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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
German multinational firms and 2200 of their affiliate firms in Eastern Europe. We find that three factors stand out in …
Persistent link: https://www.econbiz.de/10012119950
analyze a firm-level data set on German outbound FDI and innovate on previous studies by controlling for the mode of entry and …
Persistent link: https://www.econbiz.de/10010496988
scandal. In particular, the scandal reduced the sales of these non-Volkswagen German manufacturers by approximately 76 … materially harmed the group reputation of "German car engineering" in the United States. …
Persistent link: https://www.econbiz.de/10011780469
M&A investments. Based on a novel firm-level dataset on German outbound FDI, we find evidence that location decisions of …
Persistent link: https://www.econbiz.de/10003974552
I investigate minority votes in the German Council of Economic Experts. The dataset contains information on the voting … against the majority opinion of the German Council of Economic Experts. This voting pattern indicates that the channel of … ; German Council of Economic Experts …
Persistent link: https://www.econbiz.de/10009732996
-year observations of 13,758 German-owned subsidiaries. We find that the tax rate in the host country has a sizeable and significantly …
Persistent link: https://www.econbiz.de/10003297527
military air base into a regional commercial airport in the German state of Bavaria. The new airport opened in 2007 and …
Persistent link: https://www.econbiz.de/10012157335
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
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