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

Roberto Cellini and Tiziana Cuccia

MPRA Paper from University Library of Munich, Germany

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.

Keywords: Tourism; Structural changes; Regions; Resilience; Great Recession (search for similar items in EconPapers)
JEL-codes: L83 R39 (search for similar items in EconPapers)
Date: 2014-12, Revised 2015-02
New Economics Papers: this item is included in nep-mfd and nep-tur
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https://mpra.ub.uni-muenchen.de/62473/1/MPRA_paper_60999.pdf original version (application/pdf)
https://mpra.ub.uni-muenchen.de/62473/12/MPRA_paper_62473.pdf original version (application/pdf)

Related works:
Working Paper: The Tourism Industry in Italy during the Great Recession (2008-12): What Data Show and Suggest (2014)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:62473

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