The aim of this paper is to analyze the evolution of well-being changes due to, on one side, the changes in the weighting scheme and, on the other, changes in the indicators along the time. An alternative methodology is proposed in this paper that allows one to decompose a multidimensional index...

The interpretation and measurement of the innovation performance of territorial units represent well established research areas. Nevertheless the way this issue is usually addressed raises several questions. In present paper we are dealing with two of these problematic fields: the level of...

We develop a theoretical model that jointly explains optimal choices and happiness. We work with constant elasticity of substitution functions for utility and happiness. Employing a choice framework, individuals are confronted with two options. When there exists a trade-off, we determine...

The paper analyzes the satisfaction regarding the financial situation in Romania compared to the rest of the member countries of the European Union. The work analyzed indicators that express the material well-being of a society such as: GDP and Median Income, but also satisfaction regarding the...

In recent times, the attention given to the importance of tourism as a particularly efficient way to promote regional development has significantly increased, owing to the capacity of tourism to create income and employment and to generate synergies within other economic sectors. Tourism is...

We present a simple reproducible methodology for constructing regional capital stock data, which we apply to Israel. We find that capital deepening has been sigma-convergent since 1985. This process is "inverted" since capital stocks and capital-labor ratios in the richer center have been...

The expansive nature of the dominant socio-economic model lead to the current globalized economy based on open borders, the laws of the open market and the integration of local economic systems. This has as central component the establishment of supranational institutional forms (such as...

The purpose of the paper is to identify areas in South Africa where social-economic disparity exists using 2011 census data. Different indices are used to measure spatial disparity with the aim of finding the most appropriate approach for measuring disparities under different circumstances. The...

When welfare is analysed in Sweden the analysis is usually made at the national level; when the analysis is not done on the national level, the local level is in focus to illuminate differences between municipalities. Studies on poverty are no exception. The regional level contains a lot of...