doi: 10.7763/IJIMT.2012.V3.256
Technological Efficiency of Hotel Industry in China and Its Influencing Factors
Xing Shi
,
Dingtao Zhao
- school of Management, University of Science and Technology of China, Anhui, China
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.
Keywords
- Hotel Industry
- influencing factors
- SFA
- technological efficiency
How to 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. https://doi.org/10.7763/IJIMT.2012.V3.256
Copyright & License
Copyright © 2012 by the authors. This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited (CC BY 4.0).