Open Access Open Access  Restricted Access Subscription or Fee Access

An Econometric Analysis of Climate Change Impacts on Tourism Flows: An empirical Evidence from the Region of Tuscany, Italy

Paulo A.L.D. Nunes, Mattia Cai, Roberto Ferrise, Marco Moriondo, Bindi Marco

Abstract


This paper contributes to the study of climate change impacts on tourism by exploring how flows of visitors to Tuscany, which counts for more than 45 million of presences a year. Our estimation results show that under the A1B IPCC scenario, by 2050 we shall be assisting to a decrease in the annual tourism flows to Tuscany between 13.2% and 16.5%, with a maximum ranging up to 22% in the eastern hilly areas of Tuscany and the south of the region. This is equivalent to a loss of 2.9 million US dollars today, which corresponds to 6.2% of the total expenditures in Italy by arrivals. We can interpret these results has signaling the need to study alternative mitigation and adaptation policies and this way reduce such potential welfare loss to the region of Tuscany.

Keywords


Domestic tourists flows, international tourists flows, Tuscany, climate change, spatial econometric model, demand elasticity.

Full Text:

PDF

Refbacks

  • There are currently no refbacks.


Disclaimer/Regarding indexing issue:

We have provided the online access of all issues and papers to the indexing agencies (as given on journal web site). It’s depend on indexing agencies when, how and what manner they can index or not. Hence, we like to inform that on the basis of earlier indexing, we can’t predict the today or future indexing policy of third party (i.e. indexing agencies) as they have right to discontinue any journal at any time without prior information to the journal. So, please neither sends any question nor expects any answer from us on the behalf of third party i.e. indexing agencies.Hence, we will not issue any certificate or letter for indexing issue. Our role is just to provide the online access to them. So we do properly this and one can visit indexing agencies website to get the authentic information.