Immigration and Virologic Hysteria

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Economic losses in tourism during the COVID-19 pandemic. The case of Sorrento

The tourism sector is facing its most severe crisis under the COVID-19 pandemic. Social distancing measures, global travel restrictions, stay-athome orders, and other lockdown measures brought tourism to a halt in 2020. We estimate the potential economic losses thereof in terms of added value and number of tourists by nationality. By using the city of Sorrento as prominent and representative case study, we implement time-series analysis with autoregressive-integrated moving average models on monthly data from January 2013 to December 2019. We thus forecast the loss of tourists and added value in 2020. The results reveal that the pandemic has significantly affected the tourism sector, the added value of tourism in Sorrento might decrease by over 70%, and tourist arrivals might similarly fall or even reach zero foreign arrivals. The local government should reassess the sustainability of tourism proposals by factoring in the lack of tourist arrivals and focusing on loyal tourists and proximity tourists, two fundamental target audiences

DIPENDENZA SPAZIALE CONTEMPORANEA E NON CONTEMPORANEA NEI TASSI DI DISOCCUPAZIONE: UN TENTATIVO DI ANALISI EMPIRICA DEI DATI PROVINCIALI ITALIANI

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A long-term analysis of efficiency in the Italian banking system from 1861 to 2010

In this paper, we analyse the performance of the Italian banking system in the 1861–2010 period. In this regard, we apply a stochastic frontier analysis cum ARDL procedure. First, we implement stochastic frontier analysis to the cost function of the Italian banking system in order to identify the years in which the banking system allocated its resources most efficiently. To this end, we propose a version of the stochastic frontier in which the inefficiency term is modelled as a linear function of the capital ratio and of the non-core ratio. The underlying hypothesis is that the efficiency of the banking system is guided by its degree of solvency and stability (capital ratio and non-core ratio, respectively). Finally, in order to verify the existence and stability of a long-term relationship between banking efficiency and capital ratio and non-core-ratio, we implement ARDL estimation. In so doing, we verify whether solvency and stability are two important factors in determining the efficiency of the Italian banking system in the long run. We show that the efficiency of the banking system is influenced negatively by the non-core ratio and positively by the capital ratio, respectively. Finally, only the non-core ratio influences the efficiency of the Italian banking system in the long run

Laws for the Right to Work of Disabled People: The Italian Experience

This scholarly handbook covers all aspects of people with disabilities entering the workplace, including the legal aspects, transitions, types, and levels of employments, the impact of different disabilities, and the consideration of the intersection of disability with other identities such as gender and ethnicity. Comprehensive in scope, chapters look beyond organizational strategies that accommodate an employee’s disability and use case studies to highlight important issues and the individual’s perspective. The handbook concludes with a reflection on the work included in the book, what was not included and why, and makes recommendations for future disability research. Marking a major contribution to the study of workplace diversity and bringing together academics from various disciplines and global regions, this handbook covers a truly broad and diverse mix of approaches, theories, and models

Campania and cancer mortality: An inseparable pair? The role of environmental quality and socio-economic deprivation

The region of Campania in Southern Italy features high levels of socio-economic deprivation and low levels of environmental quality. A vast strand of the scientific literature has tried to verify whether poor environmental quality and widespread socio-economic deprivation might explain the high cancer mortality rates (CMRs) observed, especially in the municipalities – infamously labelled as the ‘Land of Fires’ – that were hit most severely by the crisis. While some studies managed to identify links between these two confounding factors and cancer mortality, the evidence is overall mixed. Interesting information may be drawn from the observation of municipal data: in spite of previous claims, some municipalities featuring high environmental quality and low socio-economic deprivation also display high CMRs, while other Campanian municipalities facing disastrous environmental and socio-economic conditions are characterised by low CMRs. These figures, in contrast to common sentiment and previous studies, need to be investigated thoroughly in order to assess the exact role of the confounding factors. In this work, we aim to identify the municipalities where confounding factors act as driving forces in the determination of high CMRs through an original multi-step analysis based on frequentist and Bayesian analysis. Pinpointing these municipalities could allow policymakers to design targeted and effective policy measures aimed at reducing cancer mortality

Disinflation costs in China and monetary policy regimes

This paper investigates the real effects of a disinflationary policy in China, in which we conduct a disinflation experiment in a medium-scale New Keynesian model. We highlight two key features of China's economy: the relevance of money to monetary policy rules and household inequality. For the former, we consider two monetary policy regimes: an expanded Taylor rule with money and a money supply rule. For the latter, we take into account a share of the population that is limited in its ability to participate in assets markets. Our analysis suggests that a disinflation policy is more costly when the central bank controls the money supply than the case in which the nominal interest rate is the policy instrument. Our results are driven by the different impacts of disinflation on nominal and real interest rates under the two regimes

Sustainability of Italian families' food practices: Mediterranean diet adherence combined with organic and local food consumption

The present research intends to contribute to the literature on sustainable food consumption by investigating the present-day dietary patterns of Italian households to assess the degree of adherence to the Mediterranean diet together with the level of organic and local food consumption. The analysis is based on data from the Italian National Institute of Statistics survey “Aspects of Daily Life” for the year 2014; this is a Multipurpose Survey conducted in Italy with 44,984 individuals across 18,864 households. A Heckman two-step probit model was implemented to estimate equations to assess the impact of Italian household composition and adherence to the Mediterranean diet upon organic and local food consumption. The study's findings show that both those households with children and those with a higher degree of adherence to the Mediterranean diet have higher probabilities of buying both organic and local products, while increasing household size reduces the likelihood of buying local products. Furthermore, good economic status and a higher level of education increase the probability of consuming organic food. Some of the differences highlighted are of low amplitude; however, these results offer novel and original insights for Italy and support the need to for both policy makers and marketers to implement a wide range of initiatives aimed at educating consumers about, and facilitating access to sustainable food products

Effectiveness and efficiency of European Regional Development Fund on separate waste collection: evidence from Italian regions by a stochastic frontier approach

Abstract The purpose of the present paper is to analyze the results of the impact of European Regional Development Fund (ERDF) in Convergence regions over the 2007–2013 on separate collection rate of Italian regions. The aim is twofold: propose a groundbreaking analysis that allows us to control both for the effectiveness of the Regulation (EC) No. 1080/2006, by a Difference in differences equation (DID), and the Regions' efficiency in the separate collection process, by a stochastic frontier analysis (SFA). Specifically, the SFA allows us to model the DID equation in order to take account the regions' efficiency in the separate collection process in terms of institutional quality. In particular, we use a panel with two dimensions: temporal—9 yearly observations from 2004 to 2012; and cross-sectional—20 regions. The estimates suggest that ERDF have not contributed to reducing the structural divide in Italy and its managerial slack has triggered in the failure of the convergence objective. Policy implications are discussed

Does national environmental regulation promote convergence in separate waste collection? Evidence from Italy

In the European Union, which is increasingly oriented towards environmentally sustainable development, separate waste collection plays a crucial role. Over the years, the EU has produced several guidelines, programmes and directives aimed to build a green society and tone down the differences between, as well as within, Member States. In Italy, the waste management system is currently regulated by Legislative Decree 152/2006, through which European directives have been incorporated into the Italian law. The existing literature has focused on the effects of L.D. 152/2006 on Separate Waste Collection (SWC) rates; however, there are not previous studies on the effects of this decree on growth rates and on convergence process among regions in terms of SWC and its items (i.e., organic, plastic, paper, and glass). This paper aims to fill these gaps. For this purpose, we implement b- and s-convergence analysis based on Generalised Method of Moments (GMM) on official Italian regional data over the period 2001e2018. Results show that Legislative Decree 152/2006 has two contrasting effects: on the one hand, it helped increase separate waste collection; on the other hand, it slowed down the convergence process in terms of separate waste collection among the Italian regions. However, the convergence process is characterised by different speeds across Italian macro-areas (Northern, Central, and Southern Italy), highlighting a three-speed country. To foster convergence, the national legislation should consider regional differences in terms of economic, infrastructural, institutional, social, and demographic characteristics