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AbstractThe purpose of the present work is to analyze whether—and to what extent—tourism activity affects urban house price dynamics in Italy. Using a system Generalized Method of Moments (GMM‐SYS) approach and after controlling for socioeconomic characteristics of the local housing markets as well as amenities and disamenities, we test for the effect of tourism by employing a composite index that enables us to capture the complexity of the tourism market. Data consist of yearly observations on the average house prices of 103 Italian cities over the period of 1996–2007. The results confirmed by several robustness checks demonstrate that tourism activity positively affects house prices. In addition, this work provides several first hints that this relationship might not be the same for all types of cities; hence, further developments of the present work should proceed in the direction of searching for different potential regimes through the use of mixture models.

This book focuses on the latest advances and challenges in interregional migration research. Given the increase in the availability of "big data" at a finer spatial scale, the book discusses the resulting new challenges for researchers in interregional migration, especially for regional scientists, and the theoretical and empirical advances that have been made possible. In presenting these findings, it also sheds light on the different migration drivers and patterns in the developed and developing world by comparing different regions around the globe. The book updates and revisits the main academic debates in interregional migration, and presents new emerging lines of investigation and a forward-looking research agenda

In the present study we analyze the relationship between tourism and human development for a selection of 63 countries from 1996 to 2008. Findings confirm that, on average, tourism is positively associated with human development. By decomposing the effect of tourism on each human development indicator, we find that literacy rate appears to be the most affected. This result suggests that the impact of tourism in the host country is much broader respect to the purely economic effect. Furthermore, it suggests the need of further investigating the relationship between human development and tourism.

The analysis of the relationship between tourism and human development points to a positive link between these activities, basically by means of the improvement of economic conditions. In the present study we analyze whether and to what extent this relationship remains positive under different circumstances. We examine a selection of 63 countries from 1996 to 2008 and consider the Human Development Index plus a composite indicator of the tourism market as a whole. Findings confirm that, on average, tourism is positively associated with human development, particularly.