A review of research into performance modeling in tourism research - Launching the Annals of Tourism Research curated collection on performance modeling in tourism research. (May 2019)

• Record Type: Journal Article
• Authors: Assaf, A. George; Tsionas, Mike G.
• Is Part Of: Annals of tourism research. Volume 76(2019)
• Page Start: 266
• Page End: 277
• Publication Date: 2019-05
• Subjects: Performance modeling -- Frontier models -- Tourism performance; Tourism -- Periodicals
• DOI: 10.1016/j.annals.2019.04.010
• Languages: English
• ISSNs: 0160-7383

Abstract

Abstract: This paper presents a review of performance modeling in tourism research, with special focus on frontier models. We discuss the current status of the literature, identify the gaps, and highlight directions for future improvements across both parametric and non-parametric methodologies. More specifically, we elaborate on key methodological issues including endogeneity, bad outputs, dynamic formulations, heterogeneity, Bayesian estimation, bootstrapping, and stochastic DEA. For each of these areas we discuss and introduce some recent methodological breakthroughs that have been largely ignored in the tourism literature. This article launches a Curated Collection on performance modeling in tourism research, containing all articles published in Annals on the topic. Highlights: We present a review of performance modeling in tourism research, with special focus on frontier models. We distinguish between non-parametric and parametric methods. We elaborate on key methodological problems and provide recommendations and directions for future research.