IDEAS home Printed from https://ideas.repec.org/a/sae/toueco/v23y2017i7p1437-1450.html
   My bibliography  Save this article

Analysis of the investment security of the accommodation industry for countries along the B&R

Author

Listed:
  • Jie Yin

    (Huaqiao University, China)

  • Xiaoyan Yang

    (Huaqiao University, China)

  • Xiangmin Zheng

    (Huaqiao University, China)

  • Niantao Jiao

    (Huaqiao University, China)

Abstract

The construction of the B&R (the Silk Road Economic Belt and the 21st-Century Maritime Silk Road) is undergoing promotion. In addition, China’s foreign investment is growing. Moreover, investment in the accommodation industry is an important component of investment in the B&R. Therefore, analysis is necessary to understand the security of the investment environment, the division of the investment security zone and the selection of optimal investments. This research applies a safety evaluation index system on investment in the accommodation industry using relevant data on 24 countries along the B&R from 2005 to 2014 as study samples. The results of the empirical analysis show that factor analysis based on multidimensional panel data estimated the safety of the investment of the sample countries. The coefficient of variation of the sample countries across 10 years was very large, meaning that the investment environment of sample countries was complex. The samples were divided into high, medium and low regions by means of panel data clustering analysis. Variance analysis showed significant differences among the three regions. The research used the technique for order preference by similarity to an ideal solution (TOPSIS) method to identify the optimal country in which to invest. The optimal country was Greece and the worst was Macedonia. Finally, this research provides some analysis on conclusions and data selection.

Suggested Citation

  • Jie Yin & Xiaoyan Yang & Xiangmin Zheng & Niantao Jiao, 2017. "Analysis of the investment security of the accommodation industry for countries along the B&R," Tourism Economics, , vol. 23(7), pages 1437-1450, November.
    • Handle: RePEc:sae:toueco:v:23:y:2017:i:7:p:1437-1450
    DOI: 10.1177/1354816617698523
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/1354816617698523
    Download Restriction: no
    File URL: https://libkey.io/10.1177/1354816617698523?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Roman Vavrek & Jiří Bečica, 2020. "Capital City as a Factor of Multi-Criteria Decision Analysis—Application on Transport Companies in the Czech Republic," Mathematics, MDPI, vol. 8(10), pages 1-17, October.
    2. Roman Vavrek, 2021. "An Analysis of Usage of a Multi-Criteria Approach in an Athlete Evaluation: An Evidence of NHL Attackers," Mathematics, MDPI, vol. 9(12), pages 1-22, June.
    3. Roman Vavrek, 2019. "Evaluation of the Impact of Selected Weighting Methods on the Results of the TOPSIS Technique," International Journal of Information Technology & Decision Making (IJITDM), World Scientific Publishing Co. Pte. Ltd., vol. 18(06), pages 1821-1843, November.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:toueco:v:23:y:2017:i:7:p:1437-1450. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.