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DOI | 10.1177/1354816619868117 |
Size facilitates profitable ski lift operations | |
Falk, Martin1; Steiger, Robert2 | |
发表日期 | 2019 |
ISSN | 1354-8166 |
EISSN | 2044-0375 |
英文摘要 | The book profits of 220 ski lift operators in Austria are analysed in order to identify the determinants relevant for business success. The median ratio of accounting profits to total assets was zero in 2013, while 43% had negative 'book' profits and another 12% had zero profits. Results using quantile regressions show that the ratio of book profits to total assets depends significantly on total length of ski slopes (size), maximum altitude of ski lifts, presence of a neighbour close by, the availability of nearby accommodation and the share of foreign overnight stays. Size usually has the greatest effect, which is even more pronounced in the lower part of the conditional distribution of the book profit ratio. Since size is the most important driver of the profit ratio, it can be expected that the pressure on, so far, untapped high alpine terrain will increase in the future. |
WOS研究方向 | Business & Economics ; Social Sciences - Other Topics |
来源期刊 | TOURISM ECONOMICS
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文献类型 | 期刊论文 |
条目标识符 | http://gcip.llas.ac.cn/handle/2XKMVOVA/101983 |
作者单位 | 1.Austrian Inst Econ Res WIFO, Vienna, Austria; 2.Univ Innsbruck, Dept Publ Finance, Innrain 52, A-6020 Innsbruck, Austria |
推荐引用方式 GB/T 7714 | Falk, Martin,Steiger, Robert. Size facilitates profitable ski lift operations[J],2019. |
APA | Falk, Martin,&Steiger, Robert.(2019).Size facilitates profitable ski lift operations.TOURISM ECONOMICS. |
MLA | Falk, Martin,et al."Size facilitates profitable ski lift operations".TOURISM ECONOMICS (2019). |
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