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This paper analyses the efficiency of hotels across all of the 20 regions in Italy using a data envelopment analysis (DEA). The empirical results indicate that Sardinia can be considered as a region "falling further behind", whereas some regions in the North and Centre of Italy can be regarded...
Persistent link: https://www.econbiz.de/10008551286
Nowadays many developing countries focus on economic policies for promoting international tourism and exports expansion as a potential source of economic growth of the country. However, the understanding of the relationship between exports and economic growth is still ongoing. When treating the...
Persistent link: https://www.econbiz.de/10005230822
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
International tourism is a major foreign exchange earner and a principal export for many low income countries as well as for developed ones. Nowadays many developing countries focus economic policies on promoting international tourism as a potential source of economic growth for the country...
Persistent link: https://www.econbiz.de/10005539370
The life cycle approach (LCA) is considered as a useful prescriptive and normative tool for analysing the development of destinations and evolution of markets. A case study of the Island of Sardinia (Italy) highlights the utility of the LCA approach because this region provides a long run...
Persistent link: https://www.econbiz.de/10005543075
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...
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