6533b7cffe1ef96bd1258d08
RESEARCH PRODUCT
Ranking world tourist destinations with a composite indicator of competitiveness: To weigh or not to weigh?
Andrés J. Picazo-tadeoMafalda Gómez-vegasubject
Truncated regression modelBootstrappingStrategy and Management05 social sciencesTransportationDevelopmentDestinationsComposite indicatorRankingTourism Leisure and Hospitality Management0502 economics and businessData envelopment analysisRegional scienceTourist destinations050211 marketingBusiness050212 sport leisure & tourismTourismdescription
Abstract This paper contributes a weighted composite indicator of competitiveness for 136 world tourist destinations. To that end, Data Envelopment Analysis and Multi-Criteria-Decision-Making techniques are used with raw indicators from the 2017 edition of the Travel & Tourism Competitiveness Report of the World Economic Forum (WEF). An outstanding feature of our approach is that weights are endogenously generated. Furthermore, the role played by several variables in tourism competitiveness is assessed using truncated regression and bootstrapping. The ranking of world tourist destinations produced by our weighted composite indicator of competitiveness is, however, fairly similar to that derived from the unweighted indicator provided by the WEF. Furthermore, we also find that several economic, geographical, cultural and political features are significant determinants of the competitiveness of tourist destinations.
| year | journal | country | edition | language |
|---|---|---|---|---|
| 2019-06-01 | Tourism Management |