The Impact of a New Airport on International Tourism: The Case of Ragusa (Sicily, Italy)
Francesco David and
Giuseppe Saporito
Politica economica, 2018, issue 3, 327-344
Abstract:
Airports play a crucial role in connecting places and boosting local economic development; notwithstanding this, empirical evidence on the subject is relatively limited. This paper estimates the impact of a new airport in Ragusa, in southeastern Sicily, on international tourism flows in the area, using a synthetic control approach. Connecting by air a relatively peripheral and isolated area of Sicily with a high tourism potential has made it possible to increase by about 16% the number of nights spent by foreign tourists (by about 4,450 additional nights), generating 377,000 more in tourist expenditure per month.
Keywords: Air Transport; International Tourism; Synthetic Control Method. (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:mul:je8794:doi:10.1429/92123:y:2018:i:3:p:327-344
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