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| Tekijä: | Barros, C. P. Matias, A. |
| Otsikko: | Assessing the efficiency of travel agencies with a stochastic cost frontier: a Portuguese case study |
| Lehti: | International Journal of Tourism Research
2006 : VOL. 8:5, p. 367-379 |
| Asiasana: | Portugal |
| Vapaa asiasana: | travel agencies Cobb-Douglas cost frontier model technical efficiency |
| Kieli: | eng |
| Tiivistelmä: | This paper uses an econometric frontier model to evaluate technical efficiency of a sample of Portuguese travel agencies. The model encompasses a Cobb-Douglas cost frontier approach, and makes use of financial variables to generate the travel agencies' efficiency scores. It is concluded that the efficiency scores are, at best, mixed. A policy is then derived for guiding management teams, as far as this specific sector is concerned. |
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