Izvorni znanstveni članak
https://doi.org/10.1080/1331677X.2022.2119428
Total factor productivity of the Slovenian hotel companies
Jan Frančeškin
Štefan Bojnec
Sažetak
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.
Ključne riječi
Hospitality; hotel companies; total factor productivity; Malmquist Productivity Index
Hrčak ID:
306461
URI
Datum izdavanja:
31.3.2023.
Posjeta: 163 *