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Agritourism flows to Italy: an analysis of determinants using the gravity model approach

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  • Santeramo, Fabio G.
  • Seccia, Antonio
  • De Blasi, Giuseppe
  • Carlucci, Domenico

Abstract

Tourism represents one of the most important income sources for Italy. In recent years, apart from “traditional” destinations, tourism supply is widely changing in order to satisfy the customers “love for variety” and valorise marginal resources, then new formulas are emerging (e.g. agritourism). This work aims to elaborate and estimate an econometric model able to adequately explain the size of agritourists flows to Italy from main partner countries using the gravity model approach that has been broadly applied to the analysis of international flows. In this work, the “basic” model has been enlarged and improved with the introduction of other explicative variables. The results has allowed to confirm empirical validity of the gravity model in studying international flows of any nature. Furthermore, the estimated econometric model represents a useful analytical instrument to describe, and, eventually, predict demand of foreign visitors for agritourist vacations in Italy.

Suggested Citation

  • Santeramo, Fabio G. & Seccia, Antonio & De Blasi, Giuseppe & Carlucci, Domenico, 2008. "Agritourism flows to Italy: an analysis of determinants using the gravity model approach," 107th Seminar, January 30-February 1, 2008, Sevilla, Spain 6623, European Association of Agricultural Economists.
    • Handle: RePEc:ags:eaa107:6623
    DOI: 10.22004/ag.econ.6623
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    References listed on IDEAS

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    1. Martinez-Zarzoso, Inmaculada & Nowak-Lehmann, Felicitas, 2003. "Augmented Gravity Model: An Empirical Application to Mercosur-European Union Trade Flows," Journal of Applied Economics, Universidad del CEMA, vol. 6(2), pages 1-26, November.
    2. Paul Brenton & Francesca Di Mauro & Matthias Lücke, 2014. "Economic Integration and FDI: An Empirical Analysis off Foreign Investment in the EU and in Central and Eastern Europe," World Scientific Book Chapters, in: INTERNATIONAL TRADE, DISTRIBUTION AND DEVELOPMENT Empirical Studies of Trade Policies, chapter 7, pages 125-151, World Scientific Publishing Co. Pte. Ltd..
    3. Inmaculada Martínez-Zarzoso & Felicitas Nowak-Lehmann D., 2003. "Augmented gravity model: An empirical application to Mercosur- European trade flows," International Trade 0309019, University Library of Munich, Germany.
    4. Bergstrand, Jeffrey H, 1989. "The Generalized Gravity Equation, Monopolistic Competition, and the Factor-Proportions Theory in International Trade," The Review of Economics and Statistics, MIT Press, vol. 71(1), pages 143-153, February.
    5. Anderson, James E, 1979. "A Theoretical Foundation for the Gravity Equation," American Economic Review, American Economic Association, vol. 69(1), pages 106-116, March.
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    Cited by:

    1. Fabio Gaetano Santeramo, 2015. "Research Note: Promoting the International Demand for Agritourism: Empirical Evidence from a Dynamic Panel Data Model," Tourism Economics, , vol. 21(4), pages 907-916, August.
    2. Massidda, Carla & Etzo, Ivan, 2010. "Domestic tourism demand in Italy: a Fixed Effect Vector Decomposition estimation," MPRA Paper 26073, University Library of Munich, Germany.
    3. Elbek Togaymurodov & Michał Roman & Piotr Prus, 2023. "Opportunities and Directions of Development of Agritourism: Evidence from Samarkand Region," Sustainability, MDPI, vol. 15(2), pages 1-12, January.
    4. 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.
    5. 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.

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