El crédito comercial en el sector turísticofactores determinantes

  1. Canto-Cuevas, Francisco Javier
  2. Palacín Sánchez, María José
  3. Di Pietro, Filippo
Book:
El turismo y la experiencia del cliente: IX Jornadas de Investigación en Turismo. Sevilla, 21 y 22 de junio de 2016
  1. Jiménez-Caballero, José Luis (coord.)
  2. Ríos Martín, Miguel Ángel (coord.)
  3. Moreno Pacheco, Pilar (coord.)
  4. Traverso Cortés, Joaquín (coord.)
  5. López-Bonilla, Luis Miguel (coord.)
  6. Fuentes Ruiz, Pilar de (coord.)
  7. Ridao Carlini, María Luisa (coord.)
  8. González Rodríguez, María Rosario (coord.)
  9. Román Márquez, Alejandro (coord.)
  10. López Bonilla, Jesús Manuel (coord.)
  11. Ceballos Hernández, Cristina (coord.)
  12. Ortega Fraile, Francisco José (coord.)

Publisher: Iris-Copy

ISBN: 9788494413490

Year of publication: 2016

Volume Title: El Turismo y la experiencia del cliente

Volume: 2

Pages: 269-286

Congress: Universidad de Sevilla. Facultad de Turismo y Finanzas. Jornadas de Investigación en Turismo (9. 2016. Sevilla)

Type: Conference paper

Abstract

This work studies the determinant factor of trade credit received and granted in mediumsized enterprises belonging to Spanish tourism sector, with special attention to economic situation. To do this, we analyze a sample of firms using the panel data methodology during the years 2004-2011, a period that includes one phase of expansion and another of recession. The results show that the economic cycle significantly affects trade credit received and granted. Therefore, both increase in the period of economic boom, and contract during crisis, which affects the financing of firms and its customers.