Modeling the Performance Efficiency of Tourism Enterprises in Azerbaijan
DOI:
https://doi.org/10.69760/portuni.0109009Keywords:
tourism enterprises, performance efficiency, economic-mathematical modeling, Pearson correlation coefficient, regression analysisAbstract
This paper presents an assessment and modeling of the performance efficiency of tourism enterprises operating in the Republic of Azerbaijan using economic-mathematical methods. The empirical foundation of the study consists of official statistical indicators covering the years 2018–2024. Within the framework of an analytical approach, correlation and regression analyses—particularly the Pearson correlation coefficient—were applied. The influence of factors such as tourist inflow, sectoral investments, employment levels, and customer satisfaction on the operational results of tourism enterprises was evaluated. The findings provide practical recommendations for making scientifically grounded management decisions, enhancing the sector's competitiveness, and optimizing public policy.
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