Abstract

This article intends firstly to estimate tourism productivity in 208 countries in the years 1990, 1995, 2000, and 2004. Secondly, it analyzes if the differential of productivity across countries could be due to some structural characteristics of the countries themselves. The study uses a stochastic production frontier approach and a technical efficiency model to analyze the determinants of efficiency across countries. Private capital and labor result to be more influential than public capital on the number of arrivals. The results suggest that the tertiary school enrolment, the level of communication technologies, and the country openness to international trade all significantly contribute to efficiency.

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