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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| Tipo de documento: | tese |
| Estado: | Versão publicada |
| Data de publicação: | 2016 |
| País: | España |
| Recursos: | CBUC, CESCA |
| Repositório: | TDR. Tesis Doctorales en Red |
| OAI Identifier: | oai:www.tdx.cat:10803/396339 |
| Acesso em linha: | http://hdl.handle.net/10803/396339 https://dx.doi.org/10.5821/dissertation-2117-96392 |
| Access Level: | Acceso aberto |
| Palavra-chave: | 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 |
| Resumo: | 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. |
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