El crédito comercial en el sector turísticofactores determinantes
- Jiménez-Caballero, José Luis (coord.)
- Ríos Martín, Miguel Ángel (coord.)
- Moreno Pacheco, Pilar (coord.)
- Traverso Cortés, Joaquín (coord.)
- López-Bonilla, Luis Miguel (coord.)
- Fuentes Ruiz, Pilar de (coord.)
- Ridao Carlini, María Luisa (coord.)
- González Rodríguez, María Rosario (coord.)
- Román Márquez, Alejandro (coord.)
- López Bonilla, Jesús Manuel (coord.)
- Ceballos Hernández, Cristina (coord.)
- 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.