Abstract: |
In this paper, we analyse the effects of public spending for tourism in the
twenty Italian regions. The evaluation is made possible by the availability of
the databank under the project ‘Conti Pubblici Territoriali’ (‘Regional Public
Account’) of the Ministry of Economic Development, wherein the spending of all
public institutions is aggregated for each region, and it is also classified
according to different criteria, including the sectoral criterion. We take a
cross-sectional regression analysis approach, and the effects of public
spending for tourism on tourism attraction are investigated. Generally
speaking, the effectiveness of public spending appears to be weak. |