Efficiency evaluation of A-group travel agencies with data envelopment analysis (DEA): A case study in the Antalya region, Turkey

Köksal, Can Deniz; Aksu, A. Akın

doi:10.1016/j.tourman.2006.05.013

Cited by 96 publications

(60 citation statements)

References 5 publications

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“…Usually these studies not only evaluate firm efficiency but focus also on its determinants. DEA methods were used to assess firm efficiency in studies such as those of Ramírez-Hurtado and Contreras (2016), Assaf et al (2011), Fuentes (2011 or Köksal and Aksu (2007).…”

Section: Literature Reviewmentioning

confidence: 99%

“…A higher concentration of travel agents around town centres has a positive impact on the level of efficiency. Köksal and Aksu (2007) measured the efficiency of 24 travel agencies operating in Turkey in the year 2004. Authors rejected the hypothesis that the type of ownership of the travel agencies (operating independently or under a chain brand) influences a unit's efficiency score.…”

Section: Literature Reviewmentioning

confidence: 99%

“…Data envelopment analysis non-parametric approach is the most frequently used method for analysing the economic efficiency of firms in tourism (e.g. Bell and Morey, 1995;Anderson et al, 1999;Barros and Matias, 2006;Köksal and Aksu, 2007;Sellers-Rubio and Nicolau-Gonzálbez, 2009;Assaf et al, 2011;Fuentes, 2011). In comparison to SFA, the advantage of DEA is that it does not require a specification of the production function and the results do not suffer from functional form misspecification.…”

Section: Introductionmentioning

confidence: 99%

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Is profitability a good proxy for efficiency? Evidence from the subsector of tour operators

Hedija

Fiala

Kuncová

2017

Review of Economic Perspectives

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Abstract:The goal of the paper is to evaluate the economic efficiency of tour operators in the Czech Republic in the period 2007-2014 using data envelopment analysis (DEA) models and prove the link between economic efficiency and profitability and to find out if profitability is a good proxy for economic efficiency. Data was exported from the database Albertina CZ Gold Edition. We calculated the efficiency score using CCR (Charnes, Cooper and Rhodes) and BCC (Banker, Charnes and Cooper) models based on 3 inputs and 1 output. In the years 2007 to 2010, the efficiency score of almost all the companies was higher than 0.5; however, in years since 2011, we revealed significant differences in the efficiency of individual firms and only about 40 percent of tour operators achieved an efficiency score higher than 0.5. Using Pearson and Spearman correlation coefficients, our findings show that, in the case of the Czech tour operator market, profitability ratios do not correspond with firm efficiency. Profitability ratios are not a good proxy for economic efficiency and should not be used as the only firm criterion of performance.

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Section: Literature Reviewmentioning

confidence: 99%

Section: Literature Reviewmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

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Is profitability a good proxy for efficiency? Evidence from the subsector of tour operators

Hedija

Fiala

Kuncová

2017

Review of Economic Perspectives

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“…DEA is to evaluate is the use of mathematical programming model with multiple input and, especially, the decision making unit (DMU) relative effectiveness [3]. DEA is a kind of "data" oriented evaluation method, is used to evaluate a set of decision making units with multiple input and multiple output performance and relative efficiency.…”

Section: Overview Of Dea Modelmentioning

confidence: 99%

The Research on Efficiency Evaluation and Optimization of Eco-tourism in Coastal Zone Based on Data Envelopment Analysis

Pan¹,

Zhao²,

Zhang³

et al. 2015

Proceedings of the 2015 International Conference on Education Technology, Management and Humanities Science

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Abstract. This paper is based on ecology, environmental ecology, ecological carrying capacity and sustainable development, Marine science, economics, regional tourism development, DEA and other disciplines theory, according to the requirements of the condition of ecological tourist area determine, designs the evaluation project type coastal ecological tourist area and the evaluation scoring method of China's main coastal city ecological tourism environment quality evaluation, the DEA method is used for Chinese coastal city ecotourism development efficiency evaluation, and analyzes the evaluation results, put forward the optimized path.

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“…Moreover, Koksal and Aksu, (2007) considered three inputs, the number of staff, annual expenses and service capacity and one output variable, the number of customers to explore the efficiency of travel agencies in the Turkey. There are few studies to measure the efficiency of travel agencies that can be attributed to the lack of data.…”

Section: Introductionmentioning

confidence: 99%

Exploring the efficiency of international tourism development in an emerging market

Kao¹,

Lin²,

Lai³

et al. 2011

Afr. J. Bus. Manage.

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Efficiency evaluation of A-group travel agencies with data envelopment analysis (DEA): A case study in the Antalya region, Turkey

Cited by 96 publications

References 5 publications

Is profitability a good proxy for efficiency? Evidence from the subsector of tour operators

Is profitability a good proxy for efficiency? Evidence from the subsector of tour operators

The Research on Efficiency Evaluation and Optimization of Eco-tourism in Coastal Zone Based on Data Envelopment Analysis

Exploring the efficiency of international tourism development in an emerging market

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