ABSTRACT

The study explores the geographical pattern of the accommodation industry in the Italian insular region of Sicily, focusing on the determinants of the risk of market exit. We adopt a standard framework of business survival analysis where agglomeration economies play an important role. We then extend the analysis by considering the role of geography to explore whether the risk of market exit depends on nearness to desirable amenities. The geography is here measured by the distance from the coast and the altitude of the place where the firm is located. When we look at the entire population of accommodation firms that started between 2010 and 2014, we find evidence that the risk of failure increases for those which are over 2 km from the coast.

摘要

这项研究探讨了意大利西西里岛岛地区住宿业的地理格局，重点是市场退出风险的决定因素。我们采用了企业生存分析的标准框架，其中集聚经济发挥了重要作用。然后，我们通过考虑地理位置的作用来扩展分析，以探索市场退出的风险是否取决于对理想设施的接近程度。这里的地理位置是通过距海岸的距离和公司所在地的海拔高度来衡量的。当我们查看从2010年到2014年开始的住宿公司的总数时，我们发现有证据表明，距离海岸超过2公里的住宿公司的失败风险会增加。