There is a certain agreement in the regional economics literature on tourism development as a lever of territorial cohesion and regional convergence. Yet, evidence about its impact on social inclusion within destination regions is scant. The emerging literature placing tourism development as a driver of inequality relies mostly on qualitative methods and individual case studies, thus overlooking a cross-national perspective. In this article, we address this gap by estimating the impacts of tourism growth between 2013 and 2018 on housing instability through its effects on rents and the perceived financial burden of housing costs. Based on a combination of data sourced from Eurostat and a geo-located dataset of Airbnb listings, a Bayesian path analysis model was specified with a sample of densely populated areas in 85 European regions. Results reveal the controversial influence of tourism on urban destinations, indicating how the increase in the number of visitors may benefit mean incomes and relieve the pressure on housing costs, while at the same time, driving a higher dispersion of income and residential displacement. A clear difference is established between homeowners and tenants to this regard: the former can use the opportunities of rent extraction in the platform economy to withstand the economic pressure of tourism, while the latter are more exposed to the risk of having to leave their homes.
The contribution of managers to the performance of football teams in the Italian Serie A is investigated. Previous results are extended by analyzing two measures of performance: the awarded points from winning matches (sport performance) and the growth of the market value of players (financial performance). Several empirical methods are employed: OLS regressions, Shorrocks-Shapley decompositions of R-squared and Data Envelopment Analysis. Our findings suggest that managers exert a significant influence on both sport and financial performances with differences between top and worst coaches. However, most of the observable characteristics in a manager’s curriculum are not significantly related to team performance.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.