Search results for "Panel data"
showing 10 items of 172 documents
SHOOTING DOWN THE PRICE: EVIDENCE FROM MAFIA HOMICIDES AND HOUSING MARKET VOLATILITY
2019
In this work, we assess the role of a specific type of organized crime in influencing choices on where living within the city territory, and consequently, volatility in house prices. More specifically, we test how organized crime killing may influence house pricing behaviors. Firstly, we show evidences about how organized crime is associated with higher inequality of housing prices for Italian cities in 2011. Then, by collecting and geo referencing data on the city of Naples for the period 2002-2016, we test for the direct influence of homicides on the relevant territory, as on the neighboring districts. Results show a negative and significant impact of killing on the house prices either fo…
A spatial origin‐destination approach for the analysis of local tourism demand in Italy
2023
The article assesses the competitiveness of tourist destinations, while accounting for spatial features of tourism and information on both the origin and the destination of tourists. Using a dynamic spatial panel data model with common factors within the origin-destination framework, it explores unilateral inbound tourism flows in 110 Italian regions from 23 European origin countries over the period 2004-2017. The estimation and test results confirm the need to consider this advanced spatial econometric model. In an empirical application measuring tourism resilience of regions based on this model, the results demonstrate the importance of promoting coordinated actions between neighbouring d…
Human capital and the intertemporal substitution for leisure: empirical evidence for Spain
2022
AbstractIn this paper we provide the first estimate of the intertemporal substitution for leisure in Spain, accounting for the impact of human capital accumulation. This would allow uncovering whether the intertemporal labour supply of Spanish workers is affected by human capital. Our empirical strategy consists of estimating the equation for the intertemporal substitution of leisure with and without accounting for human capital, what allows to detect hypothetical estimation biases associated to omitting the impact of human capital. To that end, we build a pseudo-panel data set combining the Spanish Family Expenditure Survey and the Labour Survey over the period 1987–1997. While the model t…
You Can Even Walk Alone. Stadium Attendance and Professional Soccer Clubs’ Social Role
2008
The purpose of the paper is to suggest a new perspective on the social role in the community for Italian professional soccer clubs. Our findings loosen the knot between hooligans and clubs and could have important consequences on the club’s corporate social responsibility and marketing strategies. After investigating the impact of stadium attendance on team performance for Serie A and B in seasons 2004/05 through 2006/07, we conclude that crowd plays no role in the winning performance of soccer teams at home. Our proposal consists of two policies hinting at a reconciliation between social and educational role of the sport with the club’s commercial interests. The first policy is to establis…
Labour market reforms, institutions, and the quality of employment : should we all follow German Hartz model in reforming labour markets?
2015
Underemployment and aging population are major threats for several European economies. This study asks, whether partial labour market reforms, similar to German Hartz reforms, were good choices for other European countries, especially in terms of the quality of employment. Labour market liberalisation effects are assessed from macro-perspective on 25 OECD countries with fixed-effects panel data analysis. The effects for full-time, part-time, temporary, and low-wage employment are analysed separately for both genders, and also on young adults. The results find out strongly a gendered nature of labour market deregulation effects, which give support for dual labour market theory. There appears…
El impacto de la política de visados sobre los flujos internacionales de turistas: Un análisis con datos de panel
2016
Using newly panel data on visa restrictions for the years 2000 and 2010 in a theory-grounded gravity model, we find a robust, causal negative impact of visa restrictions on international tourist flows. By destination, the detrimental impact of this type of barrier is observed for tourists going to developing countries (with the exception of East and South Asia), but not for those to developed ones. By country of origin of tourists, the impact of visa restrictions appears to be the same for tourists coming from developed and developing countries. These findings have important consequences in policy terms for tourism management at a regional level.
Does government spending boost economic growth in Europe?
2016
The article aims to analyse the evolution of budgetary expenditures and their relationship with economic growth, especially in the EU countries and three non-EU countries - Switzerland, Norway and Iceland during 1991 - 2012. To test the link between government spending and economic growth the research used the United Nation Classification of the Functions of Government and three econometrical regression methods – ordinary least square, least squares dummy variable and the generalized method of moments. Statistical results for the 10 categories of expenditure have shown that economic affairs, environmental protection, recreation, culture and religion and social protection have a significant …
Poverty Permanence Among European Youth
2008
Previous studies suggest that Scandinavian countries are the ones with the highest rates of youth poverty in Europe. This somewhat unexpected finding prompts the question whether the incidence of poverty is an appropriate measure of youth disadvantage. Instead of considering poverty rates we define here youth disadvantage in terms of the number of periods an individual is recorded to be below the poverty line. Using the European Community Household Panel, individuals are classified into different groups of poverty permanence, each reflecting severity of social disadvantage. Based on these categories we implement a generalized ordinal logit model to assess the various factors associated with…
ICT demand behaviour: An international comparison
2009
This study aims to provide some empirical explanations for the gaps in ICT diffusion between industrialized countries, especially European countries vis-à-vis the United States. The panel data cover eleven OECD countries: Austria, Denmark, Finland, France, Germany, Italy, Japan, the Netherlands, Spain, the United Kingdom and the United States. These annual macroeconomic data span the 1981-2005 period.The analysis provides some original results: (i) the impact on ICT diffusion of the level of education and market rigidities has changed over time. The correlation of ICT diffusion, positive with the level of education and negative with market rigidities, increased over time (in absolute terms)…