Keywords: Panel Tobit model
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Journal Articles
International Journal of Contemporary Hospitality Management (2014) 26 (8): 1140–1161.
Published: 04 November 2014
... are the underlying determinants of the score of efficiency and the change of efficiency? To answer the first question, we apply the BCC DEA model (Banker et al., 1984) and the Malmquist productivity index. To answer the second question, a panel Tobit model is estimated to uncover cross-sectional factors...

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