Exploring Competitiveness in Mediterranean Resorts
Andreas Papatheodorou
Tourism Economics, 2002, vol. 8, issue 2, 133-150
Abstract:
This paper examines competitiveness and efficiency issues related to destinations in the Mediterranean region. Following a detailed discussion on methodology, a hedonic analysis is performed, in which the price of holiday packages is regressed on a number of package characteristics and operator and location scaling factors. Those that are statistically significant among the latter are subsequently used in a second-step correlation framework, which aims to offer a valid interpretation of the observed price differentials among core and peripheral holiday destinations. On these grounds, a number of policy measures are finally discussed.
Keywords: tourism; hedonic price analysis; competitiveness; Mediterranean region (search for similar items in EconPapers)
Date: 2002
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Persistent link: https://EconPapers.repec.org/RePEc:sae:toueco:v:8:y:2002:i:2:p:133-150
DOI: 10.5367/000000002101298034
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