A survival analysis of ski lift companies

Tourism Management

Volumn 36, Issue , 2013, Pages 377-390

  Falk, Martin ^a  

^a AUSTRIAN INSTITUTE OF ECONOMIC RESEARCH WIFO   (Austria)

Author keywords

Closure; Exit; Failure; Introduction of technological innovations; Ski lift companies; Survival analysis; Winter tourism

Indexed keywords

INNOVATION; LEISURE INDUSTRY; SPORT; SURVIVAL; TECHNOLOGICAL CHANGE; TOURISM DEVELOPMENT; TOURISM MANAGEMENT;

AUSTRIA;

EID: 85027942584     PISSN: 02615177     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.tourman.2012.10.005     Document Type: Article

References (55)

1. Abegg B., Agrawala S., Crick F., Montfalcon A. Climate change impacts and adaptation in winter tourism. Climate change in the European Alps: Adapting winter tourism and natural hazards management 2007, 25-61. OECD, Paris. S. Agrawala (Ed.).
2. Agarwal R. Technological activity and survival of firms. Economics Letters 1996, 52:101-108.
3. Agarwal R., Audretsch D.B. Does entry size matter? The impact of the life cycle and technology on firm survival. Journal of Industrial Economics 2001, 49:21-42.
4. Agarwal R., Gort M. The evolution of markets and entry, exit and survival of firms. Review of Economics and Statistics 1996, 78(3):489-498.
5. Climate change in the European Alps: Adapting winter tourism, and natural hazards management 2007, OECD, Paris, France. S. Agrawala (Ed.).
6. Audretsch D.B., Santarelli E., Vivarelli M. Start-up size and industrial dynamics: some evidence from Italian manufacturing. International Journal of Industrial Organization 1999, 17:965-983.
7. Auer I., Böhm R., Jurkovic A., Lipa W., Orlik A., Potzmann R., et al. HISTALP-historical instrumental climatological surface time series of theGreater Alpine Region 1760-2003. International Journal of Climatology 2007, 27:17-46.
8. Bank M., Wiesner R. Determinants of weather derivatives usage in the Austrian winter tourism industry. Tourism Management 2011, 32(1):62-68.
9. Becerra M., Santaló J., Silva R. Being better vs. being different: differentiation, competition, and pricing strategies in the Spanish hotel industry. Tourism Management 2013, 34:71-79.
10. Bhattacharjee A., Higson C., Holly S., Kattuman P. Macroeconomic instability and business exit: determinants of failures and acquisitions of UK firms. Economica 2009, 76(301):108-131.
11. Camisón C., Monfort-Mir V.M. Measuring innovation in tourism from the Schumpeterian and the dynamic capabilities perspectives. Tourism Management 2012, 33(4):776-789.
12. Caves R.E. Industrial organization and new findings on the turnover and mobility of firms. Journal of Economic Literature 1998, 36:1947-1982.
13. Cefis E., Marsili O. Amatter of life and death: innovation and firm survival. Industrial and Corporate Change 2005, 14(6):1167-1192.
14. Cefis E., Marsili O. Survivor: the role of innovation in firms' survival. Research Policy 2006, 35:626-641.
15. Chung W., Kalnins A. Agglomeration effects and performance: a test of the Texas lodging industry. Strategic Management Journal 2001, 22:969-988.
16. Cox D.R. Regression models and life tables. Journal of the Royal Statistical Society 1972, 34:187-220.
17. Doms M., Dunne T., Roberts M.J. The role of technology use in the survival and growth of manufacturing plants. International Journal of Industrial Organization 1995, 13(4):523-542.
18. Everett J., Watson J. Small business failure and external risk factors. Small Business Economics 1998, 5(3):271-285.
19. Falk M. Adynamic panel data analysis of snow depth and winter tourism. Tourism Management 2010, 31(6):912-924.
20. Fariñas J.C., Ruano S. Firm productivity, heterogeneity, sunk costs and market selection. International Journal of Industrial Organization 2005, 23(7/8):505-534.
21. Fine J.P., Gray R.J. Aproportional hazards model for the subdistribution of a competing risk. Journal of the American Statistical Association 1999, 94(446):496-509.
22. Fontana R., Nesta L. Product innovation and survival in a high-tech industry. Review of Industrial Organization 2009, 34:287-306.
23. Gu Z. Analyzing bankruptcy in the restaurant industry: a multiple discriminant model. International Journal of Hospitality Management 2002, 21(1):25-42.
24. Gu Z., Gao L. Amultivariate model for predicting business failures of hospitality firms. Tourism and Hospitality Research 2000, 2(1):37-49.
25. Hall C.M., Williams A.M. Tourism and innovation 2008, Routledge, London.
26. Hamilton L.C., Rohall D.E., Brown B.C., Hayward G.F., Keim B.D. Warming winters and New Hampshire's lost ski areas: an integrated case study. International Journal of Sociology and Social Policy 2003, 23(10):52-73.
27. Harhoff D., Stahl K., Woywode M. Legal form, growth and exit of west German firms - empirical results for manufacturing, construction, trade and service industries. Journal of Industrial Economics 1998, 46(4):453-488.
28. Helmers C., Rogers M. Innovation and the survival of new firms in the UK. Review of Industrial Organization 2010, 36(3):227-248.
29. Hill M., Wallner A., Furtado J. Reducing vulnerability to climate change in the Swiss Alps: a study on adaptive planning. Climate Policy 2010, 10:70-86.
30. Hjalager A.-M. Areview of innovation research in tourism. Tourism Management 2010, 31:1-12.
31. Hudson S. Winter sport tourism in North America. Sport tourism. Interrelationships, impacts and issues 2004, 77-100. Channel View Books, Clevedon, England. B. Ritchie, D. Adair (Eds.).
32. Jovanovic B. Selection and the evolution of industry. Econometrica 1982, 50(3):649-670.
33. Kaniovski S., Peneder M., Smeral E. Determinants of firm survival in the Australian accommodation sector. Tourism Economics 2008, 14(3):527-543.
34. Kim H., Gu Z. Predict US restaurant firm failures: the artificial neural network model versus logistic regression model. Tourism and Hospitality Research 2010, 10:171-187.
35. Klepper S. Entry, exit, growth, and innovation over the product life cycle. American Economic Review 1996, 86:562-583.
36. Klepper S. Firm survival and the evolution of oligopoly. RAND Journal of Economics 2002, 33(1):37-61.
37. Kureha M. Changing ski tourism in Japan: from mass tourism to ecotourism?. Global Environmental Research 2008, 12:137-143.
38. Manjón-Antolín M., Arauzo-Carod J.-M. Firm survival: methods and evidence. Empirica 2008, 35(1):1-24.
39. Park S.-S., Hancer M. Acomparative study of logit and artificial neural networks in predicting bankruptcy in the hospitality industry. Tourism Economics 2012, 28:311-338.
40. Pickering C.M. Changes in demand for tourism with climate change: a case study of visitation patterns to six ski resorts in Australia. Journal of Sustainable Tourism 2011, 19:767-781.
41. Porter M.E. The competitive advantage of nations 1990, MacMillan, London.
42. Porter M.E. Clusters and the new economics of competition. Harvard Business Review 1998, 76(6):77-90.
43. Porter M.E. Location, competition, and economic development: local clusters in a global economy. Economic Development Quarterly 2000, 14(1):15-34.
44. Rogers E.M. Diffusion of innovation 1995, The Free Press, New York. 4th ed.
45. Saarinen J., Tervo K. Perceptions and adaptation strategies of the tourism industry to climate change: the case of Finnish nature-based tourism entrepreneurs. International Journal of Innovation and Sustainable Development 2007, 1:214-228.
46. Salvanes K.G., Tveterås R. Plant exit, vintage capital and the business cycle. Journal of Industrial Economics 2004, 52(2):255-276.
47. Santarelli E. Start-up size and post-entry performance: the case of tourism services in Italy. Applied Economics 1998, 30:157-163.
48. Scaglione M., Schegg R., Murphy J. Website adoption and sales performance in Valais' hospitality industry. Technovation 2009, 29(9):625-631.
49. Schmidt K. Managerial incentives and product market competition. Review of Economic Studies 1997, 64:191-213.
50. Schöner W., Auer I., Böhm R. Long term trend of snow depth at Sonnblick (Austrian Alps) and its relation to climate change. Hydrological Processes 2009, 23:1052-1063.
51. Sinha R.V., Noble S.H. The adoption of radical manufacturing technologies and firm survival. Strategic Management Journal 2008, 29(9):943-962.
52. Steiger R. The impact of snow scarcity on ski tourism. An analysis of the record warm season 2006/07 in Tyrol (Austria). Tourism Review 2011, 66:4-13.
53. Taylor, M., Yang, X., & Strom, R. (2007). The ski resorts industry in the twenty-first century's first decade a world-wide competition between continents, countries, and regions. North American Case Research Association 2007 annual meeting, 18-20 October, Keystone, USA.
54. Töglhofer C., Eigner F., Prettenthaler F. Impacts of snow conditions on tourism demand in Austrian ski areas. Climate Research 2011, 46:1-14.
55. Wolfsegger C., Gössling S., Scott D. Climate change risk appraisal in the Austrian ski industry. Tourism Review International 2008, 12(1):13-23.