Chiappero Martinetti, Enrica, and Paola Salardi (2007). "Well-being process and conversion factors: an estimation of the micro-side of the well-being process" Paper presented at the 4th annual conference of the HDCA, 18-20 September 2007, New York, USA.

This paper is focuses on the micro-side of the well-being production process that is conceptually and analytically identified by a so-called “functioning production function”. The purpose of this paper is to estimate the parameters of this function, i.e. conversion rates, in order to assess the extent to which individuals are able to convert their set of private and public resources into achieved functionings controlling for exogenous personal characteristics. We estimate functioning production functions for “being healthy”, “being educated”, and “living in a healthy and safe environment”.