{"title":"The efficiency of the tourism industry in Greece during the economic crisis (2008 - 2016)","authors":"Panagiotis Pegkas","doi":"10.54055/ejtr.v32i.2376","DOIUrl":null,"url":null,"abstract":"This paper investigates the efficiency of the tourism industry in Greek regions during the economic crisis (2008 – 2016). It applies the methodology of stochastic frontier analysis that allows us to estimate the regional efficiency scores and rankings. The results show that the tourism industry in Greece enjoys high average efficiency levels and seems to not fall behind in comparison to its competitors. The regions of South Aegean and Crete are regarded as the leaders in the efficiency ranking. Greece, in order to achieve more economic, social, and cultural benefits from tourism should continue the structural reforms, improving the prospects of the sector.","PeriodicalId":51784,"journal":{"name":"European Journal of Tourism Research","volume":null,"pages":null},"PeriodicalIF":2.9000,"publicationDate":"2022-08-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"1","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"European Journal of Tourism Research","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.54055/ejtr.v32i.2376","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"HOSPITALITY, LEISURE, SPORT & TOURISM","Score":null,"Total":0}
引用次数: 1
Abstract
This paper investigates the efficiency of the tourism industry in Greek regions during the economic crisis (2008 – 2016). It applies the methodology of stochastic frontier analysis that allows us to estimate the regional efficiency scores and rankings. The results show that the tourism industry in Greece enjoys high average efficiency levels and seems to not fall behind in comparison to its competitors. The regions of South Aegean and Crete are regarded as the leaders in the efficiency ranking. Greece, in order to achieve more economic, social, and cultural benefits from tourism should continue the structural reforms, improving the prospects of the sector.
期刊介绍:
The European Journal of Tourism Research is an open access academic journal in the field of tourism, published by Varna University of Management, Bulgaria. Its aim is to provide a platform for discussion of theoretical and empirical problems in tourism. Publications from all fields, connected with tourism such as tourism management, tourism marketing, tourism sociology, psychology in tourism, tourism geography, political sciences in tourism, mathematics, tourism statistics, tourism anthropology, culture and tourism, heritage and tourism, national identity and tourism, information technologies in tourism and others are invited.