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on Tourism Economics |
By: | Kwok Tong Soo; Ching-Fu Chen |
Abstract: | This study investigates the cost structure and economic implications of the Taiwanese international tourist hotel industry. A multi-product translog cost function with three inputs and three outputs is estimated using seemingly unrelated regression estimation (SURE) and three-stage-least-squares (3SLS). A balanced panel dataset consisting of 47 international tourist hotels in Taiwan over the period 1997-2001 was obtained from Taiwanese Tourism Bureau and used to estimate the cost function. The results show that both scale and scope economies exist in the Taiwanese international tourist hotel industry. In addition, productivity growth is positive over the study period. Managerial and policy implications for the Taiwanese international tourist hotel industry are also discussed. |
Keywords: | cost structure, scale economies, scope economies, productivity growth, hotel industry |
Date: | 2006 |
URL: | http://d.repec.org/n?u=RePEc:lan:wpaper:004283&r=tur |
By: | Henrik Sornn-Friese |
Abstract: | This paper questions the overall role of interfirm linkages in industrial dynamics. Studying Danish trucking and congress tourism, the paper addresses a number of particular questions concerning how industry responds to changing conditions. In trucking, the important interfirm linkages are pecuniary and entails nontrivial exchange among multiple dispersed agents, while in congress tourism Inter-organizational linkages are more strategic, with the activities of multiple agents forming together into products, without direct exchange. |
Keywords: | Industrial dynamics and evolution; inter-organizational linkages; vertical industry structure and division of labor; trucking; tourism |
JEL: | L14 L22 O14 |
Date: | 2006 |
URL: | http://d.repec.org/n?u=RePEc:aal:abbswp:06-33&r=tur |