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Exploring Competitiveness in Mediterranean Resorts

Author

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  • Andreas Papatheodorou

    (School of Management Studies for the Service Sector, University of Surrey, Guildford, Surrey GU2 7XH, UK)

Abstract

This paper examines competitiveness and efficiency issues related to destinations in the Mediterranean region. Following a detailed discussion on methodology, a hedonic analysis is performed, in which the price of holiday packages is regressed on a number of package characteristics and operator and location scaling factors. Those that are statistically significant among the latter are subsequently used in a second-step correlation framework, which aims to offer a valid interpretation of the observed price differentials among core and peripheral holiday destinations. On these grounds, a number of policy measures are finally discussed.

Suggested Citation

  • Andreas Papatheodorou, 2002. "Exploring Competitiveness in Mediterranean Resorts," Tourism Economics, , vol. 8(2), pages 133-150, June.
    • Handle: RePEc:sae:toueco:v:8:y:2002:i:2:p:133-150
    DOI: 10.5367/000000002101298034
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    References listed on IDEAS

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    3. Mark Dickie & Charles Delorme & Jeffrey Humphreys, 1997. "Hedonic prices, goods-specific effects and functional form: inferences from cross-section time series data," Applied Economics, Taylor & Francis Journals, vol. 29(2), pages 239-249.
    4. W. M. Gorman, 1980. "A Possible Procedure for Analysing Quality Differentials in the Egg Market," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 47(5), pages 843-856.
    5. Andreas Papatheodorou, 1999. "The demand for international tourism in the Mediterranean region," Applied Economics, Taylor & Francis Journals, vol. 31(5), pages 619-630.
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