Research Note: Analysing the Efficiency of the Taiwanese Hotel Industry: A Stochastic Metafrontier Approach

Yung-Hsiang Lu and Ching-Fu Chen
Additional contact information
Yung-Hsiang Lu: Department of Bio-industry and Agribusiness Administration, National Chia-Yi University, 580 Sinmin Rd, Chiayi City, Taiwan
Ching-Fu Chen: Department of Transportation & Communication Management Science, National Cheng Kung University, 1 University Road, Tainan 701, Taiwan

Tourism Economics, 2012, vol. 18, issue 5, 1143-1150

Abstract: This paper compares the cost efficiency and meta-technology ratios for three groups of Taiwanese international hotels during the period 1998–2007 using the stochastic metafrontier approach. The empirical results support the view that the technology gap plays an important role in explaining the ability of hotels in one group to compete with hotels in different operating companies. In addition, the results indicate that hotels differ in cost efficiencies; that is, international chain hotels have the highest cost efficiencies, while independent hotels have the lowest.

Keywords: metafrontier; cost efficiency; technology gap; hotel industry; heterogeneity (search for similar items in EconPapers)
Date: 2012
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://journals.sagepub.com/doi/10.5367/te.2012.0164 (text/html)

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:sae:toueco:v:18:y:2012:i:5:p:1143-1150

DOI: 10.5367/te.2012.0164

Access Statistics for this article

More articles in Tourism Economics
Bibliographic data for series maintained by SAGE Publications ().