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Are multi-resort ski conglomerates more efficient?

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  • Martin Falk

    (Austrian Institute of Economic Research (WIFO), Vienna, Austria)

Abstract

This paper compares the efficiency of large ski resort conglomerates with independent ski resorts using data on four countries (Canada, France, United States, Switzerland). Using the stochastic frontier production approach, I find that ski resorts that are owned and managed by the Intrawest group are significantly more efficient than independent ski resorts. The efficiency gap is about nine percentage points on average. The remaining ski resort conglomerates (American Skiing, Vail Resorts Inc., and Compagnie des Alpes SA) do not operate more efficiently than independent ski resorts. Copyright © 2009 John Wiley & Sons, Ltd.

Suggested Citation

  • Martin Falk, 2009. "Are multi-resort ski conglomerates more efficient?," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 30(8), pages 529-538.
  • Handle: RePEc:wly:mgtdec:v:30:y:2009:i:8:p:529-538
    DOI: 10.1002/mde.1470
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    File URL: http://hdl.handle.net/10.1002/mde.1470
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    References listed on IDEAS

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    Cited by:

    1. repec:eee:touman:v:36:y:2013:i:c:p:650-657 is not listed on IDEAS
    2. Martin Falk, 2011. "International Price Differences in Ski Lift Tickets," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 147(III), pages 303-336, September.
    3. Falk, Martin & Hagsten, Eva, 2017. "Climate Zone Crucial for Efficiency of Ski Lift Operators," MPRA Paper 77517, University Library of Munich, Germany.

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