Please use this identifier to cite or link to this item: http://scholarbank.nus.edu.sg/handle/10635/15431
Title: Productivity and efficiency of hotels in Singapore
Authors: KONG YUEN CHIN
Keywords: Total Factor Productivity Growth, Technical Change, Technical Efficiency, Knowledge Diffusion, Sectors, Hotel.
Issue Date: 9-Aug-2006
Source: KONG YUEN CHIN (2006-08-09). Productivity and efficiency of hotels in Singapore. ScholarBank@NUS Repository.
Abstract: Low productivity growth in the hotel sector is a growing concern for Singapore in the next lap of a??developeda?? status. To address its challenges, this dissertation has four objectives. A model is developed for estimating total factor productivity growth (TFPG) at sectoral level and the hotel sector is ranked six. Testing the a??knowledge diffusiona?? hypothesis of the endogenous growth theory is done through governmenta??s expenditure on R&D and manpower, macroeconomic stability, foreign direct investments and firma??s capital investments. Each sector has different sources of TFPG. Governmenta??s expenditure on manpower and R&D, FDI and macroeconomic stability are significant for the hotel sector. There is evidence of the a??stock market pressure on managersa?? hypothesis whereby hotel managers may try to maximize market capitalization by reducing investments and hence affect productivity growth. Finally, the Predictive Information Link and Valuation Link Models show that managers can focus on financial efficiency to maximize market capitalization.
URI: http://scholarbank.nus.edu.sg/handle/10635/15431
Appears in Collections:Ph.D Theses (Open)

Show full item record
Files in This Item:
File Description SizeFormatAccess SettingsVersion 
Cover Page.pdf12.2 kBAdobe PDF

OPEN

NoneView/Download
Title Page.pdf13.04 kBAdobe PDF

OPEN

NoneView/Download
Acknow.pdf13.41 kBAdobe PDF

OPEN

NoneView/Download
Contents.pdf25.86 kBAdobe PDF

OPEN

NoneView/Download
Summary.pdf15.35 kBAdobe PDF

OPEN

NoneView/Download
Tables.pdf25.35 kBAdobe PDF

OPEN

NoneView/Download
01Chap.pdf179.95 kBAdobe PDF

OPEN

NoneView/Download
02Chap.pdf270.24 kBAdobe PDF

OPEN

NoneView/Download
03Chap.pdf294.77 kBAdobe PDF

OPEN

NoneView/Download
04Chap.pdf353.31 kBAdobe PDF

OPEN

NoneView/Download
05Chap.pdf292.24 kBAdobe PDF

OPEN

NoneView/Download
06Chap.pdf121.31 kBAdobe PDF

OPEN

NoneView/Download
07Chap.pdf202.98 kBAdobe PDF

OPEN

NoneView/Download
08Chap.pdf58.57 kBAdobe PDF

OPEN

NoneView/Download
Biblio.pdf94.27 kBAdobe PDF

OPEN

NoneView/Download

Page view(s)

715
checked on Dec 11, 2017

Download(s)

6,195
checked on Dec 11, 2017

Google ScholarTM

Check


Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.