Autori:
Mauro, Luciano,
Bella, MarianoTitolo:
Italy: Not Only Made in, but Above All Sense ofPeriodico:
Micro & macro marketingAnno:
2024 - Fascicolo:
1 - Pagina iniziale:
243 - Pagina finale:
260In this paper we propose a new definition of the Made in Italy that includes the consumer services (tourism). This new definition is based on the concept of Sense of Italy (SofI) that characterizes Italy as a generator of emotions and business revenue. More precisely, SofI is a meta- brand, or super-brand, where the consumers choice is driven by the country of origin effect. Empirical tests show a positive asymmetric response of SofI to business cycle in the following direction: the impact of recessions is smaller than the impact of expansions. Moreover, the SofI aggregate generates and exploits market power via premium pricing in a lot of conditions, despite the internal deficits deriving from the Italian productive environment.
SICI: 1121-4228(2024)1<243:INOMIB>2.0.ZU;2-E
Testo completo:
https://www.rivisteweb.it/download/article/10.1431/113051Testo completo alternativo:
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