Cost structure and productivity growth of the Taiwanese international tourist hotels

Economics

Keywords

cost structure, scale economies, scope economies, productivity growth, hotel industry

Research output: Working paper

Published

Standard

Cost structure and productivity growth of the Taiwanese international tourist hotels. / Chen, C F; Soo, K T.
Lancaster University: The Department of Economics, 2006. (Economics Working Paper Series).

Research output: Working paper

Harvard

Chen, CF & Soo, KT 2006 'Cost structure and productivity growth of the Taiwanese international tourist hotels' Economics Working Paper Series, The Department of Economics, Lancaster University.

APA

Chen, C. F., & Soo, K. T. (2006). Cost structure and productivity growth of the Taiwanese international tourist hotels. (Economics Working Paper Series). The Department of Economics.

Vancouver

Chen CF, Soo KT. Cost structure and productivity growth of the Taiwanese international tourist hotels. Lancaster University: The Department of Economics. 2006. (Economics Working Paper Series).

Author

Chen, C F ; Soo, K T. / Cost structure and productivity growth of the Taiwanese international tourist hotels. Lancaster University : The Department of Economics, 2006. (Economics Working Paper Series).

Bibtex

@techreport{bb10a3593a1d4925b1831b28f61da402,

title = "Cost structure and productivity growth of the Taiwanese international tourist hotels",

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",

author = "Chen, {C F} and Soo, {K T}",

year = "2006",

language = "English",

series = "Economics Working Paper Series",

publisher = "The Department of Economics",

type = "WorkingPaper",

institution = "The Department of Economics",

}

RIS

TY - UNPB

T1 - Cost structure and productivity growth of the Taiwanese international tourist hotels

AU - Chen, C F

AU - Soo, K T

PY - 2006

Y1 - 2006

N2 - 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.

AB - 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.

KW - cost structure

KW - scale economies

KW - scope economies

KW - productivity growth

KW - hotel industry

M3 - Working paper

T3 - Economics Working Paper Series

BT - Cost structure and productivity growth of the Taiwanese international tourist hotels

PB - The Department of Economics

CY - Lancaster University

ER -

Research

Keywords