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Purpose The purpose of this paper is to verifying the economic resilience of islands and, in particular, the role of the tourism sector in the reaction to the most recent economic crisis. The analysis concerns insular contexts, such as the greater island regions in the Mediterranean basin. Design/methodology/approach Static and dynamic panel data techniques are used for a sample of 13 island economies over a period of 16 years. Findings Results show that the growth factors for regional islands are similar to the ones usually considered for other regions, but the tourism-led growth hypothesis is highly supported. Tourism demand more than supply plays a role together with accessibility. The crisis has reduced the importance of tourism supply, while tourism demand and accessibility have remained crucial for growth together with other traditional engines of growth. Originality/value To the best of authors’ knowledge, none of the current works has considered territorial determinants and tourism indicators inside the same framework analyzing growth in island economies by considering the changes occurred during the crisis explicitly.
Fabio Mazzola; Pietro Pizzuto; Giovanni Ruggieri. The role of tourism in island economic growth and resilience. Journal of Economic Studies 2019, 46, 1418 -1436.
AMA StyleFabio Mazzola, Pietro Pizzuto, Giovanni Ruggieri. The role of tourism in island economic growth and resilience. Journal of Economic Studies. 2019; 46 (7):1418-1436.
Chicago/Turabian StyleFabio Mazzola; Pietro Pizzuto; Giovanni Ruggieri. 2019. "The role of tourism in island economic growth and resilience." Journal of Economic Studies 46, no. 7: 1418-1436.
The islands of the European Union, generally associated with the sun and sea, attract the great majority of tourist flows in the summer months. This characteristic is shared by all the islands, be they in the Mediterranean or in the Baltic. However, through detailed analysis and the use of specific indicators, it was demonstrated that some islands are increasingly developing winter tourism in an effort to improve the annual occupancy rate of beds and mitigate seasonality curves. This study examines some islands that are located in different seas of the European Union, at different latitudes and hence in different climatic zones. These islands are: Cyprus (CY), Sicily (IT), Madeira (PT), and Hiiumaa (EE). The objective is to determine how weather affects tourism flows and to what extent these are the result of planning and development decisions. Climate and current development and tourism promotion policies will also be examined.
Giovanni Ruggieri. Islands Tourism Seasonality. Tourism and Leisure 2014, 371 -383.
AMA StyleGiovanni Ruggieri. Islands Tourism Seasonality. Tourism and Leisure. 2014; ():371-383.
Chicago/Turabian StyleGiovanni Ruggieri. 2014. "Islands Tourism Seasonality." Tourism and Leisure , no. : 371-383.
This chapter analyses the main dimensions of 24 Mediterranean islands representing seven European countries. It highlights some of the economic...
Giovanni Ruggieri. Tourism in Mediterranean Islands: a comparative analysis. Island tourism: sustainable perspectives 2011, 186 -196.
AMA StyleGiovanni Ruggieri. Tourism in Mediterranean Islands: a comparative analysis. Island tourism: sustainable perspectives. 2011; ():186-196.
Chicago/Turabian StyleGiovanni Ruggieri. 2011. "Tourism in Mediterranean Islands: a comparative analysis." Island tourism: sustainable perspectives , no. : 186-196.