Are multi-resort ski conglomerates more efficient?

Managerial and Decision Economics

Volumn 30, Issue 8, 2009, Pages 529-538

  Falk, Martin ^a  

^a AUSTRIAN INSTITUTE OF ECONOMIC RESEARCH WIFO   (Austria)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 70449448396     PISSN: 01436570     EISSN: 10991468     Source Type: Journal    
DOI: 10.1002/mde.1470     Document Type: Article

References (27)

1. Aigner DJ, Lovell CAK, Schmidt P. 1977. Formulation and estimation of stochastic frontier production functions. Journal of Econometrics 6: 21-37.
2. Anderson RI, Fish M, Xia Y, Michello F. 1999. Measuring efficiency in the hotel industry: a stochastic frontier approach. International Journal of Hospitality Management 18: 45-57.
3. Bahk B-H, Gort M. 1993. Decomposing learning by doing in new plants. Journal of Political Economy 101: 561-583.
4. Barros CP. 2005. Measuring efficiency in the hotel sector. Annals of Tourism Research 32: 456-477.
5. Battese GE, Coelli TJ. 1995. A model for technical inefficiency effects in a stochastic frontier production function for panel data. Empirical Economics 20: 325-332.
6. Berwert A, Bignasca F, Filippini P. 1996. Preise und Qualitatseigenschaften schweizerischer Skigebiete: Schatzungen mit dem hedonischen Preisansatz unter Berucksichtigung raumlicher Autokorrelation. Jahrbuch für Regionalwissenschaften 16-17: 67-97.
7. Bishop P, Brand S. 2003. The efficiency of museums: a stochastic frontier production function approach. Applied Economics 35: 1853-1858.
8. Chen C-F. 2007. Applying the stochastic frontier approach to measure hotel managerial efficiency in Taiwan. Tourism Management 28: 696-702.
9. Coelli TJ, Rao DSP, Battese GE. 1998. An Introduction to Efficiency and Productivity Analysis. Kluwer Academic Publishers: USA.
10. Dawson P, Dobson S. 2002. Managerial efficiency and human capital: an application to English association football. Managerial and Decision Economics 23: 471-486.
11. Echelberger HE, Shafer Jr. EL, 1970. Snow1(X)5use of ski slopes. Journal of Marketing Research 7: 388-392.
12. Flagestad A, Hope CA. 2001. Strategic success in winter sports destinations: a sustainable value creation perspective. Tourism Management 22: 445-461.
13. Gily A, Yarwood R, Essex S, Smithers J (eds), CABI Publishing: Wallingford, UK.
14. Hudson S. 2004. Winter sport tourism in NorthAmerica. In Sport Tourism: Interrelationships, Impacts and Issues, 77-100, Ritchie B, Adair D (eds). Multilingual Matters: Clevedon, NY.
15. Kern MB, Sussmuth B. 2005. Managerial efficiency in German top league soccer: an econometric analysis of club performances on and off the pitch. German Economic Review 6: 485-506, doi:10.1111/ j.1468-0475.2005.00143.x.
16. Kerstens K. 1996. Technical efficiency measurement and explanation of French urban transit companies. Transportation Research-A 30: 431-452.
17. Kodde DA, Palm FC. 1986, Wald criteria for jointly testing equality restrictions. Econometrica 54: 1243-1248.
18. Kumbhakar SC, Ghosh S, McGuckin JT. 1991. A generalized production frontier approach for estimating determinants of inefficiency in U.S. dairy farms. Journal of Business & Economic Statistics 9: 279-286.
19. Kumbhakar SC, Lovell CAK. 2000. Stochastic Frontier Analysis. Cambridge University Press: Cambridge.
20. Meeusen W, van den Broeck J. 1977. Efficiency estimation from Cobb-Douglas production function with composed error. International Economic Review 18: 435-444.
21. Murillo-Zamorano LR. 2004. Economic efficiency and frontier techniques. Journal of Economic Surveys 18: 33-77.
22. Mulligan J, Llinares E. 2003. Market segmentation and the diffusion of quality enhancing innovations: the case of downhill skiing. The Review of Economics and Statistics 85, 493-501.
23. Organisation for Economic Co-operation and Development OECD. 2007. Climate Change in the European Alps: Adapting Winter Tourism and Natural Hazards Management. OECD: Paris.
24. Reifschneider D, Stevenson R. 1991. Systematic departures from the frontier: a framework for the analysis of firm inefficiency. International Economic Review 32: 715-723.
25. Stevenson RE. 1980. Likelihood functions for generalized stochastic frontier estimation. Journal of Econometrics 13: 57-66.
26. Wang H. 2002. Heteroskedasticity and non-monotonic efficiency effects of a stochastic frontier model. Journal of Productivity Analysis 18: 241-253.
27. Wang H-J, Schmidt P. 2002. One-step and two-step estimation of the effects of exogenous variables on technical efficiency levels. Journal of Productivity Analysis 18: 129-144.