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Promoting the international demand for agritourism – empirical evidence from a dynamic panel data model

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  • Santeramo, Fabio Gaetano

Abstract

Tourism is a major economic activity and one of the most important income sources for Italy. In recent years, tourism supply is widely changing and rural tourism is growing fast. Studies on agritourism are increasing in number, but the determinants of the international demand for rural tourism is are still largely under-investigated. We empirically investigate the determinants of the international demand for agritourims in Italy. We show the luxury nature of rural tourism, and demonstrate that international flows are demand driven. To the extent that entrepreneurs and policymakers want to encourage rural tourisms, subsidies, policy interventions and marketing campaigns may differ substantially according to the targeted foreign countries. We investigate these differences.

Suggested Citation

  • Santeramo, Fabio Gaetano, 2014. "Promoting the international demand for agritourism – empirical evidence from a dynamic panel data model," MPRA Paper 59625, University Library of Munich, Germany, revised 01 Feb 2014.
  • Handle: RePEc:pra:mprapa:59625
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    References listed on IDEAS

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    Cited by:

    1. Santeramo, Fabio Gaetano & Morelli, Mariangela, 2015. "Enhancing the foreign demand for agritourism," Politica Agricola Internazionale - International Agricultural Policy, Edizioni L'Informatore Agrario, issue 2, pages 1-10, October.
    2. Santeramo, Fabio Gaetano & Barbieri, Carla, 2015. "On the demand for agritourism: a cursory review of methodologies and practice," MPRA Paper 68177, University Library of Munich, Germany.
    3. Galluzzo, Nicola, 2015. "Role And Effect Of Agroforesty Subsides Allocated By The Common Agricultural Policy In Italian Farms," International Journal of Food and Agricultural Economics (IJFAEC), Alanya Alaaddin Keykubat University, Department of Economics and Finance, vol. 3(1), pages 1-13, January.
    4. Iseppi, Luca & Ginaldi, Fabrizio, 2011. "New approach to analyze relationships between agritouristic supply and territory," 122nd Seminar, February 17-18, 2011, Ancona, Italy 99420, European Association of Agricultural Economists.
    5. Santeramo, Fabio Gaetano & Morelli, Mariangela, 2015. "Modeling tourism flows through gravity models: A quantile regression approach," MPRA Paper 64446, University Library of Munich, Germany.

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    More about this item

    Keywords

    Agritourism; Italy; Demand; Tourism flows; PPML; Dynamic gravity;
    All these keywords.

    JEL classification:

    • F22 - International Economics - - International Factor Movements and International Business - - - International Migration
    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism
    • Q17 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agriculture in International Trade

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