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Exploring the research impact of Professor Efthymios (Mike) Tsionas

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  • Nickolaos G Tzeremes

Abstract

This paper provides a literature review of Professor Efthymios (Mike) Tsionas’ influential contributions to the fields of econometrics and tourism economics. Tsionas’ research spans a broad spectrum of methodological advancements and empirical analyses, focusing particularly on Bayesian inference, stochastic frontier models, and efficiency and productivity estimation. In econometrics, Tsionas’ work has significantly advanced the understanding and application of Bayesian methods for modeling complex relationships and uncertainties in economic data. His research has contributed to the development of innovative techniques for efficiency and productivity estimation, offering valuable insights into the determinants and dynamics of firm performance across various industries. Tsionas’ contributions to tourism economics have shed light on the dynamics of the tourism industry, including topics such as destination management, hospitality operations, and the economic impact of tourism. Overall, Tsionas’ methodological advancements and empirical analyses continue to shape research agendas and drive innovations in econometrics and tourism economics.

Suggested Citation

  • Nickolaos G Tzeremes, 2025. "Exploring the research impact of Professor Efthymios (Mike) Tsionas," Tourism Economics, , vol. 31(1), pages 3-13, February.
    • Handle: RePEc:sae:toueco:v:31:y:2025:i:1:p:3-13
    DOI: 10.1177/13548166241246818
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    References listed on IDEAS

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    1. Efthymios G. Tsionas, 2006. "Inference in dynamic stochastic frontier models," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 21(5), pages 669-676, July.
    2. Efthymios G. Tsionas, 1999. "Distribution‐free posterior analysis of econometric models," Applied Stochastic Models in Business and Industry, John Wiley & Sons, vol. 15(3), pages 147-168, July.
    3. Tsionas, Mike G., 2019. "Multi-objective optimization using statistical models," European Journal of Operational Research, Elsevier, vol. 276(1), pages 364-378.
    4. Tsionas, Mike G., 2018. "A Bayesian approach to find Pareto optima in multiobjective programming problems using Sequential Monte Carlo algorithms," Omega, Elsevier, vol. 77(C), pages 73-79.
    5. Assaf, A. George & Tsionas, Mike, 2018. "The estimation and decomposition of tourism productivity," Tourism Management, Elsevier, vol. 65(C), pages 131-142.
    6. Efthymios G. Tsionas, 2002. "Stochastic frontier models with random coefficients," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 17(2), pages 127-147.
    7. Efthymios Tsionas, 2001. "Regional Convergence and Common, Stochastic Long-run Trends: A Re-examination of the US Regional Data," Regional Studies, Taylor & Francis Journals, vol. 35(8), pages 689-696.
    8. Tsionas, Efthymios G., 2001. "P-STAR analysis in a converging economy: the case of Greece," Economic Modelling, Elsevier, vol. 18(1), pages 49-60, January.
    9. Assaf, A. George & Tsionas, Mike & Oh, Haemoon, 2018. "The time has come: Toward Bayesian SEM estimation in tourism research," Tourism Management, Elsevier, vol. 64(C), pages 98-109.
    10. Feinerer, Ingo & Hornik, Kurt & Meyer, David, 2008. "Text Mining Infrastructure in R," Journal of Statistical Software, Foundation for Open Access Statistics, vol. 25(i05).
    11. Efthymios G. Tsionas, 2005. "Likelihood Evidence on the Asset Returns Puzzle," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 72(3), pages 917-946.
    12. Tsionas, Mike G. & Assaf, A. George, 2021. "Compression in stochastic frontier models," Annals of Tourism Research, Elsevier, vol. 88(C).
    13. Tsionas, Efthymios G., 2000. "Bayesian model comparison by Markov chain simulation: Illustration using stock market data," Research in Economics, Elsevier, vol. 54(4), pages 403-416, December.
    14. Efthymios Tsionas, 2003. "Inflation and Productivity: Empirical Evidence from Europe," Review of International Economics, Wiley Blackwell, vol. 11(1), pages 114-129, February.
    15. Assaf, A. George & Tsionas, Efthymios G., 2015. "Incorporating destination quality into the measurement of tourism performance: A Bayesian approach," Tourism Management, Elsevier, vol. 49(C), pages 58-71.
    16. Efthymios G. Tsionas, 2007. "Efficiency Measurement with the Weibull Stochastic Frontier," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 69(5), pages 693-706, October.
    17. Tsionas, Efthymios G., 2003. "Combining DEA and stochastic frontier models: An empirical Bayes approach," European Journal of Operational Research, Elsevier, vol. 147(3), pages 499-510, June.
    18. Tsionas, Efthymios G. & George Assaf, A., 2014. "Short-run and long-run performance of international tourism: Evidence from Bayesian dynamic models," Tourism Management, Elsevier, vol. 42(C), pages 22-36.
    19. Efthymios Tsionas, 2000. "Regional Growth and Convergence: Evidence from the United States," Regional Studies, Taylor & Francis Journals, vol. 34(3), pages 231-238.
    20. Tsionas, Mike G., 2024. "A generalized inefficiency model with input and output dependence," European Journal of Operational Research, Elsevier, vol. 312(1), pages 315-323.
    21. Tsionas, Mike G., 2020. "Bounded rationality and thick frontiers in stochastic frontier analysis," European Journal of Operational Research, Elsevier, vol. 284(2), pages 762-768.
    22. Tsionas, Efthymios G., 2012. "Maximum likelihood estimation of stochastic frontier models by the Fourier transform," Journal of Econometrics, Elsevier, vol. 170(1), pages 234-248.
    23. George Assaf, A. & Josiassen, Alexander & Woo, Linda & Agbola, Frank W. & Tsionas, Mike, 2017. "Destination characteristics that drive hotel performance: A state-of-the-art global analysis," Tourism Management, Elsevier, vol. 60(C), pages 270-279.
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    Keywords

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    JEL classification:

    • C11 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Bayesian Analysis: General
    • C14 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Semiparametric and Nonparametric Methods: General
    • Z30 - Other Special Topics - - Tourism Economics - - - General

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