Abstract
The measurement of Equitable and Sustainable Well-being (BES) in Italy is one of the most appreciated monitoring tools by the Scientific Community. The focus on the Economic Well-being domain seems essential around the last serious economic crisis. The use of an innovative composite index can help to measure the multidimensional phenomenon and monitor the situation at European level.
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Notes
- 1.
Obviously, we cannot forget the current crisis deriving from the Covid19 pandemic situation. However, the adopted indicators are not still available for 2020 in all the Countries. Moreover, it should be evaluated when the pandemic situation will be officially declared as finished.
- 2.
Note that socio-economic indicators are basically of two types: per capita indicators and percentage indicators. Per capita indicators tend to be open-ended, in particular at the upper end of the range (e.g., GDP per capita); percentage type indicators tend to have severe constraints operating at the upper end of the range, with consequent piling up of observation there (e.g., Adult literacy). Therefore, most of individual indicators have positively or negatively skewed distributions [2].
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Cutillo, A., Mazziotta, M., Pareto, A. (2022). A Composite Index of Economic Well-Being for the European Union Countries. In: Salvati, N., Perna, C., Marchetti, S., Chambers, R. (eds) Studies in Theoretical and Applied Statistics . SIS 2021. Springer Proceedings in Mathematics & Statistics, vol 406. Springer, Cham. https://doi.org/10.1007/978-3-031-16609-9_1
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