scholarly journals Econometric Analysis of Dynamics of Personnel Training in Tourism Sphere

2021 ◽  
Vol 12 (6) ◽  
pp. 1389-1396
Author(s):  
Anar Eminov Et al.
Keyword(s):  
Least Squares ◽  
Statistical Data ◽  
Least Squares Method ◽  
Tourism Industry ◽  
Econometric Analysis ◽  
Steady Increase ◽  
Foreign Nationals ◽  
Tourism Sector ◽  
Analysis Of Dynamics ◽  
The Relationship

According to the statistical data of recent years, tourism has been one of the ever-growing sectors in Azerbaijan. Thus, in the last five years, there has been a steady increase in the number of entrepreneurship subjects serving tourism in Azerbaijan and the number of foreign nationals traveling for tourism, correspondingly 4.5 and 8.5 percent. At present, the direct share of the tourism industry in the country's GDP and employment is 4.5 and 3.3 percent, respectively. In the article econometric analysis of the dependence on the relationship between tourism industry graduates and their development has been done. The regression equation of the dependence of the number of graduates studying tourism on the number of tourists in the country and the dependence of the tourism sector’s GDP on the number of graduates in the tourism sector were estimated using the Eviews software based on 2008–2017 statistical data using the least squares method.

Financial disclosure and performance of microfinance institutions

2014 ◽  
Vol 10 (3) ◽  
pp. 314-337 ◽  
Author(s):  
Shakil Quayes ◽  
Tanweer Hasan
Keyword(s):  
Financial Performance ◽  
Least Squares ◽  
Least Squares Method ◽  
Financial Disclosure ◽  
Microfinance Institutions ◽  
Content Type ◽  
Three Stage Least Squares ◽  
And Performance ◽  
The Impact ◽  
The Relationship

Purpose – The purpose of this paper is to analyze the relationship between financial disclosure and the financial performance of microfinance institutions (MFIs). Design/methodology/approach – The paper utilizes ordinary least squares method to analyze the impact of disclosure on financial performance, an ordered probit model to investigate the possible effect of financial performance on disclosure and utilizes a three-stage least squares method to delineate the endogenous relationship between disclosure and financial performance of MFIs. Findings – The paper finds that better disclosure has a statistically significant positive impact on operational performance of MFIs; second, it also shows that improved financial performance results in better financial disclosure. Keeping the endogenous nature of the relationship between disclosure and performance, the paper uses a three-stage least squares method to show that disclosure and financial performance positively affect each other simultaneously. Research limitations/implications – The paper attempts to delineate a positive association between better disclosure on financial performance of MFIs, which can be used for developing a better disclosure policy by management, formulating more effective guidelines for disclosure by the stakeholders and mandating more appropriate laws and uniform disclosure practice by regulators. Originality/value – This is the first study that uses a large number of MFIs from 75 countries; second, it uses a uniform scale of designating a disclosure rating (assigned by MIX Market) to show the relationship between disclosure and performance. Finally, it uses three-stage least squares method to address the possible endogeneity between disclosure and performance.

scholarly journals On the Geometric Mean Method for Incomplete Pairwise Comparisons

Mathematics ◽  
2020 ◽  
Vol 8 (11) ◽  
pp. 1873
Author(s):  
Konrad Kułakowski
Keyword(s):  
Least Squares ◽  
Least Squares Method ◽  
Geometric Mean ◽  
Computational Method ◽  
Pairwise Comparisons ◽  
Similar Relationship ◽  
Final Solution ◽  
The Difference ◽  
The Relationship ◽  
Theoretical Considerations

One of the most popular methods of calculating priorities based on the pairwise comparisons matrices (PCM) is the geometric mean method (GMM). It is equivalent to the logarithmic least squares method (LLSM), so some use both names interchangeably, treating it as the same approach. The main difference, however, is in the way the calculations are done. It turns out, however, that a similar relationship holds for incomplete matrices. Based on Harker’s method for the incomplete PCM, and using the same substitution for the missing entries, it is possible to construct the geometric mean solution for the incomplete PCM, which is fully compatible with the existing LLSM for the incomplete PCM. Again, both approaches lead to the same results, but the difference is how the final solution is computed. The aim of this work is to present in a concise form, the computational method behind the geometric mean method (GMM) for an incomplete PCM. The computational method is presented to emphasize the relationship between the original GMM and the proposed solution. Hence, everyone who knows the GMM for a complete PCM should easily understand its proposed extension. Theoretical considerations are accompanied by a numerical example, allowing the reader to follow the calculations step by step.

Application of Legendre Polynomial in Predicting Total Energy Consumption

2015 ◽  
Vol 713-715 ◽  
pp. 1627-1630
Author(s):  
Hong Qin Zhang ◽  
Lai Bin Gao
Keyword(s):  
Energy Consumption ◽  
Total Energy ◽  
Least Squares ◽  
Legendre Polynomial ◽  
Statistical Data ◽  
Least Squares Method ◽  
Total Energy Consumption ◽  
Least Squares Fitting ◽  
Fitting Method

Based on statistical data of National Statistical Bureau of China, and given the least-squares fitting of Legendre polynomial, the data of total energy consumption from 1978 to 2012 is analyzed by least squares method and Legendre polynomial least squares method respectively. The results showed that Legendre polynomial least squares fitting method is excellent and the data of total energy consumption from 2013 to 2016 is predicted by this method.

scholarly journals STUDY OF RISKS IN THE INTERNATIONAL MARKET OF TOURIST SERVICES CAUSED BY THE PANDEMIC AND PLANNING OF MEASURES TO OVERCOME THE CRISIS BY INCREASING THE LEVEL OF PROFESSIONAL MOTIVATION OF STAFF

2021 ◽  
Author(s):  
Оlena Voskresenska ◽  
Anastasiia Hlynska ◽  
Viktoria Shuklina
Keyword(s):  
International Market ◽  
Tourism Industry ◽  
International Tourism ◽  
Effective Work ◽  
Economic Methods ◽  
Tourism Sector ◽  
Analysis Of Dynamics ◽  
Personalized Approach ◽  
High Level ◽  
The Impact

The article considers the risks of the international market of tourist services in a pandemic and measures to overcome the crisis by increasing the level of professional motivation of staff. Study of losses of the tourism sector in the EU in April-May 2020. Decrease in EU revenues in June 2020. The impact of risks on the development of the international tourism industry from the implementation of anti-epidemic measures with COVID-19. Uncertainty and the predominant risks and duration of pandemic constraints are key to determining losses in this sector. The reasons for job losses in the tourism industry during the study period are investigated. The analysis of dynamics of outbound tourism for the period of introduction of quarantine restrictions is carried out. The reasons for the decline in demand for domestic tourism have been identified. The negative dynamics in the labor market of the tourism industry and its cause are determined. The expediency of Ukraine’s participation in international tourism relations has been proved. The tourism industry of Ukraine has been studied and the priority directions of its development that have developed under the current conditions have been revealed. The level of employment during the implementation of measures caused by the pandemic was studied. It is determined that an important problem is the high level of informal employment in the tourism industry. It was found that in the current situation in Ukraine at the current stage of its development, the problem of raising the level of professional motivation of staff has become important, because solving the challenges facing society is possible only if you create an appropriate motivational framework that can motivate employees to effective work. It is proved that in modern conditions in Ukraine at the present stage of its development the problem of increasing the level of professional motivation of staff has become important, because solving problems facing society is possible only if you create an appropriate motivational base that can motivate employees to work effectively. The efficiency of economic and non-economic methods of motivation of tourism workers is compared. The expediency of using a personalized approach to the choice of methods of professional motivation of employees is determined. Ways out of the crisis by increasing the level of professional motivation of staff are proposed.

scholarly journals DEVELOPMENT OF THE TOURISM INDUSTRY BASED ON THE REORGANIZATION OF THE CONSTRUCTION COMPLEX OF THE REPUBLIC OF KAZAKHSTAN

THE BULLETIN ◽  
2020 ◽  
Vol 5 (387) ◽  
pp. 188-198
Author(s):  
R. A. Muratova ◽  
◽  
◽  
Keyword(s):  
Economic Activity ◽  
Industrial Development ◽  
Statistical Data ◽  
Tourism Industry ◽  
Structural Differentiation ◽  
World Heritage Sites ◽  
Regional Specialization ◽  
Tourism Sector ◽  
The Creation ◽  
The Republic

. The article discusses the main directions of development of the tourism sector of the Republic of Kazakhstan. The tourism sector is one of the most promising areas of the economy of any state. The multiplicative effect of the development of tourism activities for all sectors of the country's economic activity is emphasized. The article presents a system of accounting indicators in statistics Reupsblick Kazakhstan. To unlock the tourism potential, the creation of appropriate infrastructure is necessary. The statistical data on the development of the tourism sector for 2018 is analyzed on the basis of the statistical data of the Committee on Statistics of the Republic. The indicators of the number of people entering and leaving the country by region in the context of sanatorium-resort zones are considered. The paper emphasizes the structural differentiation of tourism destinations and individual spheres. The directions of the development of the tourism infrastructure of the Republic of Kazakhstan are examined in the context of the existing spa facilities and nature-protected territories of the regions, including those belonging to UNESCO World Heritage Sites and of unique importance. The need for reorganization of the country's construction complex for the development of the tourism industry and the creation of infrastructure facilities of the complex is noted. The specific directions of the development of the construction complex are highlighted. The paper notes the prospects for the development of the Mangystau region, and the whole of Western Kazakhstan. The article notes the prospects for the development of traditional sanatorium-resort zones and protected areas. A conceptual scheme of the functioning of the country's construction concern is proposed with the identification of the integration processes of tourism organizations, construction divisions and design and engineering firms and companies by developing a network of enterprises in the construction industry. The paper considers the areas of regional specialization and the features of industrial development and the development of a multisectoral economy. The work emphasizes the possibility of enhancing tourism activities through the further integration of all actors in eco-economic activity. The work reflects the directions of development of certain areas of tourist potential of the regions. The article emphasizes the need to enhance public policy in the development of a promising sector of the economy of the Republic of Kazakhstan. The article emphasizes. that the proposed list of directions for the placement of subregional units in the regions is conditional and should be coordinated taking into account the map of the placement of tourist facilities of the regions in all directions and its diverse types and forms.

scholarly journals Dampak Pengembangan Pantai Kilo Lima pada Masyarakat Lokal di Kota Luwuk Kabupaten Banggai

2020 ◽  
Vol 2 (2) ◽  
pp. 136-144
Author(s):  
Anda Prasetyo Ery ◽  
Dharma Kuba ◽  
Ariesta Ariesta
Keyword(s):  
Natural Resources ◽  
Positive Impact ◽  
Tourism Development ◽  
Local Communities ◽  
Tourism Industry ◽  
Descriptive Research ◽  
Tourism Sector ◽  
Negative Impacts ◽  
The Impact ◽  
The Relationship

Tourism development often does not pay attention to the preservation of natural resources and local culture which are also affected by tourism development and considers that the tourism industry is an industry whose existence is interrelated. This research is descriptive research in the form of written or oral words from people and observable behavior and to be able to better identify the variables to be examined in relation to them and aims to present a structured, factual, and accurate description of the facts -fact and the relationship between the variables to be studied. From the results of the study there are positive and negative impacts that arise. Both environmental, socio-cultural, and economic impacts on local communities who are the main actors who feel the impact of tourism development. The community has felt the positive impact provided by the tourism sector. Although there are still negative impacts that are also felt.

Evaluation and Identification of Professional Tourism Educational and Training Competences

2016 ◽  
pp. 102-118
Author(s):  
Rosa María Rivas García ◽  
Edgar Oliver Cardoso Espinosa
Keyword(s):  
Human Capital ◽  
Knowledge Management ◽  
Tourism Industry ◽  
Educational Evaluation ◽  
Tourism Sector ◽  
School Training ◽  
Relationship Of ◽  
The Relationship ◽  
And Training

This chapter deals with the evaluation and identification of professional tourism educational and training competences with the purpose of recognizing the main characteristics of labour capacity in the tourism industry. Tourism is promoted through education, as well as through the development of skills and tools that result in an optimal labour performance during the stages of school training. Moreover, it describes the relationship of knowledge management in the tourism sector that leads to quality in human capital, in addition to professional alignment, in an educational context. As this section focuses on the overview of professional tourism, the following components are considered; the preamble and classification of the tourism industry, the conceptualization of educational evaluation and competence, and concludes with the description and analysis of the works targeted at the evaluation and identification of professional competences in tourism.

The Impact of Exchange Rate on Tourism Industry

2015 ◽  
pp. 107-118
Author(s):  
Meryem Samirkaş ◽  
Mustafa Can Samirkaş
Keyword(s):  
Exchange Rate ◽  
Current Account Deficit ◽  
Tourism Industry ◽  
Factors Affecting ◽  
Currency Exchange ◽  
Currency Exchange Rates ◽  
Tourism Sector ◽  
Causality Tests ◽  
The Impact ◽  
The Relationship

Tourism sector that is increasingly important in the world economy, developing rapidly in Turkey and provides a serious contributions to country's economy because Turkey consistently has a current account deficit, tourism is an important source of income. There are many factors affecting tourism; it is clear that the industry can be affected by changes in macroeconomic variables, just like any other economic focus. In this context, it is possible that the foreign exchange rate and changes in the value of various currencies can affect tourism, especially with regards to the demands of the tourists themselves. By using the Johansen cointegration and Granger causality tests, this chapter focused on identifying the relationship between currency exchange rates and the demand for tourism in Turkey.

Study on Forecasting the OD Volume of Railway Luggage and Parcel

2011 ◽  
Vol 105-107 ◽  
pp. 1280-1283
Author(s):  
Xue Fei Li ◽  
Mao Xiang Lang
Keyword(s):  
Least Squares ◽  
Gravity Model ◽  
Statistical Data ◽  
Least Squares Method ◽  
High Accuracy ◽  
Gray Model ◽  
Sample Data

The OD volume of railway luggage and parcel on Beijing-Guangzhou Corridor is forecasted by using the gray model and the gravity model. According to the historical statistical data, firstly the sending and arrival volume of railway luggage and parcel of the major cities on Beijing-Guangzhou Corridor is forecasted by applying the gray model and it takes the Beijing volume of railway luggage and parcel for example to show the calculative process. Secondly, by using the least squares method to calibrate the sample data, obtain the value of each coefficient to be determined, get the calibrated gravity model and then the OD volume of railway luggage and parcel is forecasted by adopting the gravity model. Finally the rationality of the forecasting results is analyzed and the forecasting results which can be used in the railway luggage and parcel organization work have a high accuracy and meet the actual needs.

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