Corporate Growth and Total Factory Productivity in Tourism Cover Image

Корпоративен растеж и обща факторна производителност в туризма
Corporate Growth and Total Factory Productivity in Tourism

Author(s): Snezhinka Konstantinova, Asen Konarev
Subject(s): Economy, Tourism
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: growth; corporation; factors; productivity; tourism
Summary/Abstract: A survey of corporate growth in tourism was sampled from 13 public tourism companies, for period 2007-2018. The indicators are selected and models of the different types of growth are drawn up. On this basis, the level and growth rates are determined, showing that corporate growth and investment dynamics are low and returns are sharply declining. The analysis of the type of growth indicates that extensive growth prevails. To investigate the impact of total factor productivity on growth, two models were compiled. On their basis proves that total factor productivity has had a strong negative impact on corporate growth.