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Do economic crises lead tourists to closer destinations? : an analysis of Italy's regional data

Cafiso, Gianluca; Cellini, Roberto; Cuccia, Tiziana - 2015

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,...

Persistent link: https://www.econbiz.de/10010492324

How new airport infrastructure promotes tourism : evidence from a synthetic control approach in German regions

Dörr, Luisa; Dorn, Florian; Gäbler, Stefanie; … - 2019

We examine how new airport infrastructure influences regional tourism. Identification is based on the conversion of a military air base into a regional commercial airport in the German state of Bavaria. The new airport opened in 2007 and promotes travelling to the touristic region Allgäu in the...

Persistent link: https://www.econbiz.de/10012157335

Financial integration and European tourism stocks

Caporale, Guglielmo Maria; Yfanti, Stavroula; … - 2023

This study examines the macro drivers of the time-varying (dynamic) connectedness between eleven European tourism sectors. Financial integration between the travel and leisure markets, measured by their dynamic correlations or co-movement, is explained by common global fundamentals. The...

Persistent link: https://www.econbiz.de/10013540847

A beam of light : media, tourism & economic development

Nocito, Samuel; Sartarelli, Marcello; Sobbrio, Francesco - 2021

Tourism accounts for around one tenth of global GDP. We analyze the impact of entertainment media in drawing tourists to filming locations (media multiplier ) and, in turn, the effect of tourism on local economic development (tourism multiplier ). To assess the media multiplier, we employ a...

Persistent link: https://www.econbiz.de/10012510008

Do civil and political repression really boost foreign direct investments?

Harms, Philipp; Ursprung, Heinrich W. - 2001

Multinational enterprises are often accused to have a preference for investing in countries in which the working populations' civil and political rights are largely disregarded. This paper presents an empirical investigation of the popular political repression boosts FDI hypothesis and arrives...

Persistent link: https://www.econbiz.de/10011397998

Globalization, inequality, and redistribution : theory and evidence

Gozgor, Giray; Ranjan, Priya - 2015

This paper constructs a simple theoretical model to study the implications of globalization for inequality and … redistribution. It shows that when globalization increases inequality, a policymaker interested in maximizing the sum of welfares of … all agents increases redistribution. Empirically, the paper examines the effects of globalization on inequality and …

Persistent link: https://www.econbiz.de/10011343065

Did globalization influence credit market deregulation?

Eppinger, Peter S.; Potrafke, Niklas - 2015

We investigate whether globalization influenced credit market deregulation over the period 1970-2010. Globalization is … measured by the KOF indices of globalization. Credit market deregulation is measured by the credit market freedom indicators of … positive correlation between globalization and credit market deregulation. We account for reverse causality by using predicted …

Persistent link: https://www.econbiz.de/10010528971

The rise of capitalism and the roots of Anti-American terrorism

Krieger, Tim; Meierieks, Daniel - 2014

This contribution examines the role of capitalism in anti-American terrorism. Using data for 149 countries between 1970 and 2007, this contribution, contrary to expectations from capitalist peace theory, does not find that Anti-American terrorism increases with external economic liberalization...

Persistent link: https://www.econbiz.de/10010375158

The globalization paradox revisited

Schwerhoff, Gregor; Edenhofer, Ottmar - 2014

According to the Globalization Paradox, globalization limits the freedom of choice for national governments. Capital …. Fixed factor taxes have the potential to improve welfare by defusing the globalization trilemma through a reduction in the …

Persistent link: https://www.econbiz.de/10010375314

Globalisation and social spending

De Grauwe, Paul; Polan, Magdalena - 2003

We provide evidence indicating that countries with well-developed social security systems do not necessarily face a trade-off between social spending and competitiveness. On average, countries that spend a lot on social needs score well in the competitiveness league. We investigate the...

Persistent link: https://www.econbiz.de/10011506440

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