Skip to main content

Analyzing the Total Productivity Change in Travel Agencies

Buy Article:

$25.00 plus tax (Refund Policy)

Abstract:

This article estimates changes in total productivity in travel agencies in two stages. In the first stage, it breaks down total productivity into technically efficient change and technological change by means of data envelopment analysis (DEA) applied to a representative sample of travel agencies operating in the Portuguese market. The aim of this procedure is to seek out those best practices that will lead to improved performance in the market. We rank the companies according to their change in total productivity for the period 2000–2004, concluding that some companies experienced productivity growth while others experienced a decrease in productivity. In the second stage, the inefficient scores are regressed into contextual variables of inefficiency with a bootstrapped Tobit model. The implications arising from the study are considered in terms of managerial policy.

Keywords: BOOTSTRAPPING; MALMQUIST DEA MODEL; PORTUGAL; PRODUCTIVITY; TOBIT MODEL; TRAVEL AGENCIES

Document Type: Research Article

DOI: http://dx.doi.org/10.3727/108354207780956708

Publication date: April 1, 2007

More about this publication?
  • The aim of Tourism Analysis is to promote a forum for practitioners and academicians in the fields of Leisure, Recreation, Tourism, and Hospitality (LRTH). As a interdisciplinary journal, it is an appropriate outlet for articles, research notes, and computer software packages designed to be of interest, concern, and of applied value to its audience of professionals, scholars, and students of LRTH programs the world over.
cog/ta/2007/00000012/F0020001/art00003
dcterms_title,dcterms_description,pub_keyword
6
5
20
40
5

Access Key

Free Content
Free content
New Content
New content
Open Access Content
Open access content
Subscribed Content
Subscribed content
Free Trial Content
Free trial content
Cookie Policy
X
Cookie Policy
ingentaconnect website makes use of cookies so as to keep track of data that you have filled in. I am Happy with this Find out more