Award Date
1-1-1999
Degree Type
Thesis
Degree Name
Master of Arts (MA)
Department
Economics
First Committee Member
Thomas Carroll
Number of Pages
129
Abstract
The analysis and comparison of productivity in the service sector have proven to be difficult. Nevertheless, the Tomqvist index of relative productivity used in this study allows me to compare the relative productivity of different hotel-casino properties, while avoiding the usual problems that arise when measuring efficiency in service industries. This empirical study illustrates the efficiency of index numbers in evaluating relative efficiency. The simplicity of the model and its ability to evaluate all aspects of the production process, including economies of scale, renders this methodology far superior to the use of direct indexes. From calculations included in the study, I find that the technological and managerial efficiency declines for all hotel-casinos in the market when controlling for scale effects. However scale economies still provide significant benefits to the larger groupings of firms in the market.
Keywords
Casinos; Clark County; Efficiency; Hotel; Industry; Measuring; Nevada
Controlled Subject
Commerce; Economics
File Format
File Size
3768.32 KB
Degree Grantor
University of Nevada, Las Vegas
Language
English
Permissions
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Repository Citation
Encinoza, Daniel, "Measuring efficiency in the Clark County hotel casino industry" (1999). UNLV Retrospective Theses & Dissertations. 1114.
http://dx.doi.org/10.25669/5lsn-o4ge
Rights
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