Assessment of Sustainable Well-being in the Italian Regions: An Activity Analysis Model

Applying the theoretical framework of productive analysis, the paper proposes an evaluation of regional sustainable well-being (SWB) in terms of efficiency. By means of an Activity Analysis Model (AA) (Färe et al., 1996), desirable and undesirable outcomes of development have been simultaneously used to evaluate the sustainable well-being of Italian regions. Data on equal and sustainable well-being provided by the Italian Statistical Office for the year 2010 has been used. The analysis reveals that only four regions achieve sustainable well-being, balancing socio-economic and environmental outcomes and resources. Finally, the study points out the advantages of AA for policy purposes by comparing it to a composite indicator of SWB.