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In this paper, we examine the impact of institutional quality on the returns on key drivers of economic growth in 230 European Union (EU) NUTS-2 regions from 2009 to 2017. To estimate region-specific elasticities, we employ a latent class modelling approach, considering the quality of government...
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We study how policies limiting the spending capacity of local governments may reduce corruption. We exploit the extension of one such policy, the Domestic Stability Pact (DSP), to small Italian municipalities. The DSP led to a decrease in both recorded corruption rates and corruption charges per...
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Ex-post economic impact evaluations are standard requirements for loans and grants from multilateral international development institutions. In many cases, however, lack of sufficient baseline or historical data, or the very nature of the investment itself renders orthodox economic impact...
Persistent link: https://www.econbiz.de/10011545433
tourism industry as part of their regional development policies. The main objective of these programs is to increase local … investment and employment, as tourism activities are labor intensive. Little evidence is available, however, to assess the effect … introduced in 2002 to develop the tourism industry in the undeveloped region of Northeast Brazil. It provides evidence that …
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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 …
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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/10012137407