<script type="text/javascript">
<!--
document.write('<div id="oa_widget"></div>');
document.write('<script type="text/javascript" src="https://beta.openaire.eu/index.php?option=com_openaire&view=widget&format=raw&projectId=undefined&type=result"></script>');
-->
</script>

COPY SCRIPT

For further information contact us at helpdesk@openaire.eu

Is subsidising tourism firms an effective use of public funds?

descriptionPublicationkeyboard_double_arrow_right Article , Journal 01 Apr 2013 Italy Publisher:Elsevier BVJournal:Tourism Management, volume 35, pages 156-167 (issn: 0261-5177,

Authors: BERNINI, CRISTINA; pellegrini guido;

doi: 10.1016/j.tourman.2012.06.012

handle: 11573/468171 , 11585/119388

Is subsidising tourism firms an effective use of public funds?

- Summary
- Subjects
- Related research
  (8)
- Metrics

Abstract

Abstract This study assesses the impact of state aid on firms in the tourism sector by implementing an accurate micro-econometric evaluation of their causal effect. Analyses consider subsidies allocated by the main regional policy in Italy, the Law 488/1992, during the period 1999–2003. A Matching Difference-In-Difference (MDID) estimator is applied, considering the presence of selection on observable and non-observable factors. Effects on the tourism sector are compared with those in the manufacturing industry. The impacts with respect to different types of tourism destinations where tourism firms operate are also evaluated. The results show higher output and employment growth but lower labour productivity dynamics in subsidised firms relative to non-subsidised ones. The impacts are diverse across types of tourism destinations.

Country

Italy

Related Organizations

Sapienza University of Rome
Italy
Alma Mater Studiorum University of Bologna
Italy
Roma Tre University
Italy

Keywords

public subsidies; mdid estimator; tourism firms; tourism destination typologies; policy evaluation; tourism destination types, PUBLIC SUBSIDIES; POLICY EVALUATION; TOURISM FIRMS; TOURISM DESTINATION TYPOLOGIES; MDID ESTIMATOR

8 Research products, page 1 of 1

Ex-post evaluation of the R&D tax incentive law in Chile
2020IsAmongTopNSimilarDocuments
Empirical evaluation of full-reference image quality metrics on MDID database
2019IsAmongTopNSimilarDocuments
Characteristic Chemical Time Scale Analysis of a Partial Oxidation Flame in Hot Syngas Coflow
2017IsAmongTopNSimilarDocuments
A importância das redes sociais na divulgação do Mestrado de Design de Identidade Digital
2021IsAmongTopNSimilarDocuments
The Returns to Continuous Training in Germany: New Evidence from Propensity Score Matching Estimators
2007IsAmongTopNSimilarDocuments
How are growth and productivity in private firms affected by public subsidy? Evidence from a regional policy
2011IsAmongTopNSimilarDocuments
Physician initiated cancer screening discussions and patient intention to engage in screening behavior
2007IsAmongTopNSimilarDocuments
Distribution System Resilience in Ice Storms by Optimal Routing of Mobile Devices on Congested Roads
2021IsAmongTopNSimilarDocuments

Impact byBIP!

	citations This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).	15
	popularity This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.	Top 10%
	influence This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).	Top 10%
	impulse This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.	Top 10%