Tag: R10

DRAWING AN INDICATOR OF TOURISM COMPETITIVENESS AND EXAMINING ITS RELATIONSHIP WITH TOURISM SEASONALITY FOR THE GREEK PREFECTURES

Thomas KRABOKOUKIS

Researcher, Department of Planning and Regional Development, University of Thessaly, Pedion Areos, Volos, 38334, Greece

tkrabokoukis@uth.gr

Serafeim POLYZOS

Professor, Department of Planning and Regional Development, University of Thessaly, Pedion Areos, Volos, 38334, Greece

spolyzos@uth.gr

Abstract

Within the context that tourism competitiveness is a complex concept, this article proposes a conceptual framework and uses Pena’s P2 distance synthetic index (DP2) to classify the Greek prefectures according to their competitiveness. This paper aims to define the potentials of Greek prefectures through the tourism competitiveness index. Additionally, examines the relationship between tourism competitiveness and tourism seasonality which is a significant phenomenon that affects tourism every destination globally. The study utilizes a total of 66 variables, and the data were processed using the Package ‘p2distance’ in R Studio. The analysis reveals four groups according to their values in the tourism competitiveness index (DP2) and tourism seasonality (RSI). In these four groups, tourism carrying capacity and tourism saturation indexes from previous studies are also presented in the last section. Overall, the analysis supports multidisciplinary and synthetic research in the modeling of tourism research and promotes the DP2 synthetic index in the study of tourism competitiveness. The overall analysis can propose a tool for tourism management and regional policy, as these are complex concepts. The proposed approach advances the DP2 index as a quantitative measure for tourism competitiveness and compares the results with tourism seasonality

Keywords: tourism competitiveness, tourism attractiveness, tourism seasonality, regional and tourism development, DP2 synthetic index

JEL classification: R10, R11, R58, C43, Z32

 pp. 55-70

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EMPLOYMENT IMPACT OF FIRMS’ INNOVATION: WHAT IS THE ROLE OF REGIONAL INSTITUTIONS? EVIDENCE FROM ITALY

Luca VOTA

Ph.D student, Department of Economics and Statistics (DISES) of the University of Salerno, Italy

lvota@unisa.it

Abstract

Employment effect of firms’ innovation is a widely studied topic at both cross-country and national level, while still few contributions deals with the local dimension. Moreover, the role of the institutional factors is still unexplored. In this manuscript, the author estimates the impact of private firms’ R&D spending, institutional quality and their interaction on the employment rate of the Italian regions. To accomplish his task, the author proposes two dynamic panel models and computes them through the Ordinary Least Squares (OLS), Fixed effects (FE) and System Generalized Method of Moments (GMM-SYS) regression tecniques. The obtained results suggest that the employment impact of firms’ innovation is negative, while the ability of the regional institutions to attract, support and cooperate with the innovative companies and the R&D investment programs jointly financed by regional governments and private firms positively affect the employment rate. The author has deduced appropriate policy implications from the provided evidence.

Keywords: Employment impact of firms’ innovation, R&D activity, Regional Economics

JEL classification: O30,R10, R11

 pp. 11-24

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INCREASING FUNDING FOR THE REGIONAL INDUSTRY OF KOSOVO AND THE IMPACT ON ECONOMIC GROWTH

Filipos RUXHO

Prof. Ass. Dr., Vice President for Innovation and External Relations, Universum College, Kosovo

filip.ruxho@universum-ks.org

Christos Ap. LADIAS

Professor, Regional Science Inquiry  Journal, Hellenic Association of Regional Scientists

ladias@rsijournal.eu

Abstract

All research so far, related to financing the needs of SMEs in Kosovo, show that financing remains among the main problems for starting the growth and development of the country’s economy, especially for regional small and medium-sized manufacturing enterprises. This phenomenon has created negative consequences in the growth and development of businesses in general, as well as the growth of investment activities in particular. Despite the fact that SMEs affect the generation of new jobs, poverty reduction and economic growth, SMEs in Kosovo still face various and serious challenges in business development. Among other difficulties, there is access to finance, as well as the possibility of investing from external sources, as internal sources of funding are always insufficient. Due to the strategic importance of the manufacturing industry sector in the economy of a country and knowing that for each job contributes 2.3 new jobs in the total economy, we have selected this research which also corresponds to objective 9 of sustainable development and specifically target 9.3 that promotes increased access of small industrial enterprises and other enterprises, especially in developing countries, to financial services, including affordable loans, and their integration into value chains and markets. Referring to this importance, we conducted research in 103 Kosovo regional manufacturing companies in various sectors. The survey was structured with 16 questions which will be presented in detail in this research and which confirm that the increase of financing in the productive sector contributes to the sustainable economic development of Kosovo and to the reduction of unemployment.

Keywords: Financing, Sustainable Development, SMEs, Regional Industry, target

JEL classification: A10, E43, F65, F66, H60, L60, M10, R10

 pp. 117-126

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