Waste management, as a measure of socio-environmental sustainability, is nowadays a public environmental concern. This study aims to explore the associations between cultural access and proenvironmental behavior. Applying a Multinomial Probit Model (MNP), we provide an exploratory analysis of the relationship between cultural consumptions and households’ level of recycling. Data came from the Italian Multipurpose Survey on Households Daily Life Aspects 2007, provided by ISTAT. The analysis highlights a strong positive relation between the propensity to take part in some cultural activities and the propensity to abide by waste recycling guidelines and prescriptions. Our empirical results are beneficial for designing preventive policies aiming to influence sustainable development by fostering pro-environmental by considering the impact of cultural access.
The aim of the paper is to estimate, through the dynamic panel data analysis, the effects of change in structural balance on debt and public balance in 11 Eurozone countries in the years 2000-2013, then divided into two time span: 2000-2008 and 2009-2013. The results show, for the whole sample considered, that – contrary to the accounting rules – the higher is the structural balance the higher is the debt especially after 2009. In regard to the effect on overall and primary public balance, the accounting relationship is confirmed for the whole period, while less than proportional for the two sub-samples. These empirical results suggest, therefore, that if a sound public finance has to be considered as an objective to be achieved per se, it should not be pursued in times of declining macroeconomic conditions.
The present paper analyzes the medium- and the short-run dynamics of the labor share in Italy adopting an unusual approach to the problem. We do notstudy the aggregate level, but analyze instead the labor shares of firms. The aim is to identify determinants of the labor shares and investigate the effects of the elasticity of substitution between labor and capital, the effects of technical progress and globalization.
This paper proposes a theoretical framework of the factors that affect the gap between the rich and the poor in the European Union. It uses a twelve-year panel data set from 2002 to 2012 of 27 countries to determine the short-term effects of the macroeconomic performance, the level of household income inequality, and the social protection expenditure on the extremes of the income distribution, controlling for several structural factors of income disparity. The impact of these variables on the shares of income separately accruing to the bottom, median and top household income is estimated. It is found that the three core determinants have a different impact before the Great Recession of 2008 and during the crisis years, and a different public commitment towards reducing disparities depending on the type of welfare regime.
The effect of the presence of an externality in a general equilibrium scenario is illustrated in a standard Edgeworth box. Assuming utility functions parameterized by the incidence of the externality and taking into account the resource constraints when deriving agents’ indifference curves for consumption distributions renders possible to depict contract curves with and without the externality in the same box. The introduction of a market for the right to generate the externality extends the Second Welfare Theorem to hold in the presence of an externality, too. In doing this a novel and strikingly simple graphical procedure is developed to obtain the complete picture.