Assessing the Inequalities of Wealth in Regions: the Italian Case

Abstract

This paper discusses region wealth size distributions, through their member cities aggregated tax income. As an illustration, the official data of the Italian Ministry of Economics and Finance has been considered, for all Italian municipalities, over the period 2007-2011. Yearly data of the aggregated tax income is transformed into a few indicators: the Gini, Theil, and Herfindahl-Hirschman indices. On one hand, the relative interest of each index is discussed. On the other hand, numerical results confirm that Italy is divided into very different regional realities, a few which are specifically outlined. This shows the interest of transforming data in an adequate manner and of comparing such indices.

to be published in Quality and Quantity; 23 pages; 1 figure; 23 tables; 19 references

References in corpus (3)

• Benford's law and Theil transform of financial data
• Entropy and equilibrium state of free market models
• Wealth distribution of simple exchange models coupled with extremal dynamics

Cited by in corpus (6)

• Socio-economical analysis of Italy: The case of hagiotoponym cities
• Intriguing yet simple skewness - kurtosis relation in economic and demographic data distributions; pointing to preferential attachment processes
• Studies on Regional Wealth Inequalities: the case of Italy
• Seasonal Entropy, Diversity and Inequality Measures of Submitted and Accepted Papers Distributions In Peer-Reviewed Journals
• New inequality indicators for team ranking in multi-stage female professional cyclist races
• Data on the annual aggregated income taxes of the Italian municipalities over the quinquennium 2007-2011