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The Nautical Quality Index (NaQi): Methodology and Application to the Case of Italy

Author

Listed:
  • Enrico Ivaldi

    (Department of Economics University of Genova, via Vivaldi 5, 16126, Genova, ITALY)

  • Gian Marco Ugolini

    (Department of Political Science - University of Genoa, Largo della Zecca 8, 16124 Genova, ITALY)

Abstract

The present work aims at setting up an index to rank different coastal territories. The objective is to provide insights for future developing paths: a tool in the service of public decision-makers who govern the territories and optimize the local resources for the purpose of economic development, with the industry of boating involved. This paper offers indexes based on relevant indicators, all of which are available in advanced countries. The construction of the Nautical Quality Index (NaQi) follows a process that strictly adheres to the most reliable method of calculation: starting from 18 variables selected ad hoc, which are grouped into six synthetic indicators. The overall indicator is obtained as the sum of each partial indicator, appropriately re-standardized and weighted for the vector of dimensional weighting. The resulting NaQi is therefore a general classification, obtained from the sum of six synthetic indices.

Suggested Citation

  • Enrico Ivaldi & Gian Marco Ugolini, 2015. "The Nautical Quality Index (NaQi): Methodology and Application to the Case of Italy," Review of Economics & Finance, Better Advances Press, Canada, vol. 5, pages 43-58, May.
    • Handle: RePEc:bap:journl:150204
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    References listed on IDEAS

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    More about this item

    Keywords

    Nautical Quality Index; Composite indicator; Tourism; Weighted synthesis;
    All these keywords.

    JEL classification:

    • C18 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Methodolical Issues: General
    • R41 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Transportation: Demand, Supply, and Congestion; Travel Time; Safety and Accidents; Transportation Noise
    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)
    • J19 - Labor and Demographic Economics - - Demographic Economics - - - Other

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