Most of the relevant literature on the evaluation of the impact of public subsidies to private firms deals with the estimation of causal effects of a binary treatment. However, several policies allow for different levels of subsidies, depending on the investment project, the firm dimension, the...

The paper analyzes the influence of tourist heterogeneity on the Tourist Local System Overall Satisfaction and its changes over time. We investigate two aspects: if different tourists segmented according to their trip motivation (seaside, conference and sport) show the same pattern of evaluation...

The purpose of the paper is to provide new information on the performance of frontier estimation methods, using data from Italian hotel industry. Quantile regression is also suggested as solution to frontier production function estimation. It is shown that, while the choice of estimation methods...

In the last decades, banking re-organization process has progressively increased centralized hierarchical organizational structures. In several cases, the restructuring activity has involved a geographic expansion of the financial organizations to other municipalities within the home province or...

The dynamic analysis of Customer Satisfaction is particularly useful for monitoring either customer satisfaction over time or customer behaviour reaction to company strategies, and therefore for measuring their effectiveness and efficiency. In the paper we address the following questions: does...

The paper provides a statistically robust evaluation of the impact of state aid on capital accumulation in subsidized firms. The analysis considers subsidies allocated to the southern Italian regions over the period 1996-2004 under the regional policy, Law 488/1992. We apply an MDID estimator,...