Identificador persistente para citar o vincular este elemento: http://hdl.handle.net/10553/135655
Título: Productivity growth of Spanish tourist wineries using a directional distance approach
Autores/as: Hernández Guedes, Christian 
Pérez Rodríguez, Jorge Vicente 
Clasificación UNESCO: 531290 Economía sectorial: turismo
Palabras clave: Directional Distance Function
Luenberger-Hicks-Moorsteen Index
Productivity
Wine Tourism
Wineries
Fecha de publicación: 2024
Publicación seriada: Tourism Economics 
Resumen: This paper analyses, in a two-step procedure, the productivity growth of 69 Spanish wineries (period 1998-2022) which offer tourism activities at their installations. To do so, we firstly calculate the total factor productivity (TFP) change using a directional distance function (DDF) and the Luenberger-Hicks-Moorsteen (LHM) TFP indicator introduced by Ang and Kerstens (2017), which allows us to correctly distinguish between technological change (TC), technical inefficiency change (TINC) and scale inefficiency change (SINC). Although a high efficiency is found in median terms, productivity decreased during the period in cumulative terms. This is explained by two contrasting forces: a positive TINC and SINC, and a negative TC. In a second step, we analyse the effect of some factors on TFP change and its components using a dynamic panel data model. Several practical implications are proposed based on these outcomes.
URI: http://hdl.handle.net/10553/135655
ISSN: 1354-8166
DOI: 10.1177/13548166241307412
Fuente: Tourism Economics[ISSN 1354-8166], (Enero 2024)
Colección:Artículos
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