Population Dynamics and Regional Social Security Sustainability in Italy. Issue 1 (2nd January 2016)

• Record Type: Journal Article
• Authors: Bonasia, Mariangela; De Siano, Rita
• Is Part Of: Regional studies. Volume 50:Issue 1(2016)
• Page Start: 124
• Page End: 136
• Publication Date: 2016-01-02
• Subjects: Demographic ageing -- Public pensions -- Interregional migration -- Regional differences -- Panel data analysis; 人口老化 -- 公共退休金 -- 跨区移民 -- 区域差异 -- 面板资料分析; Vieillissement de la population -- Retraite du régime général -- Migration interrégionale -- Différences régionales -- Analyse de données de panel; Demografisches Altern -- Gesetzliche Altersversorgung -- Interregionale Migration -- Regionale Unterschiede -- Paneldaten-Analyse; Envejecimiento demográfico -- Pensiones públicas -- Migración interregional -- Diferencias regionales -- Análisis de datos de panel; H55 -- J11 -- R23; Regional planning -- Periodicals; Regional planning -- Great Britain -- Periodicals; 307.14
• DOI: 10.1080/00343404.2014.899692
• Languages: English
• ISSNs: 0034-3404

Abstract

Abstract : Bonasia M. and De Siano R. Population dynamics and regional social security sustainability in Italy, Regional Studies . Making due allowances for differences in demographics, the labour market and internal migration dynamics, this study analyses the sustainability of the Italian pension balance at a regional level. A worsening of the elderly dependency ratio and a decline in birth and employment rates have generated a negative trend, particularly for regions in southern Italy, characterized by early retirement and an increase in migration outflows. The suggestion is that a decentralized pension policy is not a Pareto-efficient solution because it would favour the sustainability of the pension balance in northern regions over those in the South.