Demand, business profitability and competitiveness in the cableway system: A multidimensional framework

Moreno Ferrarese (), Enzo Loner and Manuela Pulina

Research in Transportation Economics, 2021, vol. 90, issue C

Abstract: The paper provides a theoretical framework on demand for cableway system, business profitability and competitiveness between mountain areas, including novel elements such as on-line customer satisfaction. Through an in-depth literature review, three important theoretical constructs and core determinants have been identified and further validated by a Structural Equation Model (SEM) using continuous indicators either as observable variables or as latent variables. The results show that the cableway supply in the Italian Aosta Valley Region, as a case study representing the typical alpine biodiverse region, is based on a shade public intervention. The success of the cableway system depends mainly on a loyal segment of demand, on middle/high income and on multi-elastic prices policy. Furthermore, the results provide evidence of possible cooperative competition (or win-win co-opetition) amongst agents.

Keywords: Demand; Supply and public intervention; Sustainability business; Alpine space biodiversity; Decision support system; SEM (search for similar items in EconPapers)
JEL-codes: C14 L83 N7 R11 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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DOI: 10.1016/j.retrec.2021.101041

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