Total factor productivity of the Slovenian hotel companies

Bibliographic Data

ID15067702
AuthorsJan Frančeškin (Faculty of Management, University of Primorska, Koper, Slovenia, corresponding author), Štefan Bojnec (0000-0002-1270-6372, Faculty of Management, University of Primorska, Koper, Slovenia)
Year2023
Volume36
Issue1
Publication date2023-03-31
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueEconomic Research-Ekonomska Istraživanja (JOURNAL)
Journal identifiersISSN: 1331-677X • E-ISSN: 1848-9664
PublisherInforma UK Limited (PUBLISHER • GB)
DOI10.1080/1331677x.2022.2119428
OpenAlexW4295298409
LanguageEN
Citations received1
References cited25

The article focuses on the study of performance factors of Slovenian hotel companies through Data Envelopment Analysis between 2001 and 2018. For this purpose, we introduced a balanced panel data of 20 hotel companies which differ by their size, type, the number of hotels within the company, and location. To determine efficiency factors, we used the Malmquist index, which can be broken down into a change in efficiency and technological change. The change in efficiency was further broken down into a change in pure technical efficiency and a change in scalar efficiency. Between 2001 and 2018, hotel companies recorded decline in total factor productivity index which was mainly due to the inability to implement new production technologies. One of the key reasons for deterioration in technological change was the 2008 economic crisis

Business · Data envelopment analysis · Econometrics · Economic growth · Economics · Geography · Hotel industry · Industrial organization · Malmquist index · Panel data · Production efficiency · Productivity · Statistics · Technical change · Technological change · Total factor productivity · Agricultural and Rural Development Research · Computer Science · Efficiency Analysis Using DEA · Engineering · Mathematics · Wine Industry and Tourism

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