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International tourism in Italy (1997-2012)

Author

Listed:
  • Andrea Alivernini

    (Bank of Italy)

  • Emanuele Breda

    (Bank of Italy)

  • Eva Iannario

    (Bank of Italy)

Abstract

The Bank of Italy conducts a sample survey on international tourism at the country�s main border crossings for balance-of-payments and analysis purposes. Each year a sample of international travellers (both foreigners in Italy and Italians abroad) who have crossed Italy�s borders is interviewed; counting operations are carried out in order to determine the size of the reference population. Between 1997 and 2012 international tourism produced a surplus in Italy�s balance of payments. Nonetheless, the tourism balance fell from 1.1 to 0.6 per cent of GDP, mainly due to the fall in real terms of foreigners� expenditure in Italy, whereas expenditure by Italians abroad remained practically unchanged as a share of GDP. As a result, the market share of Italian receipts decreased from 6.8 per cent in 1997 to 3.7 per cent in 2012. During the first years of the recent crisis, Italian international tourism receipts fell at a slower pace than those of its two main European competitors, France and Spain; but in 2011-12 their recovery was faster.

Suggested Citation

  • Andrea Alivernini & Emanuele Breda & Eva Iannario, 2014. "International tourism in Italy (1997-2012)," Questioni di Economia e Finanza (Occasional Papers) 220, Bank of Italy, Economic Research and International Relations Area.
    • Handle: RePEc:bdi:opques:qef_220_14
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    File URL: https://www.bancaditalia.it/pubblicazioni/qef/2014-0220/220.pdf
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    Citations

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    Cited by:

    1. Elisabetta Ventisette, 2019. "Means of transport of foreign tourists in Italy and the tourism balance of payments," Tourism and Hospitality Management, University of Rijeka, Faculty of Tourism and Hospitality Management, vol. 25(2), pages 247-267, December.
    2. Castellano, Rosalia & Chelli, Francesco M. & Ciommi, Mariateresa & Musella, Gaetano & Punzo, Gennaro & Salvati, Luca, 2020. "Trahit sua quemque voluptas. The multidimensional satisfaction of foreign tourists visiting Italy," Socio-Economic Planning Sciences, Elsevier, vol. 70(C).
    3. Alderighi, Marco & Gaggero, Alberto A., 2019. "Flight availability and international tourism flows," Annals of Tourism Research, Elsevier, vol. 79(C).
    4. Emanuele Breda & Giacomo Oddo, 2019. "The determinants of foreign tourism demand: separating elasticities for the extensive and the intensive margin," Questioni di Economia e Finanza (Occasional Papers) 482, Bank of Italy, Economic Research and International Relations Area.

    More about this item

    Keywords

    international tourism expenditure; market shares; sample surveys;
    All these keywords.

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism

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