12:03
URI: http://eprints.soas.ac.uk/id/eprint/23216

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