World-System (1970-2100) Inequality Forecasts for Italy

                     

This page is UNDER CONSTRUCTION but you can study the graphic, the State Space model outputs and the Wikipedia links below. 

The best model (using the AIC Statistics) is driven by the EU index but the best model, in terms of reducing Inequality (GINI coefficient) is input from the World System.

Notes

You can run the ITL20 Model in R-code (here). For more of my posts see Blog Roll: Italy, the Boiler Plate and the Introduction to State Space Models.

Questions

1. Is the story of Inequality in Italy simply a story or "rich vs. poor" people?
2. How is Inequality controlled in Italy (see GINI2 and GINI3)?
3. It Italy became a Steady-State Economy, would stable, current levels of Inequality be acceptable to the Political System?

Wikipedia Links

• Economy of Italy a highly developed social market economy. It is the third-largest national economy in the European Union, the 8th-largest economy in the world by nominal GDP, and the 12th-largest by PPP-adjusted GDP.
• Politics of Italy  conducted through a parliamentary republic with a multi-party system. Italy has been a democratic republic since 2 June 1946, when the monarchy was abolished by popular referendum and a constituent assembly, formed by the representatives of all the anti-fascist forces that contributed to the defeat of Nazi and Fascist forces during the liberation of Italy, was elected to draft a constitution, which was promulgated on 1 January 1948.
• History of Italy inhabited by humans since the Paleolithic. During antiquity, there were many peoples in the Italian peninsula, including Etruscans, Latins, Samnites, Umbri, Cisalpine Gauls, Greeks in Magna Graecia and others. Most significantly, Italy was the cradle of the Roman civilization.
• Geography of Italy includes the description of all the physical geographical elements of Italy. Italy, whose territory largely coincides with the homonymous geographical region, is located in southern Europe and comprises the long, boot-shaped Italian Peninsula crossed by the Apennines, the southern side of Alps, the large plain of the Po Valley and some islands including Sicily and Sardinia. 

Inequality Measurement Model

AIC Statistics

State-Space Models

World-System (1970-2100): Geopolitical Alignment Forecasts for Italy

 

                     

This page is UNDER CONSTRUCTION but you can study the graphic above and the State Space Model outputs below. 

The best model (using the AIC Statistics) is driven by the RW (Random Walk) model, in terms of increasing Growth is input from the EU (European Union).

Notes

You can run the ITL20 Model in R-code (here). For more of my posts see Blog Roll: Italy, the Boiler Plate and the Introduction to State Space Models.

Questions

1. What is the best Geopolitical Alignment for Italy?

Wikipedia Links

• Economy of Italy a highly developed social market economy. It is the third-largest national economy in the European Union, the 8th-largest economy in the world by nominal GDP, and the 12th-largest by PPP-adjusted GDP.
• Politics of Italy  conducted through a parliamentary republic with a multi-party system. Italy has been a democratic republic since 2 June 1946, when the monarchy was abolished by popular referendum and a constituent assembly, formed by the representatives of all the anti-fascist forces that contributed to the defeat of Nazi and Fascist forces during the liberation of Italy, was elected to draft a constitution, which was promulgated on 1 January 1948.
• History of Italy inhabited by humans since the Paleolithic. During antiquity, there were many peoples in the Italian peninsula, including Etruscans, Latins, Samnites, Umbri, Cisalpine Gauls, Greeks in Magna Graecia and others. Most significantly, Italy was the cradle of the Roman civilization.
• Geography of Italy includes the description of all the physical geographical elements of Italy. Italy, whose territory largely coincides with the homonymous geographical region, is located in southern Europe and comprises the long, boot-shaped Italian Peninsula crossed by the Apennines, the southern side of Alps, the large plain of the Po Valley and some islands including Sicily and Sardinia. 

IT1 AIC Statistics

IT1 EU Model