Research on the Operating Efficiency of Chinese Listed Tourism Companies Based on DEA-Malmquist Model

Proceedings of the 2021 4th International Conference on E-Business, Information Management and Computer Science Pub Date : 2021-12-29 DOI:10.1145/3511716.3511775

Xiao-jun Hu

{"title":"Research on the Operating Efficiency of Chinese Listed Tourism Companies Based on DEA-Malmquist Model","authors":"Xiao-jun Hu","doi":"10.1145/3511716.3511775","DOIUrl":null,"url":null,"abstract":"Abstract: In this paper, the DEA-Malmquist model is used to estimate static and dynamic efficiency of 27 publicly-listed Chinese tourism companies from 2014 to 2019. The companies’ developments are discussed from these aspects: operation characteristics of these companies, elements influencing the change of total factor productivity, differences in the operational efficiency of different types of listed companies. The results indicate: huge differences exist in the operating efficiency of the listed tourism companies in China; low scale efficiency is the principal reason causing the low technological efficiency; total factor productivity improvement is mainly attributed to technical progress; remarkable differences exist in the operational efficiency of different types of publicly-listed tourism companies, with the lowest technological efficiency value reported in tourism companies specialized in hotels, a relatively lower total factor productivity growth in the listed tourism companies in the scenic spot sector, and the highest operating efficiency in the tourism companies engaged in comprehensive businesses","PeriodicalId":105018,"journal":{"name":"Proceedings of the 2021 4th International Conference on E-Business, Information Management and Computer Science","volume":"29 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2021-12-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"1","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Proceedings of the 2021 4th International Conference on E-Business, Information Management and Computer Science","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1145/3511716.3511775","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}

引用次数: 1

Abstract

Abstract: In this paper, the DEA-Malmquist model is used to estimate static and dynamic efficiency of 27 publicly-listed Chinese tourism companies from 2014 to 2019. The companies’ developments are discussed from these aspects: operation characteristics of these companies, elements influencing the change of total factor productivity, differences in the operational efficiency of different types of listed companies. The results indicate: huge differences exist in the operating efficiency of the listed tourism companies in China; low scale efficiency is the principal reason causing the low technological efficiency; total factor productivity improvement is mainly attributed to technical progress; remarkable differences exist in the operational efficiency of different types of publicly-listed tourism companies, with the lowest technological efficiency value reported in tourism companies specialized in hotels, a relatively lower total factor productivity growth in the listed tourism companies in the scenic spot sector, and the highest operating efficiency in the tourism companies engaged in comprehensive businesses

查看原文本刊更多论文

基于DEA-Malmquist模型的中国旅游上市公司经营效率研究

摘要:本文采用DEA-Malmquist模型对中国27家旅游上市公司2014 - 2019年的静态和动态效率进行了估算。本文从上市公司的经营特征、影响全要素生产率变化的因素、不同类型上市公司经营效率的差异等方面对上市公司的发展进行了探讨。研究结果表明:中国旅游上市公司的经营效率存在巨大差异;规模效率低是造成技术效率低的主要原因;全要素生产率的提高主要归功于技术进步;不同类型旅游上市公司的经营效率存在显著差异，酒店类旅游上市公司的技术效率值最低，景区类旅游上市公司的全要素生产率增长率相对较低，从事综合业务的旅游上市公司的经营效率最高

本文章由计算机程序翻译，如有差异，请以英文原文为准。

求助全文

约1分钟内获得全文求助全文

来源期刊

Proceedings of the 2021 4th International Conference on E-Business, Information Management and Computer Science

自引率

0.00%

发文量