Advances in Tourism Economics: New Developments by Álvaro Matias, Peter Nijkamp, Manuela Sarmento

By Álvaro Matias, Peter Nijkamp, Manuela Sarmento

'Advances in Tourism Economics' follows his predecessor 'Advances in smooth Tourism examine' (2007) in supplying an intensive review of state of the art financial study during this speedily constructing box. The authors begin by way of interpreting the new upsurge of model-based monetary study within the box, which builds on robust instruments in quantitative economics, resembling discrete selection versions, social accounting matrices, info envelopment analyses, influence evaluation types or partial computable equilibrium versions together with environmental externalities. the quantity originates from this novel examine spirit within the sector and goals to supply an enticing number of operational learn instruments and ways. It kinds an attractive list of recent tourism economics and positions the sector in the powerful culture of quantitative fiscal study, with due realization for either the call for and provide aspect of the tourism area, together with technological and logistic advances.

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The final equation includes all variables distinguished for the regression analysis. We find five variables that show significant coefficients. As can be found in the table, the year of data has a negative effect on the multipliers. This means that when the data are younger, the multipliers get lower. S. van Leeuwen et al. 01 level (2-tailed). 05 level (2-tailed). 10 level (2-tailed). ∗∗ ∗ is published in an article in a scientific journal, the value will be lower than when published in a paper or report.

Lacagnina and D. Provenzano parameters of the model and the results of the conducted experiments. Finally, Sect. 5 concludes the paper. 2 State of the Art and Theoretical Background The analysis of the hotels’ efficiency up to now represents a neglected area. There is just a small number of studies among which the earliest ones make use of ratios to evaluate the performance of the lodging industry (Baker and Riley 1994), or use the break even analysis to discern the effectiveness of tourism management (Wijeysinghe 1993) or the yield management (Brotherton and Mooney 1992; Donaghy et al.

Springer-Verlag, Berlin, pp 172–180 Stichting Continu Vakantie Onderzoek (2002) Onderzoek ‘Toeristisch bezoek aan steden 2001’. htm Witten IH, Frank E (2000) Data mining: Practical machine learning tools and techniques with Java implementation. 1 Introduction The proposed model consists of an integrated system dynamics-data envelopment analysis approach to value, in a dynamic framework, the effects over time of the policies implemented according to the relative efficiency analysis. Rooms’ price and competing facilities (the hedonics) are the decision variables to move in order to push the hotels towards a higher relative efficiency at the end of the observation periods.

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