The economic efficiency of the tourism industry: A global comparison

Sharon Hadad, Yossi Hadad, Miki Malul, Mosi Rosenboim

Research output: Contribution to journalArticlepeer-review

40 Scopus citations

Abstract

Although the measurement of efficiency and productivity in the tourism industry at the micro level has been the subject of considerable research in recent years, there has been little research at the macro level. Using data envelopment analysis, this paper analyses the efficiency of the tourism sector in 105 countries, including 34 developed and 71 developing countries. It finds that globalization and accessibility are critical for the efficiency of the tourism sector in developing countries and that labour productivity may be a good proxy for the efficiency of the aggregate tourism industry.

Original languageEnglish
Pages (from-to)931-940
Number of pages10
JournalTourism Economics
Volume18
Issue number5
DOIs
StatePublished - 1 Oct 2012

Keywords

  • DEA
  • Data envelopment analysis
  • Ranking methods
  • Tourism industry

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