Analysis of the Worth of the Weights in a new Travel and Tourism Competitiveness Index
The aim of this article is to analyze the influence of the weights when building a tourism competitiveness (TC) synthetic indicator. The most frequently used index is the Travel and Tourism Competitiveness Index (TTCI), which is composed of 14 pillars organized into four subindexes. However, this in...
| Autores: | , |
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| Tipo de recurso: | artículo |
| Estado: | Versión aceptada para publicación |
| Fecha de publicación: | 2021 |
| País: | España |
| Institución: | Universidad de Jaén |
| Repositorio: | RUJA. Repositorio Institucional de la Producción Científica de la Universidad de Jaén |
| OAI Identifier: | oai:ruja.ujaen.es:10953/1838 |
| Acceso en línea: | https://doi.org/10.1177/0047287519899982 https://hdl.handle.net/10953/1838 |
| Access Level: | acceso abierto |
| Palabra clave: | Travel and Tourism Competitiveness Index weights World Economic Forum multicriteria |
| Sumario: | The aim of this article is to analyze the influence of the weights when building a tourism competitiveness (TC) synthetic indicator. The most frequently used index is the Travel and Tourism Competitiveness Index (TTCI), which is composed of 14 pillars organized into four subindexes. However, this index has been criticized especially regarding the weights. This study measures the weights using statistical methods and analyzes if they affect countries according to their stage of development. Subsequently, we applied these weights to the TTCI and to four TC synthetic indexes calculated by applying multicriteria techniques and we obtained different scenarios. These synthetic indexes enable a more realistic measurement of TC, so we analyze whether the ranking differences caused by variations in the pillar’s weights were equally relevant in the TTCI as in the different indexes proposed. We demonstrate how the choice of these weights benefits some countries while harming others |
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