Sep 21, 2010

Articles in journals

Barros, C., Dieke, P., Santos, C.

16

14

This paper analyses technical efficiency of Luanda-Angola hotels with the random frontier model, Greene (2004, 2005). A sample of hotels are analyzed with data from 1990-2007. We rank the hotels according to their technical efficiency, disentangling homogenous and heterogeneous variables for the period. It is concluded that the random frontier models describes adequately the hotels efficiency, identifying heterogeneous variables (revpar, profits and the cross product of revpar and profits).The other variables are homogenous. Efficient rankings are presented. Economic implications arising from the study are considered.

Hotels,Luanda, Angola,Efficiency,Random frontier model