According to the World Tourism Organization, the sustainable tourism meets the needs of tourists and inhabitants of an area; and, at the same time, it protects and improves opportunities for the future. The sustainable tourism, in fact, could be considered as a mile stone and a guiding principle for territorial
A key strategy for supporting destination competitiveness is to enhance endogenous amenities and tourists are the best candidate to evaluate them at the destination. In the analysis, we use a comprehensive dataset on foreign travellers to investigate their happiness at Italian destinations between 2005-2014. Using a theory-dependent approach to model happiness at the destination with respect to endogenous and exogenous amenities, personal characteristics and trip features, we show a great diversity in the mix of amenities affecting tourist happiness.
This paper explores the main drivers of firms’ external competitiveness in times of crisis. We focus on the aftermath of the Great Recession (2008–2015) and present evidence based on a comprehensive survey of Italian companies (the MET dataset). Overall, our results highlight not only the strict correlation between internationalization and innovative activities but also a positive change of attitude of Italian firms towards these strategies.
This paper analyzes the changes over time of the intra-EU competitiveness shock absorption in Italy, checking whether structural changes occurred under different Exchange Rate Mechanisms and with the crisis. By using a time-varying Bayesian VAR identified with mixed sign and zero restrictions, we find that the share of a competitiveness shock absorbed through the trade balance in Italy, has permanently increased with the EMU.
After decades of economic integration and EU enlargement, the economic geography
of Europe has shifted, with new peripheries emerging and the core
showing signs of fragmentation. This book examines the paths of the core and
peripheral countries, with a focus on their diverse productive capabilities and
their interdependence.
Crisis in the European Monetary Union: A Core-Periphery
Perspective provides
a new framework for analysing the economic crisis that has shaken the
Eurozone countries. Its analysis goes beyond the short-term,
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