We evaluate whether the adoption of a well‐known transition management instrument in the tourism industry can support simultaneously economic growth as well as sustainability. We create a detailed dataset at the municipality level and use a recently developed policy evaluation technique to investigate the causal impact of the Blue Flag program on the local economies. Estimates show that this eco‐label is not effective at enhancing the local economy; findings are homogeneous across destinations. This empirical result is in line with the recent theoretical literature arguing that a single policy does not suffice for transiting towards a sustainable economy.

Are eco-labels good for the local economy? / Bernini, Cristina; Cerqua, Augusto. - In: PAPERS IN REGIONAL SCIENCE. - ISSN 1056-8190. - (2019). [10.1111/pirs.12502]

Are eco-labels good for the local economy?

CRISTINA BERNINI;Augusto Cerqua
2019

Abstract

We evaluate whether the adoption of a well‐known transition management instrument in the tourism industry can support simultaneously economic growth as well as sustainability. We create a detailed dataset at the municipality level and use a recently developed policy evaluation technique to investigate the causal impact of the Blue Flag program on the local economies. Estimates show that this eco‐label is not effective at enhancing the local economy; findings are homogeneous across destinations. This empirical result is in line with the recent theoretical literature arguing that a single policy does not suffice for transiting towards a sustainable economy.
2019
sustainability policy, eco‐label, transition management, policy evaluation method, local economies
01 Pubblicazione su rivista::01a Articolo in rivista
Are eco-labels good for the local economy? / Bernini, Cristina; Cerqua, Augusto. - In: PAPERS IN REGIONAL SCIENCE. - ISSN 1056-8190. - (2019). [10.1111/pirs.12502]
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11573/1341091
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