This paper lies in the intersection of two strands of economic literature, one analysing the features of tourism supply and the other investigating the role of UNESCO World Heritage List (WHL) in the enhancement of local development. The paper aims at evaluating the performance of tourism...

This article investigates whether the distance between origin and destination has played an increased role in shaping Italy's domestic tourism flows during the recent years of economic recession. Indeed, the occurrence of closer tourism destinations, as a consequence of the economic crisis, has...

This study deals with the seasonality of monthly time series of nominal exchange rates. Available literature overlooks seasonality in nominal bilateral exchange rates, and generally assumes that such rates are non-seasonal. We show that seasonality is absent in recent data, while it was present...

This article investigates whether the distance between origin and destination has played an increased role in shaping Italy’s domestic tourism flows during the recent years of economic recession. Indeed, the occurrence of closer tourism destinations, as a consequence of the economic crisis,...

We analyse the pattern of daily Euro - US Dollar exchange rates from the birth of Euro in January 1999 to December 2011. We document that also this series is I(1), as is usual for nominal bilateral exchange rates. However, we find evidence of the presence of day effects – even if they play a...

This article deals with the effects of the inscription of a cultural site which is contained in the UNESCO World Heritage List (WHL); in particular, it focuses on the case of the “Baroque cities in Val di Noto” (Sicily, Italy), which is a serial site, constituted by a large number of towns...

This article investigates whether the distance between origin and destination has played an increased role in shaping Italy's domestic tourism flows during the recent years of economic recession. Indeed, the occurrence of closer tourism destinations, as a consequence of the economic crisis, has...

We study the relationship between artist and art dealer, interpreting them as the members of a marketing channel, as defined by the industrial organization and marketing science literature. The results for both parties depend on the individual efforts of each of them. Uncoordinated efforts lead...