Assessing the efficiency of travel agenc
Assessing the efficiency of travel agencies with a stochastic cost frontier: a Portuguese case study
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Carlos Pestana Barros; Γlvaro Matias
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Article
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2006
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John Wiley and Sons
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English
β 137 KB
This paper uses an econometric frontier model to evaluate the technical efficiency of a sample of Portuguese travel agencies. The model encompasses a Cobb-Douglas cost frontier approach, with data running from 2000 to 2004, and makes use of financial variables to generate the travel agencies' effici