Analysis of the Worth of the Weights in a new Travel and Tourism Competitiveness Index

The aim of this article is to analyze the influence of the weights when building a tourism competitiveness (TC) synthetic indicator. The most frequently used index is the Travel and Tourism Competitiveness Index (TTCI), which is composed of 14 pillars organized into four subindexes. However, this in...

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Autores: Rodríguez-Díaz, Beatriz, Pulido-Fernández, Juan Ignacio
Tipo de recurso: artículo
Estado:Versión aceptada para publicación
Fecha de publicación:2021
País:España
Institución:Universidad de Jaén
Repositorio:RUJA. Repositorio Institucional de la Producción Científica de la Universidad de Jaén
OAI Identifier:oai:ruja.ujaen.es:10953/1838
Acceso en línea:https://doi.org/10.1177/0047287519899982
https://hdl.handle.net/10953/1838
Access Level:acceso abierto
Palabra clave:Travel and Tourism Competitiveness Index
weights
World Economic Forum
multicriteria
id ES_dc2a6103e6491edf7e7afd45c2d2e49a
oai_identifier_str oai:ruja.ujaen.es:10953/1838
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network_name_str España
spelling Analysis of the Worth of the Weights in a new Travel and Tourism Competitiveness Index Rodríguez-Díaz, Beatriz Pulido-Fernández, Juan Ignacio Travel and Tourism Competitiveness Index weights World Economic Forum multicriteria The aim of this article is to analyze the influence of the weights when building a tourism competitiveness (TC) synthetic indicator. The most frequently used index is the Travel and Tourism Competitiveness Index (TTCI), which is composed of 14 pillars organized into four subindexes. However, this index has been criticized especially regarding the weights. This study measures the weights using statistical methods and analyzes if they affect countries according to their stage of development. Subsequently, we applied these weights to the TTCI and to four TC synthetic indexes calculated by applying multicriteria techniques and we obtained different scenarios. These synthetic indexes enable a more realistic measurement of TC, so we analyze whether the ranking differences caused by variations in the pillar’s weights were equally relevant in the TTCI as in the different indexes proposed. We demonstrate how the choice of these weights benefits some countries while harming others SAGE JOURNALS https://doi.org/10.1177/0047287519899982 https://hdl.handle.net/10953/1838
title Analysis of the Worth of the Weights in a new Travel and Tourism Competitiveness Index
spellingShingle Analysis of the Worth of the Weights in a new Travel and Tourism Competitiveness Index
Rodríguez-Díaz, Beatriz
Travel and Tourism Competitiveness Index
weights
World Economic Forum
multicriteria
title_short Analysis of the Worth of the Weights in a new Travel and Tourism Competitiveness Index
title_full Analysis of the Worth of the Weights in a new Travel and Tourism Competitiveness Index
title_fullStr Analysis of the Worth of the Weights in a new Travel and Tourism Competitiveness Index
title_full_unstemmed Analysis of the Worth of the Weights in a new Travel and Tourism Competitiveness Index
title_sort Analysis of the Worth of the Weights in a new Travel and Tourism Competitiveness Index
author Rodríguez-Díaz, Beatriz
author_facet Rodríguez-Díaz, Beatriz
Pulido-Fernández, Juan Ignacio
author_role author
author2 Pulido-Fernández, Juan Ignacio
author2_role author
topic Travel and Tourism Competitiveness Index
weights
World Economic Forum
multicriteria
topic_facet Travel and Tourism Competitiveness Index
weights
World Economic Forum
multicriteria
description The aim of this article is to analyze the influence of the weights when building a tourism competitiveness (TC) synthetic indicator. The most frequently used index is the Travel and Tourism Competitiveness Index (TTCI), which is composed of 14 pillars organized into four subindexes. However, this index has been criticized especially regarding the weights. This study measures the weights using statistical methods and analyzes if they affect countries according to their stage of development. Subsequently, we applied these weights to the TTCI and to four TC synthetic indexes calculated by applying multicriteria techniques and we obtained different scenarios. These synthetic indexes enable a more realistic measurement of TC, so we analyze whether the ranking differences caused by variations in the pillar’s weights were equally relevant in the TTCI as in the different indexes proposed. We demonstrate how the choice of these weights benefits some countries while harming others
publishDate 2021
format article
status_str acceptedVersion
url https://doi.org/10.1177/0047287519899982
https://hdl.handle.net/10953/1838
eu_rights_str_mv openAccess
publisher SAGE JOURNALS
institution Universidad de Jaén
collection RUJA. Repositorio Institucional de la Producción Científica de la Universidad de Jaén
reponame_str RUJA. Repositorio Institucional de la Producción Científica de la Universidad de Jaén
instname_str Universidad de Jaén
_version_ 1878441639617232896
publishDateSort 2021
author_browse Pulido-Fernández, Juan Ignacio
Rodríguez-Díaz, Beatriz
publisherStr SAGE JOURNALS
score 6,924472