Statistics
Explore statistical methods, their assumptions, interpretation and limitations.
Research field
Method family
Stochastic Frontier Firm Efficiency Analysis
Stochastic frontier analysis (SFA) estimates how far a firm falls short of the best attainable output for its inputs while explicitly separating that shortfall from random noise. Aigner, Lovell and Schmidt's 1977 model introduced the defini...
Tourism Input-Output Analysis
Tourism input-output analysis applies Wassily Leontief's inter-industry framework to measure how tourist spending reverberates through an entire economy. An input-output table records, sector by sector, how much each industry buys from ever...
Tourism Multiplier Analysis
Tourism multiplier analysis quantifies how much total economic activity a destination gains from each unit of tourist spending, once that spending circulates through the local economy. When a visitor pays for a hotel room, the money does no...