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This paper proposes spatial comprehensive composite indicators to evaluate the well-being levels and ranking of Italian provinces with data from the Equitable and Sustainable Well-Being dashboard. We use a method based on Bayesian latent factor models, which allow us to include spatial dependence across Italian provinces, quantify uncertainty in the resulting estimates, and estimate data-driven weights for elementary indicators. The results reveal that our data-driven approach changes the resulting composite indicator rankings compared to those produced by traditional composite indicators' approaches. Estimated social and economic well-being is unequally distributed among southern and northern Italian provinces. In contrast, the environmental dimension appears less spatially clustered, and its composite indicators also reach above-average levels in the southern provinces. The time series of well-being composite indicators of Italian macro-areas shows clustering and macro-areas discrimination on larger territorial units. [ABSTRACT FROM AUTHOR]

This work exploits a large panel dataset on Italian manufacturing SMEs to examine the relationship between leverage and firms' financial stability. Specifically, we evaluate whether and to what extent this link is affected by the degree of competition characterising the local credit market in which firms operate. Using two measures of local banking competition – the H-statistic and the Boone indicator – our evidence indicates that the negative impact of leverage on firms' financial health is greater for firms operating in more competitive banking markets. A plausible interpretation of this finding is that the competition drawbacks could prevail on its expected advantages, leading banks to be less inclined to establish lending relationships with risky firms, thus exacerbating their financial vulnerability. [ABSTRACT FROM AUTHOR]

Entrepreneurial ecosystems (EEs) are viewed as the combination or interaction of elements producing shared innovative and cultural values that support entrepreneurial activities within a territory. The literature has mainly taken a static view of the concept and has analyzed these ecosystems at national or at NUTS-2 regional level. This paper proposes the NUTS-3 provincial level as a spatial unit for measuring EEs in a dynamic perspective and focuses on the Italian case using data for the 2000–2018 period. The choice of NUTS-3 provinces is supported by theoretical arguments and it is confirmed by empirical results, which show some degree of heterogeneity in the level of EEs across provinces and some spatial patterns that would have been ignored using larger spatial units. The temporal dimension also reveals some intra-distribution mobility in the cross-sectional values of the provincial EE index. The paper contributes to advancing the research on EEs, has implications for policymakers and practitioners, and suggests directions for future studies. [ABSTRACT FROM AUTHOR]

We investigate whether the geographic concentration of non-EU immigrants in the various Italian provinces affects labour tax avoidance (LTAV) practices adopted by firms located in the same provinces, as well as in the neighbouring provinces, and operating in construction and agriculture industries that mostly employ immigrants in Italy. For this purpose, we develop a LTAV proxy based on the financial accounting information of a sample of 993,606 firm-years, disseminated throughout the 108 Italian provinces, over the period 2008–2016. Our results, based on a Spatial Durbin Model panel regression, reveal a statistically significant positive association between the concentration of non-EU immigrants and LTAV at province level, as well as the presence of spillover effects among neighbouring provinces. Our findings are robust to several additional analyses, including instrumental variable estimations. Our study provides empirical support to previous structuralist or marginalization theories holding that socioeconomically marginalized groups, such as non-EU immigrants, are more likely to be involved in labour exploitation practices, which could underlie our LTAV outcomes. Furthermore, it supports the need for tax authorities to strengthen labour inspections, coordinated at national level, especially in those contexts where non-EU immigrants are mostly employed. On the other hand, a greater social integration, assistance, and recognition of rights of immigrants may help to alleviate their situation of weakness that makes them more vulnerable to LTAV practices. Finally, tackling LTAV, associated with the underemployment of immigrants, may prevent its negative effects for society arising from the reduction of public resources to sustain the social welfare and finance public goods and services. [ABSTRACT FROM AUTHOR]

The existing literature identifies different indicators to construct organized crime indices and places equal importance to different concepts of organized crime. This paper examines the sensitivity of organized crime across Italian provinces when different set of indicators and weights are used to combine crime indicators. Our findings suggest that there is a remarkable variation in the distribution of organized crime across Italian provinces based on the choice of indicators and the importance given to different crime indicators. It is also found that the relationship of organized crime with socioeconomic and political factors varies depending on the normative choices made in the construction of an organized crime index. [ABSTRACT FROM AUTHOR]

This paper investigates—through dynamic panel data techniques—the impact of Unesco World Heritage List (WHL) sites on international tourist arrivals. Relying on a sample of Italian provinces over the period 1997–2015, a positive effect of WHL inscriptions on foreign visitors' attractiveness is found. These results provide a further contribution to the debate about the role of WHL in fostering tourism, and, differently from other analyses on the Italian regions, support the conclusion that the inscription in the list can play a role in promoting attractiveness. [ABSTRACT FROM AUTHOR]

In recent years, a significant number of papers has been published providing alternative measures of progress and well-being to Gross Domestic Product. Most of these papers differs in terms of their theoretical approach as well as their purpose and statistical methodology used to define what well-being is and how to measure it. In this paper, we construct a well-being indicator for the Italian provinces that shows a high degree of heterogeneity not only between the Northern and Southern Italian provinces, but also among adjacent provinces. [ABSTRACT FROM AUTHOR]

This paper examines the territorial disparities between Italian provinces through an alternative measure (well-being composite index) as opposed to traditional ones (value added), in order to assess the possible industrial district (ID) effect on growth performance. The analysis shows that the ID effect is absent when considering (per capita) value added growth, which confirms recent empirical evidence, while it is significant when considering well-being. Furthermore, 'highly ID provinces' show a relatively better performance in terms of population growth rates, which, combined with their better socio-economic conditions, sheds new light on the explanation of the persistence of Italian disparities and gives interesting insights for the design of sounder local policy measures. [ABSTRACT FROM AUTHOR]

Italy's regions experienced different rates of human capital accumulation in the late nineteenth and early twentieth centuries. Although southern regions were very disadvantaged when the unification of the country took place in 1861, they caught up at a very slow pace-and a remarkable regional divide in education persisted until the interwar period. While previous hypotheses have focused on the role played by fiscal capacity, this paper sheds new light on the effect that enfranchisement had on the growth of schooling. The presence of large regional disparities in local electoral franchise is confirmed by the data; however, the relationship between voting rights, the intensity of local direct taxation and municipal fiscal capacity is weak at best. Furthermore, if the impact of these factors is analysed separately through a number of econometric models, fiscal capacity stands out as the most significant determinant of education across Italy's provinces. Against recent hypotheses, these results show that the different distribution of political voice within Italy's municipalities did not determine the persistence of regional inequalities in schooling in the long run: it was Italy's national education system, together with remarkable and pre-existent regional disparities, that slowed down the development of human capital in rural and southern regions, with immense costs in terms of future prospects for economic growth and human development. [ABSTRACT FROM AUTHOR]

New entrepreneurial ventures may represent a viable and effective mechanism to transform academic knowledge into regional economic growth. We test this notion for the Italian provinces between 2001 and 2006. We evaluate three outputs of academic activities: teaching, research and intellectual property rights activities. New ventures may be able to transform the mentioned outputs into improved economic performance. The findings show that the effects of academic outputs on provincial economic growth (all sectors) are appreciable when they are associated with sustained entrepreneurial activities in the province. It suggests that academic inquiry may provide new ventures with valuable commercial opportunities overseen by established companies. [ABSTRACT FROM AUTHOR]

Law 68 of March 12, 1999, whose aim is to regulate and promote the employment of disabled people, has contributed significantly to the employment of persons with disabilities, and consequently to their social inclusion. In particular, article 13 of this law offers exemption from national insurance contributions to private institutions that employ disabled people. In this paper we propose a two-step analysis to assess the effectiveness of this law at the level of Italian Provinces for the year 2005. In the first phase, we verify by means of data envelopment analysis which Provinces are ranked among the most efficient ones in the application of article 13 of law 68/99. Then, through the use of cluster analysis, we examine differences among Provinces in terms of the factors that determine their different efficiency in the employment of disabled people. The results show that the employment of disabled persons is significantly affected by three groups of factors, i.e. the input endowment of the factors which affect the employment of disabled people, the Province ability to coordinate actions geared to achieving the employment of persons with disabilities, and the promotion of policy actions aimed at supporting the social inclusion of disabled people. [ABSTRACT FROM AUTHOR]

In this article we explore the impact of a series of factors, including creativity, intellectual property rights activities, new business formation, and the provision of amenities, on economic growth for 103 Italian provinces over the period spanning 2001 to 2006. Provincial growth rates are measured in terms of employment growth and value-added growth. The findings reveal that an increase in the number of firms active in the creative industries and net entry have a positive effect on regional employment growth. The share of legal immigrants is also found to positively impact employment growth. A high number of university faculties is found to lead to less employment growth, whereas trademarks, patents, cultural amenities, and industrial districts have no significant effect. Value-added growth is for a large part determined by employment growth, but no additional productivity-enhancing effects of the factors discussed are found. [ABSTRACT FROM AUTHOR]

There is considerable variation in the firm exit rate across the 103 provinces in Italy. This paper investigates a range of determinants of the exit rate for twelve different sectors in the Italian provinces for a period of eleven years. The analysis shows that the exit rate is positively affected by entry in the previous year (displacement) in the same sector. Previous exit has a different effect for the manufacturing industry as compared to the business services. More specifically, exit persists in manufacturing while in the business services it is rather exit in related sectors in the same province that leads to increased exit, probably due to the loss of clients or suppliers. The presence of industrial districts diminishes exit, especially in two manufacturing sectors (Food and Clothing), Commerce and Transport. Provinces with strong trademark activity appear to have lower exit rates. [ABSTRACT FROM AUTHOR]

This study investigates the influence of the unemployment rate on firm entry, exit and net entry in Italian provinces. We attempt to explain these market dynamics in six different sectors, including manufacturing, construction, commerce, hotels and restaurants, transport and financial services. We control for other regional factors, such as patenting activity, economic growth, economic welfare, tourism, industrial districts and whether being a major city. Findings indicate that the effects of unemployment on entry and exit are dependent upon the sector under study, but are mainly negative. This suggests a lack of dynamics in the Italian regional labor markets. [ABSTRACT FROM AUTHOR]