Regional Geography, Economic Structure and the Impact of Regional Policies: The Case Study of Hotel Industry in Trentino

Journal title SCIENZE REGIONALI
Author/s Roberto Gabriele, Enrico Tundis
Publishing Year 2015 Issue 2015/3 Suppl.
Language Italian Pages 23 P. 37-59 File size 437 KB
DOI 10.3280/SCRE2015-S03003
DOI is like a bar code for intellectual property: to have more infomation click here

Below, you can see the article first page

If you want to buy this article in PDF format, you can do it, following the instructions to buy download credits

Article preview

FrancoAngeli is member of Publishers International Linking Association, Inc (PILA), a not-for-profit association which run the CrossRef service enabling links to and from online scholarly content.

The study proposes an approach to evaluate regional policies accounting for the externalities, linked to the regional context and the spatial distribution of the targeted firms, possibly generated by the policy. The analysis explores the effects of a capital subsidisation programme directed to hotels in the Trentino province through the Provincial Law 6/99. The results show a positive direct effect of subsidies on hotel outcomes. The externalities generated, however, acted as a moderator by fading out the overall effect of the policy.

Keywords: Regional policy; iptwmodels; hotel industry.

Jel codes: C32, R58, L83

  1. Robins J.M., Hernan M.A., Brumback B., 2000, «Marginal Structural Models and Causal Inference in Epidemiology». Epidemiology, 11, 5: 550-560.
  2. Almus M., Czarnitzki D., 2003, «The Effects of Public r&d Subsidies on Firms’ Innovation Activities: The Case of Eastern Germany». Journal of Business & Economic Statistics, 21, 2: 226-236.
  3. Assaf A., Kneževic´ Cvelbar L., 2011. «Privatization, Market Competition, International Attractiveness, Management Tenure and Hotel Performance: Evidence from Slovenia». International Journal of Hospitality Management, 30, 2: 391-397. DOI: 10.1016/j.ijhm.2010.03.012
  4. Azoulay P., Ding W., Stuart T., 2009, «The Impact of Academic Patenting on the Rate, Quality and Direction of (Public) Research Output». The Journal of Industrial Economics, 57, 4: 637-676. DOI: 10.1111/j.1467-6451.2009.00395.x
  5. Asthana S.C., Zhang Y., 2006, «Effect of r&d Investments on Persistence of Abnormal Earnings». Review of Accounting and Finance, 5, 2: 124-139. DOI: 10.1108/14757700610668967
  6. Baginski S.P., Lorek K.S., Willinger G.L., Branson B.C., 1999, «The Relationship between Economic Characteristics and Alternative Annual Earnings Persistence Measures». The Accounting Review, 74, 1: 105-120.
  7. Barca F., McCan, P., Rodriguez-Pose A., 2012, «The Case for Regional Development Intervention: Place-Based versus Place-Neutral Approaches ». Journal of Regional Science, 52, 1: 134-152. DOI: 10.1111/j.1467-9787.2011.00756.x
  8. Baum J.A., Haveman H.A., 1997, «Love thy Neighbor? Differentiation and Agglomeration in the Manhattan Hotel Industry, 1898-1990». Administrative Science Quarterly, 42, 2: 304-338.
  9. Baum J.A.C., Mezias S.J., 1992, «Localized Competition and Organizational Failure in the Manhattan Hotel Industry». Administrative Science Quarterly, 37, 4: 580-604. DOI: 10.2307/2393473
  10. Beritelli P., Bieger T., Laesser C., 2007, «Destination Governance: Using Corporate Governance Theories as a Foundation for Effective Destination Management». Journal of Travel Research, 46, 1: 96-107. DOI: 10.1177/0047287507302385
  11. Bernini C., Pellegrini G., 2013, «Is Subsidizing Tourism Firms an Effective Use of Public Funds?». Tourism Management, 35: 156-167. DOI: 10.1016/j.tourman.2012.06.012
  12. Cerqua A., Pellegrini G., 2014, Beyond the sutva: How Policy Evaluations Change When We Allow for Interactions Among Firms. Rome: Sapienza University, School of Economics, Working Paper n. 2.
  13. Cerulli G., 2014, Identification and Estimation of Treatment Effects in the Presence of Neighbourhood Interactions. Working Paper, Cnr_Ceris, n. 4.
  14. Commision of the European Communities, 2007, Agenda for a Sustainable and Competitive European Tourism. Brussels: Com(2007)-621 final Chung W., Kalnins A., 2001, «Agglomeration Effects and Performance: A Test of the Texas Lodging Industry». Strategic Management Journal, 22, 10: 969-988. DOI: 10.1002/smj.178
  15. Corsino M., Mirabella C., Tundis E., Zaninotto E., 2011, «Fattori manageriali, condizioni di contesto ed efficienza produttiva nei servizi. Uno studio sul settore alberghiero in Trentino». Economia dei Servizi, 1: 11-28.
  16. De Castris M., Pellegrini G., 2012, «Evaluation of Spatial Effects of Capital Subsidies in the South of Italy». Regional Studies, 46, 4: 525-538. DOI: 10.1080/00343404.2010.509130
  17. De Jorge J., Suarez C., 2013, «Productivity, Efficiency and its Determinant Factors in Hotels». The Service Industries Journal, 34, 4: 354-372. DOI: 10.1080/02642069.2013.778977
  18. Dwyer L., Forsyth P., Spurr R., 2004, «Evaluating Tourism’s Economic Effects: New and Old Approaches». Tourism Management, 25, 3: 307-317. DOI: 10.1016/S0261-5177(03)00131-6
  19. Ferracci M., Jolivet G., Van den Berg G J., 2013, «Evidence of Treatment Spillovers Within Markets». Review of Economics and Statistics, 96, 5: 812-823. DOI: 10.1162/REST_a_00428
  20. Franch M., Martini U., Buffa F., 2010, «Roles and Opinions of Primary and Secondary Stakeholders within Community-type Destinations». Tourism Review, 65, 4: 74-85.
  21. Gan L., Hernandez M.A., 2013, «Making Friends with your Neighbors? Agglomeration and Tacit Collusion in the Lodging Industry». Review of Economics and Statistics, 95, 3: 1002-1017. DOI: 10.3386/w16739
  22. Hanson A., Rohlin S., 2013; «Do Spatially Targeted Redevelopment Programs Spillover?». Regional Science and Urban Economics, 43, 1: 86-100. DOI: 10.1016/j.regsciurbeco.2012.05.002
  23. Hernan M.A., Brumback B. Robins J.M., 2000, «Marginal Structural Models to Estimate the Causal Effect of Zidovudine on the Survival of hiv-positive Men. Epidemiology, 11: 561 570.
  24. Hogan J.W., Lancaster T., 2004, «Instrumental Variables and Inverse Probability Weighting for Causal Inference from Longitudinal Observational Studies». Statistical Methods in Medical Research, 13, 1: 17-48.
  25. Hong G., Raudenbush S.W., 2006, «Evaluating Kindergarten Retention Policy». Journal of the American Statistical Association, 101, 475: 901-910. DOI: 10.1198/016214506000000447
  26. Hudgens M.G., Halloran M.E., 2008, «Toward Causal Inference with Interference ». Journal of the American Statistical Association, 103, 482: 832-842. DOI: 10.1198%2F016214508000000292
  27. Imbens G.W., Wooldridge J.M., 2009, «Recent Developments in the Econometrics of Program Evaluation». Journal of Economic Literature, 47, 1: 5-86. DOI: 10.1257/jel.47.1.5
  28. Lechner M., 2009, «Sequential Causal Models for the Evaluation of Labor Market Programs». Journal of Business & Economic Statistics, 27, 1: 71-83. DOI: 10.1198/jbes.2009.0006
  29. Logar I., 2010, «Sustainable Tourism Management in Crikvenica, Croatia: An Assessment of Policy Instruments». Tourism Management, 31, 1: 125-135.
  30. DOI: 10.1016/j.tourman.2009.02.005.ManskiC.F.,1993,«IdentificationofEndogenousSocialEffects:TheReflectionProblem».TheReviewofEconomicStudies,60,3;531–542
  31. Neumark D., Simpson H., 2014, Place-based Policies. nber Working Paper, n. 20049.
  32. oecd, 2009a, How Regions Grow. Paris: Organisation for Economic Growth and Development.
  33. oecd, 2009b, Regions Matter: Economic Recovery, Innovation and Sustainable Growth. Paris: Organisation for Economic Growth and Development.
  34. Orfila-Sintes F., Mattsson J., 2009, «Innovation Behavior in the Hotel Industry». Omega, 37, 2: 380-394.
  35. pat-Servizio Statistica, 2006, L’imprenditoria alberghiera nella provincia di Trento. Trento: Provincia Autonoma di Trento.
  36. Ritchie J.R.B., Crouch G.I., 2000, «The Competitive Destination: A Sustainability Perspective». Tourism Management, 21, 1: 1-7.
  37. Rosenbaum P., 2007, «Interference Between Units in Randomized Experiments ». Journal of the American Statistical Association, 102, 477: 191-200. DOI: 10.1198/016214506000001112
  38. Rosenbaum P., Rubin D.B., 1983, «The Central Role of the Propensity Score in Observational Studies for Causal Effects». Biometrika, 70, 1: 41-55. DOI: 10.1093/biomet/70.1.41
  39. Sainaghi R., 2010, «Hotel Performance: State of the Art». International Journal of Contemporary Hospitality Management, 22, 7: 920-952. DOI: 10.1108/09596111011066617
  40. Schubert S.F., Brida J.G., 2008, «The Dynamic Effects of Subsidizing the Tourism Sector». Tourism Economics, 14, 1: 57-80.
  41. Schubert S.F., 2010, «Coping with Externalities in Tourism: A Dynamic Optimal Taxation Approach». Tourism Economics, 16, 2: 321-343. DOI: 10.2139/ssrn.1416103
  42. Sheng L., 2011, «Taxing Tourism and Subsidizing Non-tourism: A Welfareenhancing Solution to ‘Dutch Disease’?». Tourism Management, 32, 5: 1223-1228. DOI: 10.1016/j.tourman.2010.09.009
  43. Tchetgen E.J.T., VanderWeele T.J., 2010, «On Causal Inference in the Presence of Interference». Statistical Methods in Medical Research, 21, 1: 55-75. DOI: 10.1177/0962280210386779

Roberto Gabriele, Enrico Tundis, Contesto regionale, struttura economica e impatto delle politiche regionali: il caso degli alberghi in Trentino in "SCIENZE REGIONALI " 3 Suppl./2015, pp 37-59, DOI: 10.3280/SCRE2015-S03003