Jorge V Pérez‐Rodríguez
Biographic Data
| ID | 5094881 |
|---|---|
| NAME | Jorge V Pérez‐Rodríguez |
| GIVEN NAMES | Jorge V |
| FAMILY NAME | Pérez‐Rodríguez |
| SIGNATURE | RODRÍGUEZ J V P |
| AFFILIATIONS | Universidad de Las Palmas de Gran Canaria |
| ORCID | 0000-0002-6738-9191 |
| VERIFIED | Yes |
| TOTAL WORKS | 22 |
| TOTAL CITATIONS | 16 |
| AUTHOR COUNT | 22 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 2005 |
| LATEST PUBLICATION YEAR | 2026 |
| H-INDEX | 3 |
Factors influencing the contribution of each individual input to productivity growth in the Spanish hotel industry
This paper investigates the contribution of each individual input to total factor productivity change, distinguishing between technical and efficiency change, for a sample of Spanish hotels for the period 1997-2019. To do so, we apply the non-radial and non-parametric weighted Russell directional distance model (WRDDM) considering an input orientation and the Luenberger productivity indicator. In a second stage, drivers of productivity, technical…
A spatial stochastic frontier model at the P2P listing level
This paper presents a novel approach to account for spatial effects in the estimation of the efficiency of peer-to-peer (P2P) accommodation units. Specifically, in a stochastic frontier approach, it analyses the correlation effects (spatial dependence of inputs and outputs) on the frontier itself, the noise term (e.g., unobserved but spatially correlated variables) and the inefficiency term (e.g., agglomeration or competition effects). To do so, …
Productivity growth of Spanish tourist wineries using a directional distance approach
This paper analyses, in a two-step procedure, the productivity growth of 69 Spanish wineries (period 1998-2022) which offer tourism activities at their installations. To do so, we firstly calculate the total factor productivity (TFP) change using a directional distance function (DDF) and the Luenberger-Hicks-Moorsteen (LHM) TFP indicator introduced by Ang and Kerstens (2017), which allows us to correctly distinguish between technological change (…
Heterogeneous elasticities in the P2P demand
This paper uses quantile regression modelling to provide a broad description of the relationship between tourism demand and its theoretical determinants across the peer-to-peer (P2P) demand distribution. Specifically, we use a panel data unconditional quantile regression with high-dimensional fixed effects to infer the effects of heterogeneous elasticity on unconditional demand. Our empirical analysis comprises a case study of the Canary Islands …
Modelling prices and volatilities in the sharing economy
This paper examines whether short-term rental listings in the sharing accommodation market take account of market risk in their pricing. To do so, we estimate time-varying market risks, and forecast price changes using daily supply-price time series. The empirical analysis was conducted using daily data for the Canary Islands sharing accommodation market for the period January 2016 to September 2021. The following main results were obtained. Firs…
Input inefficiencies in the hotel industry. A non-radial directional performance measurement
This paper investigates the inefficiencies of inputs in the hotel industry. To do this, we apply the weighted Russell directional distance model (Barros et al., 2012; Chen et al., 2014) considering an input-oriented approach. This model allows to obtain not only aggregate inefficiency measures, but also their components. In a second stage, we analyze the individual and overall efficiency measures considering several factors in a truncated Bayesia…
Assessing efficiency and managerial behaviour in the Spanish golf hotel industry
This paper analyses the efficiency of a sample of Spanish hotels which manage golf courses. Data characteristics justify the application of the super-efficiency non-parametric data envelopment analysis approach developed by Andersen and Petersen ([1993]. A procedure for ranking efficient units in data envelopment analysis. Management Science, 39(10), 1261–1264). A truncated Bayesian Tobit regression is also applied in a second stage to study the …
Is peer-to-peer demand cointegrated at the listing level
In this paper, we analyse the long-run equilibrium demand of the peer-to-peer sharing economy. Our panel data demand model relates occupancy rates to relative prices of Airbnb and HomeAway listings, prices of competitors (hotels and apartments) and a proxy for income of tourists visiting the Canary Islands (Spain). We use a fractional heterogeneous panel data model which allows for a more general persistence and cointegration relationship and inc…
Substitution among hotels and P2P accommodation in the Covid era
This paper analyses whether peer-to-peer (P2P) accommodation substitutes traditional accommodation, taking into account dynamic and spatial spillover effects. We also analyse the impact of the COVID-19 pandemic crisis on the demand and substitution effect. To do this, we use a spatial dynamic panel data demand model for occupancy rates related to prices of P2P accommodation units, prices of competitors (hotels and apartments) and income. Its dyna…
Bimodal length of stay in the accommodation sharing economy
This paper analyses the determinants of tourist length of stay in sharing accommodation. Methodologically, the paper proposes a new approach to account for the observed bimodality of length of stay. More specifically, the determinants of length of stay are analyzed by modeling both the conditional mean and conditional modal frequencies, which represent shorter and longer tourist stays, unlike previous contributions on length of stay where modelin…
The impact of ownership and size heterogeneity on hotel efficiency in the Canary Islands (Spain)
This study was conducted to analyse the influence of technological differences on hotel efficiency in the Canary Islands (Spain), with particular regard to the heterogeneity observed in hotel ownership and size. A metafrontier approach, based on non-parametric deterministic efficiency methods (data envelopment analysis and free-disposal hull) and robust non-parametric estimators (order-α), is used. This empirical analysis considered a panel data …
The effect of type of lodging and professionalism on the efficiency of P2P accommodation
This paper analyses the effect of the different levels of hosts’ professionalism (single and multi-unit host) and accommodation types on the time-varying technical efficiency of P2P accommodation. To do this, we employ a panel data stochastic frontier model which disentangles time-varying efficiency from unobserved heterogeneity. We use a database from Airbnb listings for the Canary Islands (Spain) from January 2019 to September 2020, including t…
Transient and Persistent Cost Efficiency in Hotels in the Canary Islands
The aim of this study is to determine the presence or otherwise of transient and/or persistent cost inefficiency in the lodging industry. To do so, we applied the method proposed by Filippini and Greene, within a stochastic frontier panel data framework. Our empirical analysis is based on data for the hotel industry in the Canary Islands (Spain), an important destination for European tourists, for the period 2002-2015. Using a stochastic translog…
Does tourism promote economic growth? A fractionally integrated heterogeneous panel data analysis
In this article, we analyse whether tourism promotes economic growth using a general dynamic panel data model that incorporates individual and interactive fixed effects and allows for contemporaneous correlation in model innovations. The empirical study is based on quarterly series of GDP and tourist arrivals for 14 European countries covering the period from 1995 to 2019. Results indicate that the case for a positive long-run relationship betwee…
How does AirBnb affect local Spanish tourism markets
This paper analyses the effects of AirBnb on the size of local tourism markets using AirBnb occupancy rates and hotel overnight stays in order to explore the causal relationship in several Spanish cities. A dynamic panel data model is applied at the city level (2014–2017). Our findings show a positive relationship between the increase in the number of properties offered on AirBnb and the implicit volume of tourists received by each city, specific…
Testing the validity of the tourism-led growth hypothesis under long-range dependence
Traditionally, the relationship between tourism and economic growth has been studied using methods based on stationary or nonstationary models. In this paper, we explore the validity of the tourism-led growth hypothesis, applying fractional cointegration techniques and comparing the results with those obtained in previous studies. To do this, we study the long-run relationship between GDP and tourism series, using a two-step strategy. First, we a…
Modelling dependence between daily tourist expenditure and length of stay
In this article, tourists’ choice of the number of stays (length of stay, a discrete variable) and daily expenditure (a continuous variable) is modelled relaxing the linearity assumption and employing a structural form. A bivariate copula distribution, specified in terms of the marginal distributions of daily tourist expenditure and length of stay, is used to model and test dependence. We propose the Farlie–Gumbel–Morgenstern family of distributi…
Modelling bimodality of length of tourist stay
The euro effect
This paper investigates the impact of the Economic and Monetary Union on international tourism flows across a set of 37 developed countries. To do this, an augmented gravity model is estimated using a sample of 31 European countries plus six non-European OECD countries over the period 1995–2012. Results suggest a substantial impact of the euro on intra-Eurozone tourism of between 44 and 126% when proper estimation method, control group and defini…
Testing dependence between GDP and tourism's growth rates
Cost efficiency of the lodging industry in the tourist destination of Gran Canaria (Spain)
Regímenes cambiarios de iure y de facto . El caso de la peseta/dólar, 1965–1998
En este trabajo se aplican tres procedimientos estadísticos alternativos al tipo de cambio peseta/dólar norteamericano, con el objetivo de conocer el verdadero régimen cambiario al que estuvo sujeto durante el período 1965–1998. El estudio toma la perspectiva que señala la divergencia entre regímenes cambiario de facto y de iure . Los resultados indican que la peseta, al igual que otras monedas, no exhibió el régimen flotante que de iure tenía en…
Cost efficiency of the lodging industry in the tourist destination of Gran Canaria (Spain)
The euro effect
This paper investigates the impact of the Economic and Monetary Union on international tourism flows across a set of 37 developed countries. To do this, an augmented gravity model is estimated using a sample of 31 European countries plus six non-European OECD countries over the period 1995–2012. Results suggest a substantial impact of the euro on intra-Eurozone tourism of between 44 and 126% when proper estimation method, control group and defini…
Testing dependence between GDP and tourism's growth rates
Modelling bimodality of length of tourist stay
Regímenes cambiarios de iure y de facto . El caso de la peseta/dólar, 1965–1998
En este trabajo se aplican tres procedimientos estadísticos alternativos al tipo de cambio peseta/dólar norteamericano, con el objetivo de conocer el verdadero régimen cambiario al que estuvo sujeto durante el período 1965–1998. El estudio toma la perspectiva que señala la divergencia entre regímenes cambiario de facto y de iure . Los resultados indican que la peseta, al igual que otras monedas, no exhibió el régimen flotante que de iure tenía en…
Cost efficiency of the lodging industry in the tourist destination of Gran Canaria (Spain)
Testing dependence between GDP and tourism's growth rates
The euro effect
This paper investigates the impact of the Economic and Monetary Union on international tourism flows across a set of 37 developed countries. To do this, an augmented gravity model is estimated using a sample of 31 European countries plus six non-European OECD countries over the period 1995–2012. Results suggest a substantial impact of the euro on intra-Eurozone tourism of between 44 and 126% when proper estimation method, control group and defini…
Modelling bimodality of length of tourist stay
Testing the validity of the tourism-led growth hypothesis under long-range dependence
Traditionally, the relationship between tourism and economic growth has been studied using methods based on stationary or nonstationary models. In this paper, we explore the validity of the tourism-led growth hypothesis, applying fractional cointegration techniques and comparing the results with those obtained in previous studies. To do this, we study the long-run relationship between GDP and tourism series, using a two-step strategy. First, we a…
Modelling dependence between daily tourist expenditure and length of stay
In this article, tourists’ choice of the number of stays (length of stay, a discrete variable) and daily expenditure (a continuous variable) is modelled relaxing the linearity assumption and employing a structural form. A bivariate copula distribution, specified in terms of the marginal distributions of daily tourist expenditure and length of stay, is used to model and test dependence. We propose the Farlie–Gumbel–Morgenstern family of distributi…
Does tourism promote economic growth? A fractionally integrated heterogeneous panel data analysis
In this article, we analyse whether tourism promotes economic growth using a general dynamic panel data model that incorporates individual and interactive fixed effects and allows for contemporaneous correlation in model innovations. The empirical study is based on quarterly series of GDP and tourist arrivals for 14 European countries covering the period from 1995 to 2019. Results indicate that the case for a positive long-run relationship betwee…
How does AirBnb affect local Spanish tourism markets
This paper analyses the effects of AirBnb on the size of local tourism markets using AirBnb occupancy rates and hotel overnight stays in order to explore the causal relationship in several Spanish cities. A dynamic panel data model is applied at the city level (2014–2017). Our findings show a positive relationship between the increase in the number of properties offered on AirBnb and the implicit volume of tourists received by each city, specific…
Substitution among hotels and P2P accommodation in the Covid era
This paper analyses whether peer-to-peer (P2P) accommodation substitutes traditional accommodation, taking into account dynamic and spatial spillover effects. We also analyse the impact of the COVID-19 pandemic crisis on the demand and substitution effect. To do this, we use a spatial dynamic panel data demand model for occupancy rates related to prices of P2P accommodation units, prices of competitors (hotels and apartments) and income. Its dyna…
Bimodal length of stay in the accommodation sharing economy
This paper analyses the determinants of tourist length of stay in sharing accommodation. Methodologically, the paper proposes a new approach to account for the observed bimodality of length of stay. More specifically, the determinants of length of stay are analyzed by modeling both the conditional mean and conditional modal frequencies, which represent shorter and longer tourist stays, unlike previous contributions on length of stay where modelin…
The impact of ownership and size heterogeneity on hotel efficiency in the Canary Islands (Spain)
This study was conducted to analyse the influence of technological differences on hotel efficiency in the Canary Islands (Spain), with particular regard to the heterogeneity observed in hotel ownership and size. A metafrontier approach, based on non-parametric deterministic efficiency methods (data envelopment analysis and free-disposal hull) and robust non-parametric estimators (order-α), is used. This empirical analysis considered a panel data …
The effect of type of lodging and professionalism on the efficiency of P2P accommodation
This paper analyses the effect of the different levels of hosts’ professionalism (single and multi-unit host) and accommodation types on the time-varying technical efficiency of P2P accommodation. To do this, we employ a panel data stochastic frontier model which disentangles time-varying efficiency from unobserved heterogeneity. We use a database from Airbnb listings for the Canary Islands (Spain) from January 2019 to September 2020, including t…
Transient and Persistent Cost Efficiency in Hotels in the Canary Islands
The aim of this study is to determine the presence or otherwise of transient and/or persistent cost inefficiency in the lodging industry. To do so, we applied the method proposed by Filippini and Greene, within a stochastic frontier panel data framework. Our empirical analysis is based on data for the hotel industry in the Canary Islands (Spain), an important destination for European tourists, for the period 2002-2015. Using a stochastic translog…
Modelling prices and volatilities in the sharing economy
This paper examines whether short-term rental listings in the sharing accommodation market take account of market risk in their pricing. To do so, we estimate time-varying market risks, and forecast price changes using daily supply-price time series. The empirical analysis was conducted using daily data for the Canary Islands sharing accommodation market for the period January 2016 to September 2021. The following main results were obtained. Firs…
Input inefficiencies in the hotel industry. A non-radial directional performance measurement
This paper investigates the inefficiencies of inputs in the hotel industry. To do this, we apply the weighted Russell directional distance model (Barros et al., 2012; Chen et al., 2014) considering an input-oriented approach. This model allows to obtain not only aggregate inefficiency measures, but also their components. In a second stage, we analyze the individual and overall efficiency measures considering several factors in a truncated Bayesia…
Assessing efficiency and managerial behaviour in the Spanish golf hotel industry
This paper analyses the efficiency of a sample of Spanish hotels which manage golf courses. Data characteristics justify the application of the super-efficiency non-parametric data envelopment analysis approach developed by Andersen and Petersen ([1993]. A procedure for ranking efficient units in data envelopment analysis. Management Science, 39(10), 1261–1264). A truncated Bayesian Tobit regression is also applied in a second stage to study the …
Is peer-to-peer demand cointegrated at the listing level
In this paper, we analyse the long-run equilibrium demand of the peer-to-peer sharing economy. Our panel data demand model relates occupancy rates to relative prices of Airbnb and HomeAway listings, prices of competitors (hotels and apartments) and a proxy for income of tourists visiting the Canary Islands (Spain). We use a fractional heterogeneous panel data model which allows for a more general persistence and cointegration relationship and inc…
Productivity growth of Spanish tourist wineries using a directional distance approach
This paper analyses, in a two-step procedure, the productivity growth of 69 Spanish wineries (period 1998-2022) which offer tourism activities at their installations. To do so, we firstly calculate the total factor productivity (TFP) change using a directional distance function (DDF) and the Luenberger-Hicks-Moorsteen (LHM) TFP indicator introduced by Ang and Kerstens (2017), which allows us to correctly distinguish between technological change (…
Heterogeneous elasticities in the P2P demand
This paper uses quantile regression modelling to provide a broad description of the relationship between tourism demand and its theoretical determinants across the peer-to-peer (P2P) demand distribution. Specifically, we use a panel data unconditional quantile regression with high-dimensional fixed effects to infer the effects of heterogeneous elasticity on unconditional demand. Our empirical analysis comprises a case study of the Canary Islands …
Factors influencing the contribution of each individual input to productivity growth in the Spanish hotel industry
This paper investigates the contribution of each individual input to total factor productivity change, distinguishing between technical and efficiency change, for a sample of Spanish hotels for the period 1997-2019. To do so, we apply the non-radial and non-parametric weighted Russell directional distance model (WRDDM) considering an input orientation and the Luenberger productivity indicator. In a second stage, drivers of productivity, technical…
A spatial stochastic frontier model at the P2P listing level
This paper presents a novel approach to account for spatial effects in the estimation of the efficiency of peer-to-peer (P2P) accommodation units. Specifically, in a stochastic frontier approach, it analyses the correlation effects (spatial dependence of inputs and outputs) on the frontier itself, the noise term (e.g., unobserved but spatially correlated variables) and the inefficiency term (e.g., agglomeration or competition effects). To do so, …
Economics (16 works) · Econometrics (15 works) · Tourism (15 works) · Geography (12 works) · Panel data (12 works) · Business (8 works) · Sharing Economy and Platforms (8 works) · Efficiency Analysis Using DEA (7 works) · Mathematics (7 works) · Economic and Environmental Valuation (6 works)