Tourism efficiency of V4 countries: a comparison with Austria Cover Image

Tourism efficiency of V4 countries: a comparison with Austria
Tourism efficiency of V4 countries: a comparison with Austria

Author(s): Roman Lacko, Pavol Andrejovský, Zuzana Hajduová
Subject(s): Business Economy / Management, Methodology and research technology, Accounting - Business Administration, Human Resources in Economy
Published by: Univerzita J. Selyeho, Fakulta ekonómie a informatiky
Keywords: tourism; efficiency; DEA;Visegrad four

Summary/Abstract: Countries compare themselves to each other in tourism and look for processesin which they could be more competitive. However, these comparisons are inadequatein many cases. Countries have different tourist attractions, so one measure that issuccessful in one country may not be successful in another. The goal of this study is,based on several factors, to advance the proposal of a comparison of several countriesbased on multi-criteria analyses and to measure the efficiency of the Visegrad Fourcountries and Austria. For this purpose, the Data envelopment analysis methodwas used, specifically the CRS and VRS input models. Four input variables and twooutput variables were used. The result of this study is a comparison of the efficiency ofthe countries, in which the differences between the countries of Central Europe werefound. For example, Poland lags significantly behind the efficiency of other countries. Onthe other hand, Austria and Slovakia are among the most efficient countries compared.We also pointed out the weak relationship between the area of protected areas,the GDP generated by tourism, and the occupancy of beds in accommodation facilities.These findings may impact the creation of policies and consider the effectivenessof investments in the tourism industry.

  • Issue Year: 11/2022
  • Issue No: 1
  • Page Range: 64-76
  • Page Count: 13
  • Language: English