Laura Vici - Academia.edu (original) (raw)

Papers by Laura Vici

Research paper thumbnail of Eco labels and tourism flows: How much is a Blue Flag worth?

Social Science Research Network, Jan 9, 2014

The rise in destination accessibility and the emergence of new market segments have increased the... more The rise in destination accessibility and the emergence of new market segments have increased the competition among tourism destinations, both at national and international level. In order to gain a significant competitive advantage over competitors, destinations increasingly make use of signals that certify and communicate the level of quality provided. While existing research on tourism certifications mostly pertains to quality evaluation, this study exploits quantitative methods to assess the economic impact of destinations' labels. The analysis considers one of the most popular certification of environmental quality attributed to beaches, the Blue Flag award. It explores the relationship between the certification achievement and inbound tourist flows, focusing on the Italian case study. In fact, given their aim of providing synthetized information on destinations, certification programs particularly affect foreign tourists who suffer more from asymmetric information. Panel data techniques and highly disaggregated data are employed to compare the attractiveness of certified and non-certified provinces, by controlling for several factors potentially confounding the effect of the certification.

Research paper thumbnail of Demand distribution dynamics in creative industries: The market for books in Italy

Information Economics and Policy, Sep 1, 2008

Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch ge... more Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden. Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen. Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. Terms of use: Documents in EconStor may be saved and copied for your personal and scholarly purposes. You are not to copy documents for public or commercial purposes, to exhibit the documents publicly, to make them publicly available on the internet, or to distribute or otherwise use the documents in public.

Research paper thumbnail of C’eravamo tanto amati? La Facoltà di Economia, sede di Rimini, e i suoi laureati

... Università di Bologna* 1. Introduzione Gli studenti, nell'attraversare gli anni universi... more ... Università di Bologna* 1. Introduzione Gli studenti, nell'attraversare gli anni universitari, vivono spesso un rapporto complesso e controverso con l'Ateneo scelto e con la città universitaria che li ospita. Anche chi studia o chi ha studiato a Rimini non fa eccezione. ...

Research paper thumbnail of Assessing visitor satisfaction with tourism rejuvenation policies: the case of Rimini, Italy

Journal of Environmental Planning and Management, Dec 11, 2008

Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch ge... more Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden. Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen. Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. Terms of use: Documents in EconStor may be saved and copied for your personal and scholarly purposes. You are not to copy documents for public or commercial purposes, to exhibit the documents publicly, to make them publicly available on the internet, or to distribute or otherwise use the documents in public.

Research paper thumbnail of The Externalities between Tourists and Residents: a Study of Rimini Using Discrete Choice Models

Edward Elgar eBooks, 2010

During their holidays, tourists produce direct and indirect effects on local residents, which can... more During their holidays, tourists produce direct and indirect effects on local residents, which can either be positive or negative. In this paper we investigate how residents of Rimini, a popular Italian seaside resort hosting more than ten million national and foreign overnight stays every year, internalise such effects. We use a stated preference approach and, in particular, a discrete choice modelling technique; within this framework, we are able to test some conjectures about residents\u2019 welfare, by measuring their willingness to pay for alternative scenarios regarding the use of the territory. Tourist policies and public investments in the destination affect residents\u2019 welfare, and our results might suggest areas of potential synergies and trade-off, leading to important policy implications

Research paper thumbnail of Le esternalità tra residenti e turisti

Research paper thumbnail of And Suddenly, the Rain! How Surprises Shape Experienced Utility

SSRN Electronic Journal

The utility associated with a service's consumption is contingent on its intrinsic characteristic... more The utility associated with a service's consumption is contingent on its intrinsic characteristics and various situational factors. One key element that influences consumer satisfaction is adherence to prior expectations. This is particularly relevant for experience goods that highly depend on external factors, such as weather. On these premises, the current study explores the role of expectations on utility by analyzing the effect of weather surprises (i.e., the mismatch between forecast and realized weather) on online ratings. Results from the analysis of over 300,000 reviews posted on Booking.com indicate that weather surprises have an impact on the reported experienced utility, the effect depending on the sign of the surprise. Moreover, the consumption span moderates the surprise effect, thereby mitigating the impact of both positive and negative surprises on utility.

Research paper thumbnail of The Impact of COVID-19 on Sports Tourism Expenditures: A Quasi-DiD Analysis

Research paper thumbnail of Good students, avid readers: The cost of academic success

Bulletin of Economic Research

The effects of reading habits on academic performances have been carefully investigated, but litt... more The effects of reading habits on academic performances have been carefully investigated, but little is known about the effects of academic achievements on students’ leisure reading. This paper investigates this issue by estimating the effects of academic achievements, proxied by the number of exams passed, on leisure reading, measured by the number of leisure books read in a year. Using an online survey submitted to the students at the University of Bologna, Italy, we adopt a two‐step control‐function technique to control for endogeneity. The empirical evidence suggests the existence of a negative relationship between students’ academic achievements and the time devoted to leisure reading. This result holds for students of different fields of study and is stronger for male students. The Blinder–Oaxaca decomposition supports the existence of a gender‐specific idiosyncratic effect.

Research paper thumbnail of Gastronomic tourism efficiency frontiers: a meta-analysis

7th Conference of the International Association for Tourism Economics - IATE, 2019

Research paper thumbnail of Capitale umano e indici di lettura al tempo della crisi

Associazione Italiana Editori, 2019

Il saggio analizza il legame tra indici di lettura e tasso di crescita della produttivit\ue0 del ... more Il saggio analizza il legame tra indici di lettura e tasso di crescita della produttivit\ue0 del lavoro nelle regioni italiane, utilizzando una pluralit\ue0 di tecniche econometriche. Nel periodo analizzato, 1995-2016, si evidenzia un indebolimento del legame tra le grandezze in questione, legato alle modifiche delle abitudini di lettura e conoscenza (meno legata al tradizionale supporto cartaceo), alle conseguenze delle crisi economiche che hanno segnato il sistema economico nazionale e alle diverse, se non divergenti, traiettorie socio-economiche delle regioni italiane

Research paper thumbnail of Dataset supporting Deliverable D5.3 - part regarding prices from hotel search engines

This is the dataset supporting deliverable D5.3 - Data mining from Big Data analysis (especially ... more This is the dataset supporting deliverable D5.3 - Data mining from Big Data analysis (especially Sections 3.1, 4.1 and 5)

Research paper thumbnail of Economic value impacts on Tourism and Aquaculture (WEBINAR 25/06/2020)

Presentation at SOCLIMPACT webinar on 25/06/2019 to the online community Main topics: Tourism ove... more Presentation at SOCLIMPACT webinar on 25/06/2019 to the online community Main topics: Tourism overview Choice Experiments Tourism results Aquaculture

Research paper thumbnail of Destination image on Instagram: The case of European Islands

Presentation at the SOCLIMPACT webinar on 25/06/2020 to the online community Main topics: Introdu... more Presentation at the SOCLIMPACT webinar on 25/06/2020 to the online community Main topics: Introduction and Motivation Hypotheses Data and Methodology Results Concluding remarks

Research paper thumbnail of The Externalities between Tourists and Residents: a Study of Rimini Using Discrete Choice Models

During their holidays, tourists produce direct and indirect effects on local residents, which can... more During their holidays, tourists produce direct and indirect effects on local residents, which can either be positive or negative. In this paper we investigate how residents of Rimini, a popular Italian seaside resort hosting more than ten million national and foreign overnight stays every year, internalise such effects. We use a stated preference approach and, in particular, a discrete choice modelling technique; within this framework, we are able to test some conjectures about residents\u2019 welfare, by measuring their willingness to pay for alternative scenarios regarding the use of the territory. Tourist policies and public investments in the destination affect residents\u2019 welfare, and our results might suggest areas of potential synergies and trade-off, leading to important policy implications

Research paper thumbnail of The fine art market with counterfeited paintings. An economic exploration

The paper summarizes from an economic point of view the consequences of the introduction and of t... more The paper summarizes from an economic point of view the consequences of the introduction and of the discovery of counterfeited artworks. We develop an innovative approach based on econometric method that identifiy the development of the market in absence of the fakes discovery shock. We compare the predicted dynamics of the market in absence of shock with the actual perfomance, evaluating empirically the differences. We apply this methodology to the case of the Italian pop artist Franco Angeli

Research paper thumbnail of Estimating Tourist Externalities on Residents: A Choice Modeling Approach to the Case of Rimini

SSRN Electronic Journal, 2007

During their holidays, tourists produce direct and indirect effects on local residents, which can... more During their holidays, tourists produce direct and indirect effects on local residents, which can either be positive or negative. In this paper we investigate how residents of Rimini, a popular Italian seaside resort hosting more than ten million national and foreign overnight stays every year, internalise such effects. We use a stated preference approach and, in particular, a discrete choice modelling technique; within this framework, we are able to test some conjectures about residents' welfare, by measuring their willingness to pay for alternative scenarios regarding the use of the territory. Tourist policies and public investments in the destination affect residents' welfare, and our results might suggest areas of potential synergies and trade-off, leading to important policy implications.

Research paper thumbnail of Eco Labels and Tourism Flows: How Much is a Blue Flag Worth?

SSRN Electronic Journal, 2014

The rise in destination accessibility and the emergence of new market segments have increased the... more The rise in destination accessibility and the emergence of new market segments have increased the competition among tourism destinations, both at national and international level. In order to gain a significant competitive advantage over competitors, destinations increasingly make use of signals that certify and communicate the level of quality provided. While existing research on tourism certifications mostly pertains to quality evaluation, this study exploits quantitative methods to assess the economic impact of destinations' labels. The analysis considers one of the most popular certification of environmental quality attributed to beaches, the Blue Flag award. It explores the relationship between the certification achievement and inbound tourist flows, focusing on the Italian case study. In fact, given their aim of providing synthetized information on destinations, certification programs particularly affect foreign tourists who suffer more from asymmetric information. Panel data techniques and highly disaggregated data are employed to compare the attractiveness of certified and non-certified provinces, by controlling for several factors potentially confounding the effect of the certification.

Research paper thumbnail of Pricing Visitors’ Preferences for Temporary Art Exhibitions

SSRN Electronic Journal, 2012

This paper focuses on the initiatives that museum managers may implement to maximize the profits ... more This paper focuses on the initiatives that museum managers may implement to maximize the profits of museums located in tourist destinations and that host temporary art exhibitions. These initiatives have direct effects on visitor demand and indirect effects on the tourist destination. Classifying visitors into residents, excursionists and tourists, the authors evaluate their preferences and willingness to pay for managerial initiatives. They focus specifically on forprofit museums that host temporary exhibitions in medium and small tourist destinations. Visitor preferences are priced through discrete choice experiments submitted to a sample of (actual and potential) visitors to Castel Sismondo Museum in Rimini, Italy.

Research paper thumbnail of And suddenly, the rain! When surprises shape experienced utility

Journal of economic behavior & organization, Aug 1, 2024

Research paper thumbnail of Eco labels and tourism flows: How much is a Blue Flag worth?

Social Science Research Network, Jan 9, 2014

The rise in destination accessibility and the emergence of new market segments have increased the... more The rise in destination accessibility and the emergence of new market segments have increased the competition among tourism destinations, both at national and international level. In order to gain a significant competitive advantage over competitors, destinations increasingly make use of signals that certify and communicate the level of quality provided. While existing research on tourism certifications mostly pertains to quality evaluation, this study exploits quantitative methods to assess the economic impact of destinations' labels. The analysis considers one of the most popular certification of environmental quality attributed to beaches, the Blue Flag award. It explores the relationship between the certification achievement and inbound tourist flows, focusing on the Italian case study. In fact, given their aim of providing synthetized information on destinations, certification programs particularly affect foreign tourists who suffer more from asymmetric information. Panel data techniques and highly disaggregated data are employed to compare the attractiveness of certified and non-certified provinces, by controlling for several factors potentially confounding the effect of the certification.

Research paper thumbnail of Demand distribution dynamics in creative industries: The market for books in Italy

Information Economics and Policy, Sep 1, 2008

Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch ge... more Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden. Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen. Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. Terms of use: Documents in EconStor may be saved and copied for your personal and scholarly purposes. You are not to copy documents for public or commercial purposes, to exhibit the documents publicly, to make them publicly available on the internet, or to distribute or otherwise use the documents in public.

Research paper thumbnail of C’eravamo tanto amati? La Facoltà di Economia, sede di Rimini, e i suoi laureati

... Università di Bologna* 1. Introduzione Gli studenti, nell'attraversare gli anni universi... more ... Università di Bologna* 1. Introduzione Gli studenti, nell'attraversare gli anni universitari, vivono spesso un rapporto complesso e controverso con l'Ateneo scelto e con la città universitaria che li ospita. Anche chi studia o chi ha studiato a Rimini non fa eccezione. ...

Research paper thumbnail of Assessing visitor satisfaction with tourism rejuvenation policies: the case of Rimini, Italy

Journal of Environmental Planning and Management, Dec 11, 2008

Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch ge... more Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden. Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen. Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. Terms of use: Documents in EconStor may be saved and copied for your personal and scholarly purposes. You are not to copy documents for public or commercial purposes, to exhibit the documents publicly, to make them publicly available on the internet, or to distribute or otherwise use the documents in public.

Research paper thumbnail of The Externalities between Tourists and Residents: a Study of Rimini Using Discrete Choice Models

Edward Elgar eBooks, 2010

During their holidays, tourists produce direct and indirect effects on local residents, which can... more During their holidays, tourists produce direct and indirect effects on local residents, which can either be positive or negative. In this paper we investigate how residents of Rimini, a popular Italian seaside resort hosting more than ten million national and foreign overnight stays every year, internalise such effects. We use a stated preference approach and, in particular, a discrete choice modelling technique; within this framework, we are able to test some conjectures about residents\u2019 welfare, by measuring their willingness to pay for alternative scenarios regarding the use of the territory. Tourist policies and public investments in the destination affect residents\u2019 welfare, and our results might suggest areas of potential synergies and trade-off, leading to important policy implications

Research paper thumbnail of Le esternalità tra residenti e turisti

Research paper thumbnail of And Suddenly, the Rain! How Surprises Shape Experienced Utility

SSRN Electronic Journal

The utility associated with a service's consumption is contingent on its intrinsic characteristic... more The utility associated with a service's consumption is contingent on its intrinsic characteristics and various situational factors. One key element that influences consumer satisfaction is adherence to prior expectations. This is particularly relevant for experience goods that highly depend on external factors, such as weather. On these premises, the current study explores the role of expectations on utility by analyzing the effect of weather surprises (i.e., the mismatch between forecast and realized weather) on online ratings. Results from the analysis of over 300,000 reviews posted on Booking.com indicate that weather surprises have an impact on the reported experienced utility, the effect depending on the sign of the surprise. Moreover, the consumption span moderates the surprise effect, thereby mitigating the impact of both positive and negative surprises on utility.

Research paper thumbnail of The Impact of COVID-19 on Sports Tourism Expenditures: A Quasi-DiD Analysis

Research paper thumbnail of Good students, avid readers: The cost of academic success

Bulletin of Economic Research

The effects of reading habits on academic performances have been carefully investigated, but litt... more The effects of reading habits on academic performances have been carefully investigated, but little is known about the effects of academic achievements on students’ leisure reading. This paper investigates this issue by estimating the effects of academic achievements, proxied by the number of exams passed, on leisure reading, measured by the number of leisure books read in a year. Using an online survey submitted to the students at the University of Bologna, Italy, we adopt a two‐step control‐function technique to control for endogeneity. The empirical evidence suggests the existence of a negative relationship between students’ academic achievements and the time devoted to leisure reading. This result holds for students of different fields of study and is stronger for male students. The Blinder–Oaxaca decomposition supports the existence of a gender‐specific idiosyncratic effect.

Research paper thumbnail of Gastronomic tourism efficiency frontiers: a meta-analysis

7th Conference of the International Association for Tourism Economics - IATE, 2019

Research paper thumbnail of Capitale umano e indici di lettura al tempo della crisi

Associazione Italiana Editori, 2019

Il saggio analizza il legame tra indici di lettura e tasso di crescita della produttivit\ue0 del ... more Il saggio analizza il legame tra indici di lettura e tasso di crescita della produttivit\ue0 del lavoro nelle regioni italiane, utilizzando una pluralit\ue0 di tecniche econometriche. Nel periodo analizzato, 1995-2016, si evidenzia un indebolimento del legame tra le grandezze in questione, legato alle modifiche delle abitudini di lettura e conoscenza (meno legata al tradizionale supporto cartaceo), alle conseguenze delle crisi economiche che hanno segnato il sistema economico nazionale e alle diverse, se non divergenti, traiettorie socio-economiche delle regioni italiane

Research paper thumbnail of Dataset supporting Deliverable D5.3 - part regarding prices from hotel search engines

This is the dataset supporting deliverable D5.3 - Data mining from Big Data analysis (especially ... more This is the dataset supporting deliverable D5.3 - Data mining from Big Data analysis (especially Sections 3.1, 4.1 and 5)

Research paper thumbnail of Economic value impacts on Tourism and Aquaculture (WEBINAR 25/06/2020)

Presentation at SOCLIMPACT webinar on 25/06/2019 to the online community Main topics: Tourism ove... more Presentation at SOCLIMPACT webinar on 25/06/2019 to the online community Main topics: Tourism overview Choice Experiments Tourism results Aquaculture

Research paper thumbnail of Destination image on Instagram: The case of European Islands

Presentation at the SOCLIMPACT webinar on 25/06/2020 to the online community Main topics: Introdu... more Presentation at the SOCLIMPACT webinar on 25/06/2020 to the online community Main topics: Introduction and Motivation Hypotheses Data and Methodology Results Concluding remarks

Research paper thumbnail of The Externalities between Tourists and Residents: a Study of Rimini Using Discrete Choice Models

During their holidays, tourists produce direct and indirect effects on local residents, which can... more During their holidays, tourists produce direct and indirect effects on local residents, which can either be positive or negative. In this paper we investigate how residents of Rimini, a popular Italian seaside resort hosting more than ten million national and foreign overnight stays every year, internalise such effects. We use a stated preference approach and, in particular, a discrete choice modelling technique; within this framework, we are able to test some conjectures about residents\u2019 welfare, by measuring their willingness to pay for alternative scenarios regarding the use of the territory. Tourist policies and public investments in the destination affect residents\u2019 welfare, and our results might suggest areas of potential synergies and trade-off, leading to important policy implications

Research paper thumbnail of The fine art market with counterfeited paintings. An economic exploration

The paper summarizes from an economic point of view the consequences of the introduction and of t... more The paper summarizes from an economic point of view the consequences of the introduction and of the discovery of counterfeited artworks. We develop an innovative approach based on econometric method that identifiy the development of the market in absence of the fakes discovery shock. We compare the predicted dynamics of the market in absence of shock with the actual perfomance, evaluating empirically the differences. We apply this methodology to the case of the Italian pop artist Franco Angeli

Research paper thumbnail of Estimating Tourist Externalities on Residents: A Choice Modeling Approach to the Case of Rimini

SSRN Electronic Journal, 2007

During their holidays, tourists produce direct and indirect effects on local residents, which can... more During their holidays, tourists produce direct and indirect effects on local residents, which can either be positive or negative. In this paper we investigate how residents of Rimini, a popular Italian seaside resort hosting more than ten million national and foreign overnight stays every year, internalise such effects. We use a stated preference approach and, in particular, a discrete choice modelling technique; within this framework, we are able to test some conjectures about residents' welfare, by measuring their willingness to pay for alternative scenarios regarding the use of the territory. Tourist policies and public investments in the destination affect residents' welfare, and our results might suggest areas of potential synergies and trade-off, leading to important policy implications.

Research paper thumbnail of Eco Labels and Tourism Flows: How Much is a Blue Flag Worth?

SSRN Electronic Journal, 2014

The rise in destination accessibility and the emergence of new market segments have increased the... more The rise in destination accessibility and the emergence of new market segments have increased the competition among tourism destinations, both at national and international level. In order to gain a significant competitive advantage over competitors, destinations increasingly make use of signals that certify and communicate the level of quality provided. While existing research on tourism certifications mostly pertains to quality evaluation, this study exploits quantitative methods to assess the economic impact of destinations' labels. The analysis considers one of the most popular certification of environmental quality attributed to beaches, the Blue Flag award. It explores the relationship between the certification achievement and inbound tourist flows, focusing on the Italian case study. In fact, given their aim of providing synthetized information on destinations, certification programs particularly affect foreign tourists who suffer more from asymmetric information. Panel data techniques and highly disaggregated data are employed to compare the attractiveness of certified and non-certified provinces, by controlling for several factors potentially confounding the effect of the certification.

Research paper thumbnail of Pricing Visitors’ Preferences for Temporary Art Exhibitions

SSRN Electronic Journal, 2012

This paper focuses on the initiatives that museum managers may implement to maximize the profits ... more This paper focuses on the initiatives that museum managers may implement to maximize the profits of museums located in tourist destinations and that host temporary art exhibitions. These initiatives have direct effects on visitor demand and indirect effects on the tourist destination. Classifying visitors into residents, excursionists and tourists, the authors evaluate their preferences and willingness to pay for managerial initiatives. They focus specifically on forprofit museums that host temporary exhibitions in medium and small tourist destinations. Visitor preferences are priced through discrete choice experiments submitted to a sample of (actual and potential) visitors to Castel Sismondo Museum in Rimini, Italy.

Research paper thumbnail of And suddenly, the rain! When surprises shape experienced utility

Journal of economic behavior & organization, Aug 1, 2024