My da|ra Login

Detailed view

metadata language: English

Replication Data for: "Demand Volatility, Adjustment Costs, and Productivity: An Examination of Capacity Utilization for Hotels and Airlines"

Version
1
Resource Type
Dataset : aggregate data, observational data, other, survey data
Creator
  • Butters, R. Andrew (Indiana University)
Publication Date
2020-10-26
Free Keywords
productivity; demand volatility; adjustment costs; capacity utilization; occupancy rates; load factors; hotels; airlines
Description
  • Abstract

    Measures of productivity reveal large differences across producers even within narrowly defined industries. Traditional measures of productivity, however, will associate differences in demand volatility to differences in productivity when adjusting factors of production is costly. I document this effect by comparing the influence of demand volatility on capacity utilization in a high (hotels) and low (airlines) adjustment cost industry. Differences in annual demand volatility explain a large share of the variation in occupancy rates of hotels at the metro area-segment-year level. In contrast, differences in annual demand volatility have no effect on load factors of airlines at the destination-airline-year level.
Temporal Coverage
  • 2003-01-01 / 2011-12-31
    Time Period: Wed Jan 01 00:00:00 EST 2003--Sat Dec 31 00:00:00 EST 2011
  • 2013-01-01 / 2019-06-30
    Collection Date(s): Tue Jan 01 00:00:00 EST 2013--Sun Jun 30 00:00:00 EDT 2019
Geographic Coverage
  • U.S.
Sampled Universe
Flights and hotels in major U.S. cities over the period 2003--2011. .
Availability
Download
This study is freely available to the general public via web download.
Relations
  • Is version of
    DOI: 10.3886/E111745
Publications
  • Butters, R. Andrew. “Demand Volatility, Adjustment Costs, and Productivity: An Examination of Capacity Utilization in Hotels and Airlines.” American Economic Journal: Microeconomics, n.d.

Update Metadata: 2020-10-26 | Issue Number: 1 | Registration Date: 2020-10-26

Butters, R. Andrew (2020): Replication Data for: "Demand Volatility, Adjustment Costs, and Productivity: An Examination of Capacity Utilization for Hotels and Airlines". Version: 1. ICPSR - Interuniversity Consortium for Political and Social Research. Dataset. https://doi.org/10.3886/E111745V1