| Summary: | 碩士 === 文化大學 === 觀光事業學系 === 84 === This study attempts to investigate the cost structure for
international tourist hotels in Taiwan by using Translog cost
functions. Translog cost functions are specified using annual
income as the output level, labor, material, fuel, and others
as the input factors, and rooms as the fixed input factor. It
is found that the concave in factor price Wi of the cost
structure couldn''t be satisfied. It implies that the operation
of international tourist hotels is not a cost-minimization
behavior. Own-price demand elasticities for the input factors
are more than zero. It means that when the price of input
factors increases, international tourist hotels won''t decrease
quantities of input factors for maintaining the service level
and competition power. Cross-price demand elasticities and the
Allen''s and price elasticities show that the material and fuel,
fuel and others have substitute relationship. There is a mutual
benefit relationship between others & fuel, and others &
material in five-star international tourist hotels, and so is
fuel & others in four-star international tourist hotels. Output
elasticities are 3.434 and 3.131. It means the increasing
percentage of cost is more than output. The averages of shorten
economies of scale are 0.291 and 0.319. It shows the diseconomy
of international tourist hotels.
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