Mapping socioeconomic well-being across EU regions

Valeria, Andreoni and Stefano, Galmarini (2016) Mapping socioeconomic well-being across EU regions. International Journal of Social Economics, 43 (3). pp. 226-234. ISSN 0306-8293

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Abstract

In this paper a multidimensional approach is used to map well-being across European regions. By considering the set of socioeconomic indicators provided by Eurostat for the EU 266 NUTS-2 regions, three main analyses have been performed for the year 2009: (1) The “ideal point” technique has been used to identify: (i) the best EU performances; (ii) the number and type of indicators that need to be improved in every European regions. (2) A map of well-being has been elaborated to provide a picture summarizing the regional values in comparison to the European average. (3) Gini coefficient has been calculated to identify the indicators that outline the largest inequalities across EU. The method presented in this paper is suitable to be complemented with subjective ranking of values and preference, making the proposed methodology useful to investigate well-being in a national, regional or individual scale. By providing a multidimensional description of well-being across the 266 EU regions, the methodology presented identifies the existing differences on socioeconomic performance and when used systematically could be a good auxiliary tool for policy efficacy monitory and policy implementation planning. The results provided could in fact be useful to design policies oriented to reduce inequalities and to promote socio-economic and environmental convergences across European regions.

Item Type: Article
Additional Information and Comments: This article is (c) Emerald Group Publishing and permission has been granted for this version to appear here http://hira.hope.ac.uk/1267/. Emerald does not grant permission for this article to be further copied/distributed or hosted elsewhere without the express permission from Emerald Group Publishing Limited.
Keywords: Well-being, Multidimensional approach, Integrated description, EU regions, EU policies
Faculty / Department: Faculty of Arts & Humanities > Business School
Depositing User: Valeria Andreoni
Date Deposited: 30 Sep 2016 13:29
Last Modified: 30 Sep 2016 13:29
URI: http://hira.hope.ac.uk/id/eprint/1267

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