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Persistent link: https://www.econbiz.de/10009232959
This paper analyses the cost efficiency of Angola-Luanda hotels using a Bayesian stochastic frontier model. The results confirm that Luanda hotels have increased their cost efficiency over the period of study to reach an overall average of 67.11%. Results from the returns to scale also indicate...
Persistent link: https://www.econbiz.de/10010621083
This paper analyzes the technical efficiency of the Lisbon police precincts in order to investigate its performance. A stochastic cost frontier model is used to generate efficiency scores, assuming that efficiency is time varying. It investigates its efficiency and finds that the results are, at...
Persistent link: https://www.econbiz.de/10005705438
Persistent link: https://www.econbiz.de/10011341916
Purpose: This paper aims to serve as an important guide for more rigorous quantitative research in tourism and hospitality. Design/methodology/approach: This paper relies on comments from several methodological experts in the field, as well as the authors’ main observation of the literature....
Persistent link: https://www.econbiz.de/10012069023
Purpose: This paper aims to present several Bayesian specification tests for both in- and out-of-sample situations. Design/methodology/approach: The authors focus on the Bayesian equivalents of the frequentist approach for testing heteroskedasticity, autocorrelation and functional form...
Persistent link: https://www.econbiz.de/10012185195
Purpose: This paper aims to foster a new discussion on endogeneity in hospitality and tourism research. Design/methodology/approach: This paper elaborates on some of the common sources of endogeneity and the methods available to address them. Findings: The authors present a variety of methods...
Persistent link: https://www.econbiz.de/10012275790
Purpose: This paper aims to focus on addressing endogeneity using instrument-free methods. The authors discuss some extensions to well-known techniques. Design/methodology/approach: This paper discusses some attractive methods to address endogeneity without the need for instruments. The methods...
Persistent link: https://www.econbiz.de/10012811444
Persistent link: https://www.econbiz.de/10003980312
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