Showing 1 - 10 of 17
This paper investigates residents' preferences of investment in cruise tourism, taking its externalities into full account. The research involved data collection in the port of call of Messina (Sicily, Italy), during the peak cruise season in 2011. A mixed generalized ordered logit analysis,...
Persistent link: https://www.econbiz.de/10010954787
This paper analyses the productivity of the hospitality sector (hotel and restaurants) in Italy at a regional level by using a mix of non-parametric and parametric approaches. A novel pooled-truncated and spatial analysis is employed, based upon a window data envelopment analysis (WDEA), where...
Persistent link: https://www.econbiz.de/10010959275
This work contains a critical review of main econometric studies that have addressed the analysis of causality between tourism and long-term economic growth. These studies have employed a variety of methodologies, models such as VAR, VECM, ARDL, ARCH, GARCH, cross section and panel data. In...
Persistent link: https://www.econbiz.de/10011260426
The relationship between tourist demand and supply is investigated employing four time series models. To test for Granger causality a bivariate vector autoregression framework is used. Empirical results from each model are derived for the island of Sardinia (Italy) over the time span 1955 to...
Persistent link: https://www.econbiz.de/10005315584
Only in the 80’s cultural activity has began to be viewed as a part of tourism (OECD, 2009). The UNWTO estimated that cultural tourism accounted for 40% of all international tourism, up from 37% in 1995 (Mintel, 2011). Museums play a relevant role as repositories of education, social...
Persistent link: https://www.econbiz.de/10009322079
This paper investigates residents' preferences towards cruise tourism investment in their home port. The research uses data collected during the peak cruise season in 2011 at Messina, a port of call in Sicily, Italy. A generalized ordered logit analysis is run to analyse what factors influence...
Persistent link: https://www.econbiz.de/10009646516
In recent years museums have become interested in significant modernization efforts within their administration by updating their managerial elements and principles. Consumers’ satisfaction in particular has been recognized as a key element in gaining an advantage over competitors. The...
Persistent link: https://www.econbiz.de/10010606988
Based on a microeconomic theory framework, this paper explores in what extent the visit to a museum influences visitors' informal learning. Empirically, a Heckman selection model has been employed that allows one to draw causal inferences in the observational setting. Survey data were collected...
Persistent link: https://www.econbiz.de/10010756144
This paper employs an Autoregressive Distributed Lags approach to investigate how a set of economic variables and a deterrence variable affect criminal activity. Furthermore, it highlights the extent to which crime is detrimental to economic activity. The case study is Italy for the time span...
Persistent link: https://www.econbiz.de/10010863172
This paper provides a comparative analysis of the hospitality sector using the island of Sardinia and the autonomous province of Bolzano as a case study. The comparison holds its own interest since they are both tourism destinations, though characterised by different features as far as...
Persistent link: https://www.econbiz.de/10010669602