EconPapers    
Economics at your fingertips  
 

Testing general and special Färe-Primont indices: A proposal for public and private sector synthetic indices of European regional expenditures and tourism

Walter Briec, Kristiaan Kerstens (), Diego Prior () and Ignace Van de Woestyne

European Journal of Operational Research, 2018, vol. 271, issue 2, 756-768

Abstract: This contribution develops a general and a special case of the Färe-Primont total factor productivity index that has the critical property of transitivity for application in the tourism sector. In particular, its empirical application focuses on the respective contributions of public and private expenditures to the economic activity of tourism services at a regional level in Europe. Since the focus of measurement is oriented towards tourism activity, this synthetic index can be interpreted as a tourism effectiveness index. Depending on how the variables are included in the underlying technology specification, the same tourism index can be oriented towards the assessment of either the private or the public sector’s effectiveness. Consequently, the existing interdependencies between both sectors can be estimated. The empirical application contains a sample of European regions in the three years 2003, 2007 and 2011.

Keywords: Data envelopment analysis; Total factor productivity growth; Färe-Primont index; Synthetic index; Tourism industry, (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0377221718304181
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:ejores:v:271:y:2018:i:2:p:756-768

Access Statistics for this article

European Journal of Operational Research is currently edited by Roman Slowinski, Jesus Artalejo, Jean-Charles. Billaut, Robert Dyson and Lorenzo Peccati

More articles in European Journal of Operational Research from Elsevier
Bibliographic data for series maintained by Dana Niculescu ().

 
Page updated 2019-09-13
Handle: RePEc:eee:ejores:v:271:y:2018:i:2:p:756-768