Showing 1 - 10 of 1,293
This paper studies the impact of UNESCO World Heritage List (WHL) inscription on income and property values in the …
Persistent link: https://www.econbiz.de/10013555722
Culture has attributes of a global public good that needs to be preserved for mankind as a whole. World Culture … Certificates are proposed to efficiently preserve World Heritage. The community of nations has to agree on the Global Heritage List … and how much each nation is to contribute to that purpose. Each World Heritage site conserved is acknowledged through the …
Persistent link: https://www.econbiz.de/10003872401
This article investigates whether the distance between origin and destination has played an increased role in shaping Italy’s domestic tourism flows during the recent years of economic recession. Indeed, the occurrence of closer tourism destinations, as a consequence of the economic crisis,...
Persistent link: https://www.econbiz.de/10010492324
Tourism accounts for around one tenth of global GDP. We analyze the impact of entertainment media in drawing tourists to filming locations (media multiplier ) and, in turn, the effect of tourism on local economic development (tourism multiplier ). To assess the media multiplier, we employ a...
Persistent link: https://www.econbiz.de/10012510008
capacity of regional governments to conserve heritage, using new designations in the World Heritage List as a proxy. We test … whether the location of a region matters by controlling for the stock of World Heritage in the surrounding regions, and if low …
Persistent link: https://www.econbiz.de/10012001843
We examine how new airport infrastructure influences regional tourism. Identification is based on the conversion of a military air base into a regional commercial airport in the German state of Bavaria. The new airport opened in 2007 and promotes travelling to the touristic region Allgäu in the...
Persistent link: https://www.econbiz.de/10012157335
Economic development of a remote, mountainous region is a challenge for any country. This paper examines how this development challenge has been addressed in a high-altitude backward region of the People's Republic of China. Is this region increasingly being left behind or has it entered a...
Persistent link: https://www.econbiz.de/10012165995
Search engines are important access channels to news content of traditional newspapers with Google alone responsible for 35% of online visits to news outlets in the European Union. Yet, the effects of Google Search on market competition and information diversity have received scant attention....
Persistent link: https://www.econbiz.de/10014391285
We examine the relationship between the prices paid by households and their shopping patterns measured in terms of shopping frequency and the range of stores visited. We use the TNS data which allows us to control for household heterogeneity. The main contribution of the paper is that we find...
Persistent link: https://www.econbiz.de/10010393118
Crowdfunding provides innovation in enabling entrepreneurs to contract with consumers before investment. Under aggregate demand uncertainty, this improves screening for valuable projects. Entrepreneurial moral hazard and private cost information threatens this benefit. Despite these threats,...
Persistent link: https://www.econbiz.de/10011541093