Tourism taxes in Italy: A sustainable perspective
Journal: Journal of Global Business Insights (JGBI) (Vol.4, No. 2)Publication Date: 2019-09-01
Authors : Lucia Rotaris; Marta Carrozzo;
Page : 92-105
Keywords : tourism sustainability; tourism tax; tourists’ preferences; contingent valuation;
Abstract
In Italy, a tourism tax was introduced in 2011, since then it has been adopted in most of the Italian provincial capitals and tourist cities. This tax can mitigate the negative externalities caused by tourists; however, it should be carefully planned both in terms of the amount of money to be levied and in terms of the uses to be financed with the tax revenues, it could, otherwise, negatively impact the tourism sector, decreasing—rather than increasing— the social welfare. The aim of this paper is to assess the acceptability of such a tax and to examine how the tax should be designed to better meet tourists' preferences while improving tourism sustainability. To this aim, a Contingent Valuation experiment has been performed for two Apulian touristic towns: Otranto and Castro. The results demonstrate that the willingness to pay (WTP) for the tourism tax depends not only on the vacation and the tourist type but also on how the fiscal revenues are used. If no mention is made of the use of the tax revenues, the WTP can be as low as €0.85 per person per night, which is much lower than the tax actually levied. Instead, if the tax revenues are used to improve and to protect the environment, the WTP can be as high as €3.96. To the best of the authors' knowledge, this is the first research paper estimating the WTP in the Italian context based on tax revenue use.
Other Latest Articles
- TRIBOLOGICAL CONSIDERATIONS ON RWL 34 TOOLS STEEL
- APPLICATION OF TAGUCHI METHOD IN THE OPTIMIZATION OF ZINC BASED COMPOSITE
- SURFACE ROUGHNESS QUALITY, FRICTION AND WEAR OF PARTS OBTAINED ON 3D PRINTER
- ANALYSIS ON THE CORROSION RATE CHANGES OF AISI 410 STAINLESS STEEL SUBMITTED TO ABRASION-CORROSION IN SIMULATED MARINE CONDITIONS
- Vukasin SLAVKOVIC, Nikola PALIC, Varun SHARMA, Nenad GRUJOVIC, Fatima ZIVIC
Last modified: 2019-10-17 04:14:21