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We consider an economy with two types of firms (innovative and non-innovative) and two types of workers (skilled and unskilled), where workers' decisions are driven by imitative behavior, and thus the evolution of such an economy depends on the initial distribution of the firms. We show that...
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Purpose – This paper aims provides an empirical analysis of the development of the internationalisation process in the Spanish hotel industry, which has experienced major changes during the past decade. The degree of internationalisation between 2000 and 2010 is used as a proxy variable with...
Persistent link: https://www.econbiz.de/10014765151
This study presents a theoretical and operational framework for analysing repeat visit to museums. Starting from the literature on repeat visit in tourism, the specificities of these cultural attractions are made explicit through a review of theoretical and applied works. Consistently with...
Persistent link: https://www.econbiz.de/10010897152
Past literature investigating the determinants of tourist expenditure have made a wide use of econometric models to assess conditional relationships of a set of regressors in predicting individual spending. However such techniques provide little or no information about the relationships within...
Persistent link: https://www.econbiz.de/10010897156
This paper analyzes the dynamic economic performance of the Italian regions during the period 1970-2004. The performance is given by the transitions between regimes defined by the level and the growth rates of per capita GDP. Using the concept of economic regime, we introduce a notion of...
Persistent link: https://www.econbiz.de/10010780001
This paper introduces a new methodology in order to construct Minimal Spanning Trees (MST) and Hierarchical Trees (HT) using the information provided by more than one variable. In fact, the Symbolic Time Series Analysis (STSA) approach is applied to the Dow Jones companies using information not...
Persistent link: https://www.econbiz.de/10011058061