International Tourism in Italy (1997-2012)

45 Pages Posted: 14 Oct 2014

Date Written: July 23, 2014

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 percent 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 percent in 1997 to 3.7 percent 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.

Keywords: international tourism expenditure, market shares, sample surveys

JEL Classification: F14, L83

Suggested Citation

Alivernini, Andrea and Breda, Emanuele and Iannario, Eva, International Tourism in Italy (1997-2012) (July 23, 2014). Bank of Italy Occasional Paper No. 220, Available at SSRN: https://ssrn.com/abstract=2509787 or http://dx.doi.org/10.2139/ssrn.2509787

Andrea Alivernini

Bank of Italy ( email )

Via Nazionale 91
Rome, 00184
Italy

Emanuele Breda (Contact Author)

Bank of Italy ( email )

Via Nazionale 91
Rome, 00184
Italy

Eva Iannario

Bank of Italy ( email )

Via Nazionale 91
Rome, 00184
Italy

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