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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

Italy’s domestic tourism flows during the recent years of economic recession. Indeed, the occurrence of closer tourism … dataset is made of inter-regional tourism flows among Italian regions over the 2000 - -12 period; across this period, 2008 to …

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

Optimal private and public harvesting under spatial and temporal interdependence

Ollikainen, Markku; Koskela, Erkki - 2001

This paper extends the Hartman model to include the case where two adjacent stands may be interdependent in the provision of amenity services. We show first that the relationship between the focal and exogenous rotation age depends on the nature of their temporal interdependence, i.e., on what...

Persistent link: https://www.econbiz.de/10011398129

Parking and urban form

Brueckner, Jan K.; Franco, Sofia F. - 2015

This paper analyzes the provision of residential parking in a monocentric city, with the ultimate goal of appraising the desirability and effects of regulations such as a minimum-parking requirement (MPR) per dwelling. The analysis considers three different regimes for provision of parking...

Persistent link: https://www.econbiz.de/10010515475

A general approach to the stochastic rotation problem with amenity valuation

Alvarez, Luis H. R.; Koskela, Erkki - 2003

This paper presents a new approach to study the optimal rotation policy with amenity valuation under uncertainty. We first postulate the stochastic forest value and assume plausibly that monetary value of amenities is a continuous and non-negative function of forest value thus presenting the...

Persistent link: https://www.econbiz.de/10011514169

Lattices and lotteries in apportioning risk

Schlesinger, Harris - 2014

Although risk aversion has been used in economic models for over 275 years, the past few decades have shown how higher order risk attitudes are also quite important. A behavioral approach to defining such risk attitudes was developed by Eeckhoudt and Schlesinger (2006), based upon simple lottery...

Persistent link: https://www.econbiz.de/10010431278

Forest rotations and stand interdependency : ownership structure and timing of decisions

Amacher, Gregory S.; Koskela, Erkki; Ollikainen, Markku - 2002

This paper extends the Hartman model to study the optimal rotation age of two interdependent stands when the stream of amenities produces from the two stands may be complements or substitutes, both in space and over time. In the presence of stand interdependence both the ownership structure and...

Persistent link: https://www.econbiz.de/10011409170

Exchange rate elasticities of international tourism and the role of dominant currency pricing

Ding, Ding; Timmer, Yannick - 2022

We estimate exchange rate elasticities of international tourism. We show that, in addition to the bilateral exchange … rate, the exchange rate between the tourism origin country vis-à-vis the U.S. dollar is an important driver of tourism … flows, indicating a strong role of U.S. dollar pricing. The U.S. dollar exchange rate is more important for tourism …

Persistent link: https://www.econbiz.de/10013201620

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 … new commercial airport increased tourism in the Allgäu region over the period 2008-2016. The positive effect is especially …

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

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 … factor of 2.5. Furthermore, we provide evidence of positive spillovers in nearby municipalities. To estimate the tourism …

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

Lord, how I want to be in that number! : on the blessing of UNESCO world heritage listing

Bertacchini, Enrico; Revelli, Federico; Zotti, Roberto - 2023

This paper studies the impact of UNESCO World Heritage List (WHL) inscription on income and property values in the Italian municipalities that had their sites inscribed during the past two decades. To address the selection bias and identify the causal impact of inscription, we focus on sites...

Persistent link: https://www.econbiz.de/10013555722

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