Pregled bibliografske jedinice broj: 1111502
Do small public grants boost tourism firms’ performance?
Do small public grants boost tourism firms’ performance? // Tourism economics, 28 (2022), 6; 1435-1452 doi:10.1177/1354816621994436 (međunarodna recenzija, članak, znanstveni)
CROSBI ID: 1111502 Za ispravke kontaktirajte CROSBI podršku putem web obrasca
Naslov
Do small public grants boost tourism firms’
performance?
Autori
Srhoj, Stjepan ; Vitezić, Vanja ; Walde, Janette
Izvornik
Tourism economics (1354-8166) 28
(2022), 6;
1435-1452
Vrsta, podvrsta i kategorija rada
Radovi u časopisima, članak, znanstveni
Ključne riječi
firm growth ; impact evaluation ; public grants ; subsidies ; tourism firms
Sažetak
This study provides new evidence on the impact of tourism grants for service-standard improvement on tourism firm performance. Small matching grants provided to firms in two economically different regions are considered. We study additionality caused by the grants in the performance indicators of firms while taking into account regional heterogeneity and differing tourism demand. In the context of tourism firms in Croatia, we estimate the causal effect via a matching difference-in- differences estimator. We find a positive effect on tourism firm sales, value-added, capital, and labor in the region with higher tourism demand but not in the one with lower tourism demand. A cost– benefit analysis suggests that, in more developed regions, the benefits of the grant scheme for tourism outweigh the grant’s direct costs.
Izvorni jezik
Engleski
Znanstvena područja
Ekonomija
POVEZANOST RADA
Ustanove:
Fakultet za menadžment u turizmu i ugostiteljstvu, Opatija,
Sveučilište u Dubrovniku
Citiraj ovu publikaciju:
Časopis indeksira:
- Current Contents Connect (CCC)
- Web of Science Core Collection (WoSCC)
- Social Science Citation Index (SSCI)
- SCI-EXP, SSCI i/ili A&HCI
- Scopus