The role of museums in bilateral tourist flows: Evidence from Italy
Nadia Campaniello () and
Matteo Richiardi ()
Economics Discussion Papers from University of Essex, Department of Economics
This paper estimates the causal relationship between the supply of art and tourist flows. We use aggregate bilateral data on tourist flows and on museums in the twenty Italian regions. To solve the potential endogeneity of the supply of museums we use three different empirical strategies: we control for bilateral macro-area dummies, we compute the degree of selection on unobservables relative to observables which would be necessary to drive the result to zero and, finally, we adopt a 2SLS approach that uses a measure of historical patronage, the number of noble families, as an instrument for the number of museums. We find strong evidence of a causal relationship between museums and tourist flows. Local supply of art helps not only attracting cultural consumers from other regions, but retaining residents who would otherwise visit other regions to consume arts. We conclude the paper with a back-of-the-envelope calculation of the economic impact (driven by tourism) of museums.
Keywords: HB (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cul and nep-tur
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
https://repository.essex.ac.uk/15638/ original version (application/pdf)
Journal Article: The role of museums in bilateral tourist flows: evidence from Italy (2018)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:esx:essedp:15638
Ordering information: This working paper can be ordered from
Discussion Papers Administrator, Department of Economics, University of Essex, Wivenhoe Park, Colchester CO4 3SQ, U.K.
http://www.essex.ac. ... /papers-request.aspx
Access Statistics for this paper
More papers in Economics Discussion Papers from University of Essex, Department of Economics Contact information at EDIRC.
Bibliographic data for series maintained by Essex Economics Web Manager ().