This paper constructs and estimates the demand for international tourism for the Italian Province of Sassari. The sample period under estimation is from 1972 to 1995. Three dynamic models are estimated at monthly, annual and quarterly data frequencies. Similarities and differences are explored...

We develop tests for seasonal unit roots for daily data by extending the methodology of Hylleberg et al. ('Seasonal Integration and Cointegration', Journal of Econometrics, Vol. 44 (1990), No. 1–2, pp. 215–238) and apply our tests to UK and US daily stock market indices. We also investigate...

O'Brien (1996) examined the effect of intercept shifts in I(1) processes upon Johansen's cointegration tests. In the case where the statistical model used for testing fails to take into account one or more intercept shifts, it was shown that unrelated random walks will appear cointegrated with...

This paper introduces a methodology to describe and compare the economic relative performance of the hospitality sector of the Italian regions during the period 2000-2004. Dynamics of the hospitality sector of each region is represented by the evolution of its economic efficiency. The...

This paper analyses residents’ perception toward cruise tourism development and its externalities. The research involved a primary data collection in Messina, during the summer peak of the cruise season in 2011. A correspondence analysis on the local residents’ perceptions shows that...

This paper examines the length of stay of cultural tourists in a mountain destination, on the North-East of Italy. A microeconomic perspective of cultural tourism is provided, where the interest is to analyse the attitude of visitors regarding culture and their overall vacation. To this aim,...