Nickolaos G. Tzeremes

Nickolaos G. Tzeremes

orcid

Research Focus & Metrics

Academic Career Length

16Years (2011-Present)

(Calculated once Scilit publication data is synced: current year − year of first publication + 1)

Representative Publications

View All Publications

31 October 2019 in Empirical Economics
Verified
Journal Article
Closed access
PDF file
RMRoman Matousek
Roman Matousek
NTNickolaos G. Tzeremes
Nickolaos G. Tzeremes

1 November 2019 in Research Policy
Verified
Journal Article
Closed access
MDMarta Degl’iNnocenti
Marta Degl’iNnocenti
RMRoman Matousek
Roman Matousek
NTNickolaos G. Tzeremes
Nickolaos G. Tzeremes

27 May 2014 in Review of Quantitative Finance and Accounting
Verified
Journal Article
Closed access
PDF file
George E. HalkosGeorge E. Halkos
George E. Halkos
RMRoman Matousek
Roman Matousek
NTNickolaos G. Tzeremes
Nickolaos G. Tzeremes

9 April 2011 in Journal of the Knowledge Economy
Verified
Journal Article
Closed access
PDF file
SVSpyros J. Vliamos
Spyros J. Vliamos
NTNickolaos G. Tzeremes
Nickolaos G. Tzeremes

7 April 2020 in International Journal of Productivity and Performance Management
Verified
Journal Article
Closed access
NTNickolaos G. Tzeremes
Nickolaos G. Tzeremes
Purpose: The purpose of this paper is to provide a robust version of the Malmquist Productivity Index (MPI) in order to evaluate hotels' productivity levels during the Great Recession.Design/methodology/approach: Based on the order-m frontiers, we apply a robust version of an MPI. We decompose the productivity into three robust components. We use a sample of hotels operating in the Balearic Islands and Canary Islands, and we decompose and evaluate their productivity levels during the period 2004–2013. Moreover, we evaluate hotels' productivity performance during the pre-crisis period, the US subprime crisis period, the global financial crisis (GFC), the sovereign debt crisis period and the after-crisis period.Findings: Our findings show that productivity did not deteriorate due to the adverse effects of economic crisis. This is mainly driven by increased technical change and the ability to operate at optimal scales. The long-term investment in innovation policies which are related to services and processes, appear to be the dominating feature behind hotels' productivity levels, which helped the hotel industry to recover quickly from the Great Recession.Originality/value: The vast majority of empirical studies evaluating the productivity change in the hotel industry apply MPIs which are based on data envelopment analysis (DEA). However, the productivity measurement which is based on the nonparametric framework is sensitive to sample characteristics. In order to avoid such shortcomings, we apply a robust version of the MPI.