A quantile regression analysis of tourism market growth effect on the hotel industry [Summary]

dc.contributor.authorChen, Ming-Hsiangen
dc.date.accessioned2018-09-26T20:58:13Zen
dc.date.available2018-09-26T20:58:13Zen
dc.date.issued2016-01en
dc.description.abstractThis study investigates how inbound tourism market growth proxied by the growth rate of total foreign tourist arrivals (GTA) affects the growth rate of sales (GS) and financial performance of hotel firms in Taiwan. The ordinary least squares estimation results of panel regression test revealed that GTA significantly affects GS, but has no significant effect on financial performance (proxied by hotel equity return). However, quantile regression tests revealed new and interesting results. GTA has a significant effect on GS at the different quantiles of GS. In comparison, although hotel equity return was not significantly related to GTA at the median and high quantiles, the effect of GTA on hotel equity return was statistically significant at the low quantiles.en
dc.format.mimetypeapplication/pdfen
dc.identifier.urihttp://hdl.handle.net/10919/85148en
dc.language.isoen_USen
dc.publisherVirginia Techen
dc.rightsCreative Commons Attribution 4.0 Internationalen
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/en
dc.subjectInbound tourismen
dc.subjectmarketen
dc.subjectSalesen
dc.subjectFinancial performanceen
dc.subjectQuantile regressionen
dc.subjectHotel industryen
dc.titleA quantile regression analysis of tourism market growth effect on the hotel industry [Summary]en
dc.title.serialInternational Journal of Hospitality Managementen
dc.typeSummaryen
dc.type.dcmitypeTexten

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