Aggregate Efficiency and Productivity Analysis in the Tourism Industry
Nicolas Peypoch and
Bernardin Solonandrasana
Tourism Economics, 2008, vol. 14, issue 1, 45-56
Abstract:
This paper presents a new methodology for analysing efficiency and productivity in the tourism industry in an aggregate context. More precisely, by using the directional distance function, an aggregate Luenberger productivity indicator for a group of tourist firms is proposed. Moreover, the possibility of the reallocation of inputs and outputs between the individual tourist firms in the group is considered. Finally, this new performance measure is illustrated by considering a group of hotels.
Keywords: directional distance function; aggregate Luenberger productivity indicator; hotel performance; efficiency; productivity (search for similar items in EconPapers)
Date: 2008
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Citations: View citations in EconPapers (15)
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Persistent link: https://EconPapers.repec.org/RePEc:sae:toueco:v:14:y:2008:i:1:p:45-56
DOI: 10.5367/000000008783554794
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