A Study on the Efficiency of Home Stay Facilities Industry in Taiwan－An Application of Data Envelopment Analysis
Date Issued
2015
Date
2015
Author(s)
Pang, Po-Shing
Abstract
Taiwan’s local agriculture has been spectacularly affected by the trade liberalization after becoming the member of WTO, however it has also delivered the opportunity of agricultural transition. The concept of integrating agriculture and tourism has been initialized, which leading the growth of home stay facilities industry. Since the criteria is letting people easily enter to the industry, the growth rate of numbers of new home stay facilities business increased year by year. But something has become serious, including the large number of inefficient businesses and illegal home stay facilities, which are now the focused issues in the society. As an emerging industry, home stay facilities’ position in tourism is not defined clearly. In order to explore the home stay facilities industry and give comment for maintaining the market equilibrium, this thesis uses Data Envelope Analysis (DEA) and Tobit Regression to find the role of Taiwanese home stay facilities in terms of efficiency. This thesis collected the data of 127 towns in 5 years (2009-2013) for DEA; In the Tobit Regression, the values from the result of DEA are as dependent variable, and the selected environmental facts are as the independent variables, including “price and service”, “industry ecosystem”, “geographies” and “Law”. The consequence as below: 1. In the “price and service” perspective, “times rooms have been rented”, “ratio of revenue from meals and revenue from rooms” and “average price” is positively affected by efficiency. 2. In “industry ecosystem” perspective, “ratio of revenue of hostel and revenue of home stay facilities” is negatively affected by efficiency; “ratio of labors of hostel and labors of home stay facilities” is positively affected by efficiency. 3. In “geographies” perspective, the “areas in eastern Taiwan” and the “islands” perform worse than others. 4. In “Law” perspective, “ratio of illegal home stay facilities and legal home stay facilities” is positively affected by efficiency.
Subjects
home stay facilities
data envelopment analysis
Tobit regression
SDGs
Type
thesis
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