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2010
- ISSN: 2010-0248 (Print)
- Abbreviated Title: Int. J. Innov. Manag. Technol.
- Frequency: Quarterly
- DOI: 10.18178/IJIMT
- Editor-in-Chief: Prof. Jin Wang
- Managing Editor: Ms. Nancy Y. Liu
- Abstracting/ Indexing: Google Scholar, CNKI, Ulrich's Periodicals Directory, Crossref, Electronic Journals Library.
E-mail: editor@ijimt.org
- Article Processing Charge: 500 USD
DOI: 10.7763/IJIMT.2012.V3.256
Technological Efficiency of Hotel Industry in China and Its Influencing Factors
Abstract—Based on regional panel data of China, this paper employ the two-stage stochastic frontier analysis (SFA) model to evaluate the technological efficiency of hotel industry during the period of 2002 to 2008. Second, the impact intensity of the industry structure, development of tourism industry and regional economy on the technological efficiency are measured. The results show that the generally trends are upward, and the increase of capital and labor inputs will continue to serve as the primary mean to develop regional hotel industry. Furthermore, the development of hotel industry is highly related to the booming of tourism industry and regional economy. Those state-owned hotels are evidently technological inefficient. Finally, policy implications and limitations are discussed.
Index Terms—Hotel Industry, influencing factors, SFA, technological efficiency.
The Authors are with the school of Management, University of Science and Technology of China, Anhui, China (e-mail: tuoniao@mail.ustc.edu.cn;box@ustc.edu.cn)
Cite: Xing Shi and Dingtao Zhao, "Technological Efficiency of Hotel Industry in China and Its Influencing Factors," International Journal of Innovation, Management and Technology vol. 3, no. 4, pp. 368 -373 , 2012.