IDEAS home Printed from https://ideas.repec.org/a/gam/jagris/v13y2023i11p2130-d1278325.html
   My bibliography  Save this article

Long-Term Survival of Investments Implemented under Endogenous Rural Development Programs: The Case Study of La Vera Region (Extremadura, Spain)

Author

Listed:
  • Francisco Javier Castellano-Álvarez

    (Economy Department, University of Extremadura, 10071 Cáceres, Spain)

  • Rafael Robina-Ramírez

    (Business Management and Sociology Department, University of Extremadura, 10071 Cáceres, Spain)

Abstract

One of the main objectives of rural development programs is the economic diversification of rural areas. In the context of the European Union, the application of the Leader Initiative (referred to today as the Leader Approach) is perhaps the best example of this type of policy. Based on the case study methodology, the objective of this work is to analyze the viability of the projects promoted by this type of program. A long-term scenario is taken as a reference, and this is precisely one of the main methodological innovations of this research in relation to most of the analyses focused on the impacts of rural development programs. The results of the research show (a) an orientation of the development strategy towards the promotion of rural tourism and (b) differences in the survival of the projects according to the type of productive measure under which they have been implemented: agricultural valorization and marketing projects offer better results than those promoting rural tourism or the promotion of SMEs and crafts and services. These results call into question the notable concentration of investment in projects aimed at creating tourist accommodation.

Suggested Citation

  • Francisco Javier Castellano-Álvarez & Rafael Robina-Ramírez, 2023. "Long-Term Survival of Investments Implemented under Endogenous Rural Development Programs: The Case Study of La Vera Region (Extremadura, Spain)," Agriculture, MDPI, vol. 13(11), pages 1-16, November.
  • Handle: RePEc:gam:jagris:v:13:y:2023:i:11:p:2130-:d:1278325
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2077-0472/13/11/2130/pdf
    Download Restriction: no

    File URL: https://www.mdpi.com/2077-0472/13/11/2130/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Iulia C. Muresan & Rezhen Harun & Felix H. Arion & Camelia F. Oroian & Diana E. Dumitras & Valentin C. Mihai & Marioara Ilea & Daniel I. Chiciudean & Iulia D. Gliga & Gabriela O. Chiciudean, 2019. "Residents’ Perception of Destination Quality: Key Factors for Sustainable Rural Development," Sustainability, MDPI, vol. 11(9), pages 1-21, May.
    2. Gatti, Silvia & Incerti, Fabrizio & Ravagli, Mirko, 2002. "Wine and tourism: new perspectives for vineyard areas in Emilia-Romagna," Cahiers d'Economie et de Sociologie Rurales (CESR), Institut National de la Recherche Agronomique (INRA), vol. 62.
    3. Helena Marques, 2006. "Research Report: Searching for Complementarities between Agriculture and Tourism — The Demarcated Wine-Producing Regions of Northern Portugal," Tourism Economics, , vol. 12(1), pages 147-155, March.
    4. Brankov Jovana & Glavonjić Tamara Jojić & Pešić Ana Milanović & Petrović Marko D. & Tretiakova Tatiana N., 2019. "Residents’ Perceptions of Tourism Impact on Community in National Parks in Serbia," European Countryside, Sciendo, vol. 11(1), pages 124-142, March.
    5. Francisco Javier Castellano-Álvarez & Rafael Robina Ramírez & Ana Nieto Masot, 2023. "Tourism Development in the Framework of Endogenous Rural Development Programmes—Comparison of the Case Studies of the Regions of La Vera and Tajo-Salor (Extremadura, Spain)," Agriculture, MDPI, vol. 13(3), pages 1-28, March.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Francisco J. Castellano-Álvarez & Ana Nieto Masot & José Castro-Serrano, 2020. "Intangibles of Rural Development. The Case Study of La Vera (Extremadura, Spain)," Land, MDPI, vol. 9(6), pages 1-18, June.
    2. Francisco Javier Castellano-Álvarez & Rafael Robina Ramírez & Ana Nieto Masot, 2023. "Tourism Development in the Framework of Endogenous Rural Development Programmes—Comparison of the Case Studies of the Regions of La Vera and Tajo-Salor (Extremadura, Spain)," Agriculture, MDPI, vol. 13(3), pages 1-28, March.
    3. Giorgi Gogitidze & Nana Nadareishvili & Rezhen Harun & Iulia D. Arion & Iulia C. Muresan, 2022. "Exploring Residents’ Perceptions towards Tourism Development—A Case Study of the Adjara Mountain Area," Sustainability, MDPI, vol. 15(1), pages 1-18, December.
    4. Yung-Lun Liu & Jui-Te Chiang & Pen-Fa Ko, 2023. "The benefits of tourism for rural community development," Palgrave Communications, Palgrave Macmillan, vol. 10(1), pages 1-12, December.
    5. Jean-Marc Callois, 2006. "Quality labels and rural development : a new economic geography approach," Post-Print hal-01201116, HAL.
    6. Kai Wang & Menghan Wang & Chang Gan & Mihai Voda, 2019. "Residents’ Diachronic Perception of the Impacts of Ecological Resettlement in a World Heritage Site," IJERPH, MDPI, vol. 16(19), pages 1-17, September.
    7. Ana Nieto Masot & Gema Cárdenas Alonso & Luis Manuel Costa Moreno, 2019. "Principal Component Analysis of the LEADER Approach (2007–2013) in South Western Europe (Extremadura and Alentejo)," Sustainability, MDPI, vol. 11(15), pages 1-15, July.
    8. Jean-Marc Callois, 2006. "Quality labels and rural development : a new economic geography approach," Cahiers d'Economie et Sociologie Rurales, INRA Department of Economics, vol. 78, pages 31-51.
    9. Michał Roman & Piotr Grudzień, 2021. "The Essence of Agritourism and Its Profitability during the Coronavirus (COVID-19) Pandemic," Agriculture, MDPI, vol. 11(5), pages 1-25, May.
    10. Despina Saghin & Luminița-Mirela Lăzărescu & Liliana Daniela Diacon & Maria Grosu, 2022. "Residents’ Perceptions of Tourism: A Decisive Variable in Stimulating Entrepreneurial Intentions and Activities in Tourism in the Mountainous Rural Area of the North-East Region of Romania," Sustainability, MDPI, vol. 14(16), pages 1-30, August.
    11. Tiantian (Tiana) Shi & Biao He & Jun (Justin) Li, 2019. "Exotic or Home? Tourists’ Perception of Guest Houses, Guest Houses Loyalty, and Destination Loyalty in Remote Tourist Destinations," Sustainability, MDPI, vol. 11(14), pages 1-16, July.
    12. Feher, Andrea & Stanciu, Sorin & Iancu, Tiberiu & Adamov, Tabita Cornelia & Ciolac, Ramona Mariana & Pascalau, Raul & Banes, Adrian & Raicov, Miroslav & Gosa, Vasile, 2022. "Design of the macroeconomic evolution of Romania's agriculture 2020–2040," Land Use Policy, Elsevier, vol. 112(C).
    13. Elsie Nasr & Okechukwu Lawrence Emeagwali & Hasan Yousef Aljuhmani & Souha Al-Geitany, 2022. "Destination Social Responsibility and Residents’ Environmentally Responsible Behavior: Assessing the Mediating Role of Community Attachment and Involvement," Sustainability, MDPI, vol. 14(21), pages 1-26, October.
    14. Helena Marques, 2006. "Research Report: Searching for Complementarities between Agriculture and Tourism — The Demarcated Wine-Producing Regions of Northern Portugal," Tourism Economics, , vol. 12(1), pages 147-155, March.
    15. Callois, Jean-Marc, 2006. "Quality labels and rural development : a new economic geography approach," Cahiers d'Economie et de Sociologie Rurales (CESR), Institut National de la Recherche Agronomique (INRA), vol. 78.
    16. Malay Sarker, 2021. "Threats and Opportunities of Farmers and Development of Agro-tourism in Bangladesh," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 5(07), pages 607-611, July.
    17. Daniel Ioan Chiciudean & Rezhen Harun & Iulia Cristina Muresan & Felix Horatiu Arion & Gabriela Ofelia Chiciudean, 2021. "Rural Community-Perceived Benefits of a Music Festival," Societies, MDPI, vol. 11(2), pages 1-13, June.
    18. Ovidiu R. Ciascai & Ștefan Dezsi & Karina A. Rus, 2022. "Cycling Tourism: A Literature Review to Assess Implications, Multiple Impacts, Vulnerabilities, and Future Perspectives," Sustainability, MDPI, vol. 14(15), pages 1-18, July.
    19. Saif Ullah & Ali Abid & Waqas Aslam & Rana Shahzad Noor & Muhammad Mohsin Waqas & Tian Gang, 2021. "Predicting Behavioral Intention of Rural Inhabitants toward Economic Incentive for Deforestation in Gilgit-Baltistan, Pakistan," Sustainability, MDPI, vol. 13(2), pages 1-17, January.
    20. Arkadiusz Sadowski & Monika Małgorzata Wojcieszak, 2019. "Geographic differentiation of agritourism activities in Poland vs. cultural and natural attractiveness of destinations at district level," PLOS ONE, Public Library of Science, vol. 14(9), pages 1-22, September.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jagris:v:13:y:2023:i:11:p:2130-:d:1278325. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.