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The Tourism Industry in Italy during the Great Recession (2008-12): What Data Show and Suggest

Author

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  • Cellini, Roberto
  • Cuccia, Tiziana
Abstract
– The purpose of this article is to describe the evolution of the tourism industry in Italy during the recent years of the so-called ‘Great recession’ (2008-12). We highlight the most prominent features of the changes occurred in both the supply and the demand side, over these years. We describe the differences across different categories of accommodation structures, different kinds of destinations and different regions. The issue of “resilience” is used to explain the different degrees of success in responding to the national adverse shock hitting the industry. However, our interpretation is that deep structural changes in the demand and supply sides of the tourism industry, rather than specific resilient adjustments, have occurred in these years of recession.

Suggested Citation

  • Cellini, Roberto & Cuccia, Tiziana, 2014. "The Tourism Industry in Italy during the Great Recession (2008-12): What Data Show and Suggest," MPRA Paper 60999, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:60999
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    References listed on IDEAS

    as
    1. Cuccia, Tiziana & Rizzo, Ilde, 2011. "Tourism seasonality in cultural destinations: Empirical evidence from Sicily," Tourism Management, Elsevier, vol. 32(3), pages 589-595.
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    8. Lucia Foster & Cheryl Grim & John Haltiwanger, 2016. "Reallocation in the Great Recession: Cleansing or Not?," Journal of Labor Economics, University of Chicago Press, vol. 34(S1), pages 293-331.
    9. Alegre, Joaquín & Sard, Maria, 2015. "When demand drops and prices rise. Tourist packages in the Balearic Islands during the economic crisis," Tourism Management, Elsevier, vol. 46(C), pages 375-385.
    10. Roberto Cellini & Gianpiero Torrisi, 2013. "Regional Public Spending for Tourism in Italy: An Empirical Analysis," Tourism Economics, , vol. 19(6), pages 1361-1384, December.
    11. Eleonora Lorenzini & Maurizio Pisati & Tomaso Pompili, 2014. "Determinants of international tourist choices in Italian provinces: a joint demand-supply approach with spatial effects," ERSA conference papers ersa14p862, European Regional Science Association.
    12. Guido Candela & Paolo Figini, 2012. "The Economics of Tourism Destinations," Springer Texts in Business and Economics, Springer, edition 127, number 978-3-642-20874-4, June.
    13. Roberto Cellini & Gianpiero Torrisi, 2014. "Regional Resilience in Italy: A Very Long-Run Analysis," Regional Studies, Taylor & Francis Journals, vol. 48(11), pages 1779-1796, November.
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    15. Guido Candela & Roberto Cellini, 2006. "Investment in Tourism Market: A Dynamic Model of Differentiated Oligopoly," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 35(1), pages 41-58, September.
    16. Yang, Chih-Hai & Lin, Hui-Lin, 2011. "Is UNESCO recognition effective in fostering tourism? A comment on Yang, Lin and Han: Reply," Tourism Management, Elsevier, vol. 32(2), pages 455-456.
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    Cited by:

    1. Martínez, José Manuel Guaita & Martín, José María Martín & Rey, María del Sol Ostos, 2020. "An analysis of the changes in the seasonal patterns of tourist behavior during a process of economic recovery," Technological Forecasting and Social Change, Elsevier, vol. 161(C).

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    More about this item

    Keywords

    Tourism; Structural changes; Regions; Resilience; Great Recession;
    All these keywords.

    JEL classification:

    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism
    • R39 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Other

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