Submitted:
04 March 2024
Posted:
05 March 2024
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Abstract
Keywords:
1. Introduction
2. Literature Review
| Synthesis of Literature Review | |
| Topic | References |
| RHS and demography | [1] |
| RHS for economic reason | [2,3,4,5,6,7,8,9] |
| RHS and localization | [10] |
| RHS and Covid 19 | [11,12] |
| RHS and psychological disease | [13,14,15,16] |
| How to contrast RHS | [17] |
3. The Econometric Model
3.1. The Relationship between RHS and the E-Component within the ESG Model
- DRMH: is the number of permanent exhibition structures per 100 km2 (museums, archaeological areas and monuments open to public), weighted by the number of visitors. The weight of each structure is assumed to be equal to (Vi/VM), where Vi is the number of visitors to the facility, M is the total number of structures and V is the total number of visitors. There is a positive relationship between the DRMH value and the RHS value. Many regions that have a high RHS value also have a high DRMH value such as Lazio with an RHS value equal to an amount of 13.2 and DRMH equal to 4.09, Umbria with an RHS value equal to 13 and a DRMH value equal to 1.4, Lombardy with an RHS value equal to 12.2 units and a DRMH value equal to 1.57, Valle D'Aosta with an RHS value equal to 12.1 units and a DRMH value of 1.38 units, Piedmont with an RHS value of 11.6 units and a DRMH value of 1.18 units. This positive relationship is mainly due to the presence of some regions which have a significant artistic-museum heritage and which also have a high value in terms of RHS such as Lazio. In effect, Lazio is both one of the regions with the highest level of renunciation of healthcare which is also one of the regions with the greatest endowment of museums and artistic heritage.
- IFF: is the forest area (wooded and non-wooded) affected by fire for 1,000 km2. Esiste una relazione positive tra il valore di IFF ed il valore di RHS. Infatti possiamo notare che molte regioni che hanno un valore elevato di RHS hanno anche un valore elevato di IFF come per esempio la Sardegna che ha un valore di RHS pari a 18,3 e IFF pari a 10,7, l’Abruzzo con un valore corrispondente di 13,8 e 2,8, Lazio con 13,2 e 4,4, Molise con 13,2 unità e 5,7.
- LMWS: is the percentage of the overall volume of total water losses in municipal drinking water distribution networks (difference between volume fed into the network and volume authorized) on the total water injected. There is a positive relationship between LMWS and RHS. Nello specifico possiamo notare che vi sono delle regioni che hanno un livello elevato sia di LMWS che di RHS come per esempio l’Abruzzo con un valore di LMWS di 59,8 e RHS di 13,8, il Molise con LMWS pari a 51,8 e RHS pari a 13,2, Sardegna con LMWS pari a 51,3 unità e RHS pari a 18,3, Lazio con LMWS pari a 49,7 e RHS pari a 13,2, e Umbria con LMWS pari a 49,1 e RHS pari a 13, Umbria con LMWS pari a 49,1 unità e RHS pari a 13.
- CALB: is the percentage of people aged 14 and over who believe the extinction of plant/animal species among the 5 concerns priority environmental issues. There is a positive relationship between CALB and RHS. Some regions that have a high average value of CALB also have a high average value of RHS. For example, Sardinia with CALB equal to 30.1 and RHS equal to 18.3, Valle d'Aosta with CALB equal to 28.9 units and RHS equal to 12.1, Abruzzo with CALB equal to 28.4 and RHS equal at 13.8, Umbria with CALB equal to 27.7 and RHS equal to 13, Piedmont with CALB equal to 26.5 units and RHS equal to 11.6, Lombardy with CALB equal to 26.2 and RHS equal to 12.2.
- MCE: is the level of payments on account of competence for protection and enhancement of cultural goods and activities, in euros per capita. There is a negative relationship between the MCE value and the RHS value. In fact we can see that many regions that have an MCE value above the average also have a RHS value below the average. For example, if we take 2021 into consideration we note that: Trentino Alto Adige has an MCE value of 46.9 and RHS equal to 7.3, Friuli Venezia Giulia has an MCE value of 32.5 units and RHS equal to 10.6, Emilia Romagna has an MCE value of 31.1 units and RHS equal to 11.2 units, Liguria with an MCE value of 22.8 and RHS equal to 11, Marche with MCE equal to 20, 3 and RHS equal to 11.3 and Veneto with an MCE value of 19.2 and RHS equal to 9.4.
- WT: is the percentage share of polluting loads flowing into secondary plants or advanced, in equivalent inhabitants, compared to the loads urban totals (Aetu) generated. There is a negative relationship between the WT value and the RHS value. Specifically we can see that many regions that have a higher than average WT value also have a lower than average RHS value. Among these regions we can identify the following: Trentino Alto Adige with a WT value equal to 74 and an RHS value equal to 5.33, Emilia Romagna with a WT value equal to 67 and an RHS value equal to 7, Piedmont with a WT value equal to 63 and a RHS value equal to 8.38, Basilicata with a WT value equal to 62 and a RHS value equal to 8.37, Campania with a WT value equal to 60 and a RHS value equal to 7.33, Lombardy with a WT value equal to 59 and an RHS value equal to 7.57, Valle d'Aosta with a WT value equal to 58 and an RHS value equal to 7, 55.
- CACC: is the percentage of people aged 14 and over who consider the change climate or the increase in the greenhouse effect and the hole of ozone among the 5 priority environmental concerns. Esiste una relazione negative tra il valore di CACC ed il valore di RHS. Per esempio se prendiamo in considerazione il 2021 possiamo notare che vi sono varie regioni che hanno un valore di CACC superiore alla media ed un valore di RHS inferiore alla media come per esempio: Toscana con un valore di CACC pari a 70,1 e RHS pari a 8,3, Marche con CACC pari a 69,3 e RHS pari a 11,3, Veneto con un valore di CACC pari a 68,6 unità e RHS pari a 9,4, Emilia Romagna con un valore di CACC pari a 68,2 e RHS pari a 11,2, Friuli Venezia Giulia con CACC pari a 67,3 e RHS pari a 10,6, Trentino Alto Adige con un valore in termini di CACC pari a 66,9 unità e RHS pari a 7,3, e infine la Puglia con un valore di CACC pari a 66,8 unità e RHS pari a 10,2 unità.
3.2. The Relationship between RHS and the S-Component within the ESG Model
- EFT: is the percentage of fixed-term employees e collaborators who started their current job since at least 5 years on the total number of fixed-term employees and collaborators. There is a positive relationship between EFT and RHS. If we consider for example the year 2022, we can note that there are in fact regions in which both the EFT value and the RHS value are higher than the average as happens in the case of Calabria with an EFT value equal to 27.6 and RHS equal to 7.2, Basilicata with an EFT value equal to 27.5 and RHS equal to 7.5 units, Sicily with an EFT value equal to 27.4 units and an RHS value equal to 7, 2, Puglia with an EFT value of 23.5 and an RHS value of 7.5 units.
- EPWH: is the percentage of employed who carried out their work from home in the last 4 weeks on total employed people. There is a positive relationship between the EPWH value and the RHS value. There are regions that have a high level of EPWH and also of RHS such as Piedmont with an amount of EPWH equal to 13 and a value of RHS equal to 9.6 units, Friuli Venezia Giulia with an EPWH value equal to 10 .6 units and an RHS value of 7.7 units.
- IES: is the average number long accidental interruptions per user (interruptions without warning and longer than 3 minutes) of the electricity service. There is a positive relationship between IES e RHS. Specifically, if we take the average of the IES value and the average of the RHS value we can notice that there are companies that have high values both in terms of IES and in terms of RHS such as: Calabria with an IES value equal to 3.69 and RHS equal to 10.08, Puglia with an IES value equal to 2.99 and RHS equal to 9.7, Lazio with an IES value equal to 2.41 and RHS equal to 10.44, Abruzzo with IES equal to 2.56 and RHS equal to 11.34, Sardinia with an IES value equal to 2.96 and RHS equal to 14.4.
- SMWC: is the percentage of population residing in the municipalities with separate waste collection greater than and equal to 65%. There is a positive relationship between the SMWC value and the RHS value. In fact, there are regions that have high levels both in terms of RHS and SMWC such as: Sardinia with an RHS value equal to 18.3 units and SMWC equal to 91.2 units, Abruzzo with an RHS value equal to 13.8 units and SMWC equal to 67.2, Umbria with an RHS value equal to 13 and SMWV equal to 72.9 units, Lombardy with an RHS value equal to 12.2 units and SMWC equal to 76.2 units, Valle d'Aosta with an RHS value of 12.1 units and SMWC of 80.6 units.
- NM: is the Number of nurses e midwives per 1,000 inhabitants. There is a positive relationship between NM and RHS. We can note that the regions that have positive values in terms of NM also have positive values in terms of RHS for example Umbria with a value of NM equal to 7.7 and RHS equal to 13, Valle d'Aosta with a value of NM equal to 7.1 and RHS equal to 12.1, Lazio with NM equal to 7.1 and RHS equal to 13.2.
- TUS: is the percentage of employed in unstable jobs at time t0 (term employees + collaborators) than one year away they have a stable job (employees a permanent) on the total number of people employed in jobs unstable at time t0. There is a negative relationship between the TUS value and the RHS value. We can note that regions that have TUS values higher than the average also have RHS values lower than the average such as Veneto with a TUS value equal to 31.1 units and RHS equal to 8.9 units, Molise with a of TUS equal to 27 and a RHS value equal to 9.2, Tuscany with a TUS value equal to 26.4 units and RHS equal to 8.4 units, Trentino Alto Adige with a TUS value equal to 23.7 units and RHS equal to 7.6 units.
- GDM: is the share of people in families who, when asked “Taking into account all available incomes, how does your family manage to make ends meet?” they choose the response mode “With great difficulty”. There is a negative relationship between the value of RHS and the value of GDM. In fact, we can note that the regions that have GDM values higher than the average also have RHS values lower than the average such as Campania with GDM equal to 31.9 and RHS equal to 8.9, Puglia with GDM 9, 9 and RHS equal to 10.2 and Sicily with GDM equal to 8.8 and RHS equal to 9.
3.3. The Relationship between RHS and the G-Component within the ESG Model
- PYCC: is the percentage of people of 14 years and over who have non-cohabiting relatives (over to parents, children, brothers, sisters, grandparents, grandchildren), friends or neighbours to count on out of the total of 14 people years and more. There is a positive relationship between the PYCC value and the RHS value. For example, there are regions that have a high value of both PYCC and RHS such as Sardinia with a PYCC value of 84.7 units and RHS equal to 12.3, Friuli Venezia Giulia with PYCC of 83.5 and a RHS value of 7.7 units, Calabria with 82.6 units and RHS equal to 7.2 units, and finally Umbria with PYCC equal to 82.5 units and RHS equal to 8.1 units.
- PDAL: is the presence of elements of degradation in the area where you live: percentage of people aged 14 and more than that they often see elements of social degradation and environmental in the area where they live (they often see at least one element of degradation among the following: people who take drugs, people who deal drugs, acts of vandalism against public property, prostitutes looking for clients) out of the total number of people aged 14 and over. There is a positive relationship between the PDAL value and the RHS value. Specifically, we can verify that the presence of regions that simultaneously have a PDAL and RHS value higher than the average, i.e.: Friuli Venezia Giulia with a PDAL value of 1.5 units and RHS with 7.7 units, Basilicata with PDAL equal to 3 .2 units and a RHS value equal to 7.5 units, Calabria with a PDAL value equal to 4.4 units and RHS equal to 7.2 units, Abruzzo with a PDAL value equal to 4.5 units and RHS equal to 7.6 units, Umbria with PDAL equal to 4.9 and RHS equal to 8.1 units, Sicily with a PDAL value equal to 5 and RHS equal to 7.2 units.
- KW: is the percentage of employed with university education (Isced 6,7 and 8) in Scientific-Technological professions (Isco 2-3) on total number of employed people. There is a positive relationship between the KW value and the RHS value. The comparison between the two historical series shows that there are many regions that have both a KW value and an RHS value lower than the average, i.e.: Tuscany with an average KW value of 17.16 and an average RHS value of at 6.98, Sicily with an average KW value of 16.82 and an average RHS value of 7.92 units, Piedmont with a KW value of 16.48 units, an RHS value of 8 .38 units, Friuli Venezia Giulia with KW equal to 16.24 and an RHS value equal to 6.83, Veneto with a KW value equal to 15.76 and an RHS value equal to 7.17 units, Trentino Alto Adige with a KW value of 15.56 and a RHS value of 5.33.
- RIU: is the percentage of people aged 11 and over who have used the Internet at least once a week in the 3 months preceding the interview. There is a positive relationship between the RIU value and the RHS value. For example, considering 2022 we can note that some regions that have a high level of RIU also have a high level of RHS such as: Friuli Venezia Giulia with a value of RIU equal to 78.5 units and a value of RHS equal to 7.7, Piedmont with a RIUS value of 75.4 and a RHS value of 9.6, Umbria with a RIU value of 75.4 and a RHS value of 8.1.
- SWFR: is the percentage of people aged 14 and over which is a lot satisfied with relationships with friends out of the total people aged 14 and over. There is a negative relationship between the SWFR value and the RHS value. In fact, many regions that have a SWFR value higher than the average also have a RHS value lower than the average such as Trentino Alto Adige with a SWFR value equal to 31.2 and an RHS value equal to 5.3, Veneto with a SWFR value equal to 25.1 and an RHS value equal to 6.4 units, Emilia Romagna with a SWFR value equal to 25 and an RHS value equal to 6.4, Valle d'Aosta with a SWFR value equal to 245 and an RHS value equal to 6.4 units, Liguria with a SWFR value equal to 24.6 units and an RHS value equal to 5.8, Lombardy with a SWFR value equal to 23 .4 and an RHS value of 6.8, Tuscany with a SWFR value of 22.5 units and RHS of 6.8 units.
- SP: is the number of persons aged 14 and over who have carried out at least one in the last 12 months social participation activities out of the total people aged 14 and over. The activities considered are: participating in meetings or initiatives (cultural, sporting, recreational, spiritual) created or promoted by parishes, congregations or religious groups or spiritual; participate in association meetings cultural, recreational or other; attend meetings of ecological associations, for civil rights, for peace; participate in organizational meetings trade unions; participate in association meetings professional or category; attend meetings of political parties; carry out free activities for a match; pay a monthly or periodic fee for a sports club/club. There is a negative relationship between the SP value and the RHS value. That is, the regions that have values higher than the average of SP also have values lower than the average of RHS such as Trentino Alto Adige with a value of PS equal to 33.4 units and RHS equal to 5.3 units, Valle d 'Aosta with a PS value equal to 30.3 and RHS equal to 6.4 units, Veneto with a PS value equal to 29.5 units and RHS equal to 6.4 units, Lombardy with a PS value equal to 27.3 and a RHS value equal to 6.8 units, Marche with a PS value equal to 26.2 units and RHS equal to 7, Tuscany with a PS value equal to 25.9 units and RHS equal to 6 .8 units, Liguria with a PS value of 25.8 units and RHS of 5.8 units.
- GT: is the percentage of people of 14 years and more than most people believe is trustworthy out of the total people of 14 years and more. There is a relationship between the value of GT and the value of RHS. Specifically, considering for example 2022, there are regions that have a GT value above the average and a lower RHS value, namely: Trentino Alto Adige with a GT value equal to 41.7 units and RHS equal to 5, 3 units, Lazio with GT equal to 30.6 units and RHS equal to 6.9 units, Valle d'Aosta with a GT value equal to 30 and a RHS value equal to 6.4, Lombardy with a GT value equal to 26.8 units and an RHS value equal to 6.8 units, Liguria with a GT value equal to 26.3 units and an RHS value equal to 5.8 units, Veneto with a GT value equal to 25.9 units and RHS equal to 6.4 units, Emilia Romagna with a GT value equal to 25.2 units and RHS equal to 6.4 units, Tuscany with a GT value equal to 24.8 units and RHS equal to 6.8 units.
- EP: is the percentage of people who voted in the last parliamentary elections European Union out of the total number of those entitled. Esiste una relazione negativa tra il valore di EP ed il valore di RHS. Se per esempio consideriamo il 2019 allora possiamo notare che vi sono molte regioni che hanno un valore di EP superiore alla media ed un valore di RHS inferiore alla media ovvero Umbria con un valore di EP pari a 67,7 unità e RHS pari ad un valore di 6,1 unità, Emilia Romagna con un valore di EP pari a 67,3 ed un valore di RHS pari a 4,2 unità, Toscana con un valore di EP pari a 65,8 ed un valore di RHS pari a 6, Lombardia con un valore di EP pari a 64,1 unità ed un valore di RHS pari a 5,4 unità, Veneto con un valore di EP pari a 63,7 unità ed un valore di RHS pari a 5,54 unità, Trentino Alto Adige con un valore di EP pari a 59,9 ed un valore di RHS pari a 3,3 unità, Liguria con un valore di EP pari a 58,5 unità ed un valore di RHS pari a 4,7 unità, Friuli Venezia Giulia con un valore di EP pari a 57 ed un valore di RHS pari a 4,5.
- TPF: is the average score of trust in the police and firefighters (on a scale from 0 to 10) expressed by people aged 14 and over. There is a negative relationship between the TPF value and the RHS value. That is, regions that have a medium-high level of TPF tend to have medium-low levels of RHS, such as: Trentino Alto Adige with a TPF value of 7.7 and RHS of 5.3 units, Emilia Romagna with a TPF value equal to 7.7 units and RHS equal to 6.4 units, Liguria with a TPF value equal to 7.6 units and an RHS value equal to 5.8 units, Veneto with a TPF value equal to 7.6 units and RHS equal to 6.4 units, Lombardy with a TPF value equal to 7.5 units and a RHS value equal to 6.8 units, Lazio with a TPF value equal to 7.5 units and an RHS value of 6.9 units.
- AAIP: Average age of parliamentarians in the Senate and the Chamber. I am excluding senators and deputies elected in the constituencies foreign countries and senators for life. There is a negative relationship between the AAIP value and the RHS value. In fact, considering for example the year 2022, the regions that have AAIP values higher than the average also have RHS values lower than the average such as: Valle d'Aosta with an AAIP value equal to 55 and a value of RHS equal to 6.4, Liguria with an AAIP value equal to 53.4 and RHS equal to 5.8, Trentino Alto Adige with an AAIP value equal to 52.8 and an RHS value equal to 5.3, Lazio with an AAIP value of 52.6 and a RHS value of 6.9 units, Lombardy with an AAIP value of 52.4 and a RHS value of 6.8, Veneto with a value of AAIP equal to 52.4 units and RHS equal to 6.4 units.
- WBSA: is the percentage of people aged 14 and over who are very or quite worried, for themselves or for someone in your family, to suffer violence sexual activity among all people aged 14 and over. Esiste una relazione negativa tra il valore di WBSA ed il valore di RHS. That is, regions that have a high average level of WBSA also have a low average level of RHS as happens for example in the case of Piedmont with a value of WBSA equal to 33.7 and SHR equal to 6.7, Lombardy with a value of WBSA equal to 32.4 and an SHR value equal to 6.7, Tuscany with a WBSA value equal to 29.1 units and an RHS value equal to 6.7, Emilia Romagna with a WBSA value equal to 28 .5 units and an RHS value of 5.8 units, Umbria with a WBSA value of 26.5 units and an RHS value of 7.5 units.
- PCR: is the percentage of people of 14 years and over who have non-cohabiting relatives (over to parents, children, brothers, sisters, grandparents, grandchildren), friends or neighbours to count on out of the total of 14 people years and more. There is a negative relationship between the PCR value and the RHS value. Specifically, there are regions that have a PCR value higher than the average and regions that have a RHS value lower than the average such as Campania with a PCR value equal to 33.6 units and RHS equal to 4.7 units, Lazio with a PCR value equal to 31.5 units and RHS equal to 6.9 units, Lombardy with a PCR value equal to 243.2 units and an RHS value equal to 6.8, Tuscany with a of PCR equal to 20.4 units and a RHS value equal to 6.8 units, Veneto with a PCR value equal to 18.4 units and RHS equal to 6.4 units, Liguria with a PCR value equal to 18 .3 units and RHS equal to 5.8 units.
- NOFP: is the percentage of people aged 14 and over who believe that their personal situation will worsen in the coming years 5 years on the total of people aged 14 and over. There is a negative relationship between the NOFP value and the RHS value. Specifically, there are many regions that have a NOFP value lower than the average and a RHS value higher than the average such as: Marche with a NOFP value equal to 18.1 units and an RHS value equal to 7, Friuli Venezia Giulia with a value of 16.6 units and an RHS value of 7.7 units, Molise with a NOFP value of 16.3 units and an RHS value of 5.6 units, Emilia Romagna with a of NOFP equal to 15.3 and an RHS value equal to 6.4, Tuscany with a NOFP value equal to 15.2 and an RHS value equal to 6.8 units, Valle d'Aosta with a NOFP value Equal to 14.3 units and an RHS value of 6.4 units, Veneto with a NOFP value of 14 and an RHS value of 6.4.
3.4. The Aggregate Impact of the ESG Model on RHS
4. Ranking of Italian Regions and Macro-Regions in the Sense of RSH
5. Clusterization with k-Means Algorithm Optimized with the Silhouette Coefficient
- Cluster 1: Abruzzo, Lazio, Molise, Sardinia, Calabria, Puglia, Marche, Umbria;
- Cluster 2: Friuli Venezia Giulia, Veneto, Emilia Romagna, Tuscany, Trentino Alto Adige, Lombardy, Valle d'Aosta, Piemonte, Liguria, Campania, Sicily, Basilicata.
- Cluster 1: Friuli Venezia Giulia, Emilia Romagna, Lombardy, Trentino Alto Adige, Veneto, Valle d'Aosta, Tuscany, Liguria, Piemonte;
- Cluster 2: Marche, Puglia, Molise, Calabria, Sicily, Lazio, Basilicata, Campania, Umbria;
- Cluster 3: Sardinia, Abruzzo.
6. Predictions with Machine Learning Algorithms
- R Squared
- Mean Average Error
- Mean Squared Error==
- Root Mean Squared Error==
- Simple Regression Tree with a payoff value of 4;
- ANN-Artificial Neural Network with a payoff value of 9;
- Tree Ensemble Regression with a payoff value of 12;
- PNN-Probabilistic Neural Network with a payoff value of 15;
- Random Forest Regression with a payoff value of 23;
- Gradient Boosted Tree Regression with a payoff value of 24;
- Linear Regression with a payoff value of 26;
- Polynomial Regression with a payoff value of 31.
- Calabria, with an increase in RHS from an amount of 7.20 units up to a value of 12.30 units or equal to a change of +70.83% corresponding to an amount of 5.10 units;
- Puglia, with an increase in RHS from 7.50 units up to 12.30 units or equal to 4.80 units corresponding to 64.00%;
- Campania, with an increase in RHS from an amount of 4.70 units up to a value of 7.20 units or equal to a variation of 2.50 units corresponding to +53.19%;
- Valle d'Aosta, with an increase in RHS from an amount of 6.40 units up to a value of 9.60 units or equal to a change of +50.00%;
- Liguria with a variation from an amount of RHS 5.80 units up to 7.70 units or equal to +32.76%;
- Trentino Alto Adige, with a variation in RHS from an amount of 5.30 units up to 6.80 units or equal to a variation of 28.30%;
- Molise, with a variation in RHS from an amount of 5.60 units up to 6.90 units or equal to a variation of 23.21%;
- Emilia Romagna and Veneto with a change in RHS equal to +20.31%.
- Marche, with a decreasing variation equal to -1.43% corresponding to a variation from an amount of 7.00 units up to a value of 6.90 units;
- Lombardy, with a decreasing variation of -5.88% corresponding to a variation from an amount of 6.80 units to a value of 6.40 units;
- Basilicata, with a decreasing variation equal to -6.67% corresponding to a variation from an amount of 7.50 units up to 7.00 units;
- Friuli Venezia Giulia, with a decreasing variation from an amount of 7.70 units to a value of 6.80 units or equal to a value of -11.69%;
- Umbria, with a decreasing variation from an amount of -14.81% corresponding to a variation of 8.10 units up to a value of 6.90 units;
- Lazio with a decreasing variation equal to -15.94% corresponding to a variation from an amount of 6.90 units to a value of 5.80 units;
- Piedmont, with a decreasing variation equal to -19.79% corresponding to a variation from an amount of 9.60 units up to 7.70 units;
- Tuscany, with a decreasing variation of -22.06% or from 6.80 units to a value of 5.30 units;
- Abruzzo, with a decreasing variation of -23.68% or from 7.60 units to 5.80 units;
- Sicily, with a decreasing variation equal to -34.72% corresponding to a variation from 7.20 units up to 4.70 units;
- Sardinia, with a decreasing variation equal to -38.21% corresponding to a variation from an amount of 12.30 units up to 7.60 units.
7. Conclusions
Abbreviations
| LIST OF ABBREVIATIONS | ||
| N | Variables | Abbreviation |
| 1 | Average age of Italian parliamentarians | AAIP |
| 2 | Concern about climate change | CACC |
| 3 | Concern about the loss of biodiversity | CALB |
| 4 | Concern about landscape deterioration | CALD |
| 5 | Density and relevance of museum heritage | DRMH |
| 6 | Employed in fixed-term jobs for at least 5 years | EFT |
| 7 | Electoral participation | EP |
| 8 | Employed people working from home | EPWH |
| 9 | Great difficulty in making ends meet | GDM |
| 10 | Generalized trust | GT |
| 11 | Irregularity of the electricity service | IES |
| 12 | Impact of forest fires | IFF |
| 13 | Knowledge workers | KW |
| 14 | Leakage from the municipal water supply | LMWS |
| 15 | Municipalities' current expenditure on culture | MCE |
| 16 | Nurses and midwives | NM |
| 17 | Negative opinion on future prospects | NOFP |
| 18 | Perception of crime risk | PCR |
| 19 | Presence of elements of degradation in the area where you live | PDAL |
| 20 | People you can count on | PYCC |
| 21 | Regular internet users | RIU |
| 22 | Separate municipal waste collection service | SMWC |
| 23 | Social participation | SP |
| 24 | Satisfaction with friendship relationships | SWFR |
| 25 | Trust in the police and firefighters | TPF |
| 26 | Transformations from unstable jobs to stable jobs | TUS |
| 27 | Worry about being sexually assaulted | WBSA |
| 28 | Wastewater Treatment | WT |
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| Summary of the results of the metric analysis to estimate the impact of the E component of the ESG model on the RHS variable | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Costant | MCE | DRMH | IFF | CALD | LMWS | WT | CACC | CALB | ||
| 1-step dynamic panel | Coefficient | 0.783892 | -0.0810786 | 0.684384 | 0.0780967 | -0.256734 | 0.0609608 | -0.0785058 | -0.094142 | 0.662777 |
| Standard Error | 0.213515 | 0.0111281 | 0.138908 | 0.0367299 | 0.0318453 | 0.00903857 | 0.0069137 | 0.0163158 | 0.0516181 | |
| p-Value | 0.0337 | 0.0017 | 0.0004 | <0.0001 | 0.0007 | <0.0001 | <0.0001 | <0.0001 | <0.0001 | |
| ** | *** | *** | *** | *** | *** | *** | *** | *** | ||
| Fixed-effects | Coefficient | 0.783892 | -0.0810786 | 0.684384 | 0.0780967 | -0.256734 | 0.0609608 | -0.0785058 | -0.094142 | 0.662777 |
| Standard Error | 0.213515 | 0.0111281 | 0.138908 | 0.0367299 | 0.0318453 | 0.00903857 | 0.0069137 | 0.0163158 | 0.0516181 | |
| p-Value | 0.0003 | <0.0001 | <0.0001 | 0.0342 | <0.0001 | <0.0001 | <0.0001 | <0.0001 | <0.0001 | |
| *** | *** | *** | ** | *** | *** | *** | *** | *** | ||
| Random-effects | Coefficient | 0.76878 | -0.0809812 | 0.60813 | 0.0852705 | -0.259213 | 0.0625014 | -0.0794829 | -0.0909106 | 0.656532 |
| Standard Error | 0.245992 | 0.0100988 | 0.128877 | 0.0328026 | 0.0311177 | 0.00873113 | 0.00666758 | 0.0147755 | 0.0471486 | |
| p-Value | 0.0018 | <0.0001 | <0.0001 | 0.0093 | <0.0001 | <0.0001 | <0.0001 | <0.0001 | <0.0001 | |
| *** | *** | *** | *** | *** | *** | *** | *** | *** | ||
| Pooled OLS | Coefficient | 0.748249 | -0.0798378 | 0.524942 | 0.0900283 | -0.262927 | 0.0637989 | -0.0802588 | -0.0876985 | 0.65096 |
| Standard Error | 0.208541 | 0.00947836 | 0.121482 | 0.0301548 | 0.0312375 | 0.00871201 | 0.00665631 | 0.0138761 | 0.0446925 | |
| p-Value | 0.0004 | <0.0001 | <0.0001 | 0.003 | <0.0001 | <0.0001 | <0.0001 | <0.0001 | <0.0001 | |
| *** | *** | *** | *** | *** | *** | *** | *** | *** | ||
| Summary of the results of the metric analysis to estimate the impact of the S component of the ESG model on the RHS variable | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Costant | TUS | EFT | EPWH | GDM | IES | SMWC | NM | ||
| Fixed-effects | Coefficient | 119.345 | -0.0642 | 0.08902 | 0.33622 | -0.1605 | 0.48954 | 0.04795 | 0.22954 |
| Std. Error | 0.69656 | 0.01812 | 0.02434 | 0.04484 | 0.02596 | 0.26062 | 0.00838 | 0.06213 | |
| p-value | 0.0876 | 0.0005 | 0.0003 | <0.0001 | <0.0001 | 0.0612 | <0.0001 | 0.0003 | |
| * | *** | *** | *** | *** | * | *** | *** | ||
| Fixed-effects | Coefficient | 0.28593 | -0.0622 | 0.09955 | 0.33985 | -0.1359 | 0.73708 | 0.04478 | 0.24695 |
| Std. Error | 0.63138 | 0.01788 | 0.02379 | 0.04417 | 0.02408 | 0.21849 | 0.00803 | 0.06088 | |
| p-value | 0.6506 | 0.0005 | <0.0001 | <0.0001 | <0.0001 | 0.0007 | <0.0001 | <0.0001 | |
| *** | *** | *** | *** | *** | *** | *** | |||
| Pooled OLS | Coefficient | -0.6114 | -0.0512 | 0.12764 | 0.36155 | -0.0737 | 0.73822 | 0.02922 | 0.2991 |
| Std. Error | 0.32854 | 0.01877 | 0.02448 | 0.04589 | 0.02156 | 0.1589 | 0.00689 | 0.062 | |
| p-value | 0.0636 | 0.0067 | <0.0001 | <0.0001 | 0.0007 | <0.0001 | <0.0001 | <0.0001 | |
| * | *** | *** | *** | *** | *** | *** | *** | ||
| WLS | Coefficient | -0.3189 | -0.0571 | 0.11199 | 0.38061 | -0.0835 | 0.71774 | 0.0271 | 0.28035 |
| Std. Error | 0.26256 | 0.0142 | 0.02197 | 0.03497 | 0.02049 | 0.1479 | 0.00584 | 0.04807 | |
| p-value | 0.2254 | <0.0001 | <0.0001 | <0.0001 | <0.0001 | <0.0001 | <0.0001 | <0.0001 | |
| *** | *** | *** | *** | *** | *** | *** | |||
| Summary of the results of the metric analysis to estimate the impact of the G component of the ESG model on the RHS variable | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Costant | SWFR | PYCC | SP | GT | EP | TPF | AAIP | WBSA | PDAL | PCR | NOFP | KW | RIU | ||
| Random-effects | Coefficient | 1.91258 | -0.131784 | 0.029789 | -0.0447872 | -0.156562 | -0.0285487 | 1.01464 | -0.0320259 | -0.0875101 | 0.25179 | -0.068159 | -0.345171 | 0.119799 | 0.107944 |
| Std. Error | 0.483357 | 0.0231713 | 0.00831672 | 0.0191117 | 0.01943 | 0.00505056 | 0.139641 | 0.00538905 | 0.0127784 | 0.027641 | 0.0126382 | 0.0394233 | 0.0245155 | 0.0226136 | |
| p-value | <0.0001 | <0.0001 | 0.0003 | 0.0191 | <0.0001 | <0.0001 | <0.0001 | <0.0001 | <0.0001 | <0.0001 | <0.0001 | <0.0001 | <0.0001 | <0.0001 | |
| *** | *** | *** | ** | *** | *** | *** | *** | *** | *** | *** | *** | *** | *** | ||
| Fixed-effects | Coefficient | 2.1178 | -0.145952 | 0.0318272 | -0.0532093 | -0.151101 | -0.0304838 | 1.08244 | -0.0308267 | -0.0875979 | 0.26702 | -0.0543467 | -0.365273 | 0.119079 | 0.0998052 |
| Std. Error | 0.502397 | 0.0274459 | 0.00866328 | 0.0202441 | 0.0203398 | 0.00531519 | 0.146157 | 0.00549322 | 0.0129606 | 0.0301434 | 0.0187585 | 0.0414316 | 0.0254073 | 0.0239785 | |
| p-value | <0.0001 | <0.0001 | 0.0003 | 0.009 | <0.0001 | <0.0001 | <0.0001 | <0.0001 | <0.0001 | <0.0001 | 0.004 | <0.0001 | <0.0001 | <0.0001 | |
| *** | *** | *** | *** | *** | *** | *** | *** | *** | *** | *** | *** | *** | *** | ||
| WLS | Coefficient | 1.90718 | -0.128797 | 0.028207 | -0.0436287 | -0.143502 | -0.0282742 | 0.893536 | -0.0305163 | -0.0754479 | 0.227894 | -0.0656816 | -0.306149 | 0.129465 | 0.106414 |
| Std. Error | 0.356514 | 0.0171689 | 0.00685262 | 0.0154451 | 0.015389 | 0.00382441 | 0.112239 | 0.00433434 | 0.0106515 | 0.0224781 | 0.00885184 | 0.0315253 | 0.0199275 | 0.0177443 | |
| p-value | <0.0001 | <0.0001 | <0.0001 | 0.005 | <0.0001 | <0.0001 | <0.0001 | <0.0001 | <0.0001 | <0.0001 | <0.0001 | <0.0001 | <0.0001 | <0.0001 | |
| *** | *** | *** | *** | *** | *** | *** | *** | *** | *** | *** | *** | *** | *** | ||
| Pooled OLS | Coefficient | 1.62128 | -0.125295 | 0.0274316 | -0.0370164 | -0.16281 | -0.0258701 | 0.905481 | -0.0337106 | -0.0878191 | 0.239999 | -0.0723725 | -0.309761 | 0.129202 | 0.117103 |
| Std. Error | 0.428778 | 0.0209924 | 0.0081271 | 0.0187183 | 0.0187875 | 0.00486522 | 0.134896 | 0.00549225 | 0.0130947 | 0.0269786 | 0.00959701 | 0.0375896 | 0.0245754 | 0.0213049 | |
| p-value | 0.0002 | <0.0001 | 0.0008 | 0.0487 | <0.0001 | <0.0001 | <0.0001 | <0.0001 | <0.0001 | <0.0001 | <0.0001 | <0.0001 | <0.0001 | <0.0001 | |
| *** | *** | *** | ** | *** | *** | *** | *** | *** | *** | *** | *** | *** | *** | ||
| Statistical Results of the Machine Learning Predictions | ||||
|---|---|---|---|---|
| Statistical Errors | ANN-Artificial Neural Network | PNN-Probabilistic Neural Network | Simple Regression Tree | Gradient Boosted Tree Regression |
| R^2 | -1,773 | -1,823 | -0,115 | -1,932 |
| Mean Absolute Error | 0,370 | 0,405 | 0,243 | 0,595 |
| Mean Squared Error | 0,271 | 0,313 | 0,125 | 0,413 |
| Root Mean Squared Error | 0,521 | 0,559 | 0,354 | 0,643 |
| Statistical Errors | Random Forest | Tree Ensemble Regression | Linear Regression | Polynomial Regression |
| R^2 | -20,859 | -1,439 | -3,359 | -3,705 |
| Mean Absolute Error | 0,524 | 0,448 | 0,547 | 0,670 |
| Mean Squared Error | 0,356 | 0,307 | 0,428 | 0,500 |
| Root Mean Squared Error | 0,597 | 0,554 | 0,654 | 0,707 |
| Ranking of Algorithms Based on Their Predictive Performance | ||||||
|---|---|---|---|---|---|---|
| Rank | Algorithms | R^2 | MAE | MSE | RMSE | Sum |
| 1 | Simple Regression Tree | 1 | 1 | 1 | 1 | 4 |
| 2 | ANN-Artificial Neural Network | 3 | 2 | 2 | 2 | 9 |
| 3 | Tree Ensemble Regression | 2 | 4 | 3 | 3 | 12 |
| 4 | PNN-Probabilistic Neural Network | 4 | 3 | 4 | 4 | 15 |
| 5 | Random Forest | 8 | 5 | 5 | 5 | 23 |
| 6 | Gradient Boosted Tree Regression | 5 | 7 | 6 | 6 | 24 |
| 7 | Linear Regression | 6 | 6 | 7 | 7 | 26 |
| 8 | Polynomial Regression | 7 | 8 | 8 | 8 | 31 |
| Losing Regions: i.e. Regions in which is Predicted a Growth of RHS | ||||
|---|---|---|---|---|
| Regions | 2022 | Prediction | Abs Var | Per Var |
| Calabria | 7,20 | 12,30 | 5,10 | 70,83 |
| Puglia | 7,50 | 12,30 | 4,80 | 64,00 |
| Campania | 4,70 | 7,20 | 2,50 | 53,19 |
| Valle d'Aosta | 6,40 | 9,60 | 3,20 | 50,00 |
| Liguria | 5,80 | 7,70 | 1,90 | 32,76 |
| Trentino Alto Adige | 5,30 | 6,80 | 1,50 | 28,30 |
| Molise | 5,60 | 6,90 | 1,30 | 23,21 |
| Emilia Romagna | 6,40 | 7,70 | 1,30 | 20,31 |
| Veneto | 6,40 | 7,70 | 1,30 | 20,31 |
| Winning Regions: i.e. Regions in which is Predicted a Reduction in the Level of RHS | ||||
|---|---|---|---|---|
| Region | 2022 | Prediction | Abs Var | Per Var |
| Marche | 7,00 | 6,90 | -0,10 | -1,43 |
| Lombardia | 6,80 | 6,40 | -0,40 | -5,88 |
| Basilicata | 7,50 | 7,00 | -0,50 | -6,67 |
| Friuli Venezia Giulia | 7,70 | 6,80 | -0,90 | -11,69 |
| Umbria | 8,10 | 6,90 | -1,20 | -14,81 |
| Lazio | 6,90 | 5,80 | -1,10 | -15,94 |
| Piemonte | 9,60 | 7,70 | -1,90 | -19,79 |
| Toscana | 6,80 | 5,30 | -1,50 | -22,06 |
| Abruzzo | 7,60 | 5,80 | -1,80 | -23,68 |
| Sicilia | 7,20 | 4,70 | -2,50 | -34,72 |
| Sardegna | 12,30 | 7,60 | -4,70 | -38,21 |
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