Factores determinantes de la eficiencia económica : evidencias de la industria hotelera en España

The remarkable growth and diversification tourism has experienced worldwide has increased competitiveness in the sector. In this context, Spain’s leading position as the main tourist destination in Europe may be in danger. Consequently, the Spanish hotel companies must try to operate more efficientl...

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Detalles Bibliográficos
Autor: Arbelo Pérez, Marta
Tipo de recurso: tesis doctoral
Estado:Versión publicada
Fecha de publicación:2016
País:España
Institución:CBUC, CESCA
Repositorio:TDR. Tesis Doctorales en Red
OAI Identifier:oai:www.tdx.cat:10803/396339
Acceso en línea:http://hdl.handle.net/10803/396339
https://dx.doi.org/10.5821/dissertation-2117-96392
Access Level:acceso abierto
Palabra clave:Cost efficiency
Profit efficiency
Stochastic frontier
Hotel industry
Spain
Eficiencia de costes
Eficiencia de beneficios
Frontera estocástica
Industria hotelera
España
Àrees temàtiques de la UPC::Economia i organització d'empreses
338
Descripción
Sumario:The remarkable growth and diversification tourism has experienced worldwide has increased competitiveness in the sector. In this context, Spain’s leading position as the main tourist destination in Europe may be in danger. Consequently, the Spanish hotel companies must try to operate more efficiently and improve their results. This research aims to estimate the efficiency of costs and profits of 838 Spanish hotels and the determinants of their inefficiency over the period 2009-2013. For this purpose the stochastic frontier approach and the Battese and Coelli (1995) model are used, which allows us to estimate in a single stage the efficiency scores and the factors of inefficiency. Empirical results show that hotels are more efficient costs-wise than in profits, with an average efficiency of 71.71% and 50.47%, respectively. Moreover, the results also reveal that factors such as age, labour productivity, location, hotel category, and size are driving factors of inefficiency scores. These findings have important implications for public policy makers and for hotels’ management.