Chaotic recurrence of the fixed assets-infrastructure influence on financial health of the hospitality industry in emerging markets

The influence of fixed assets (property, plant and equipment) and the quality of infrastructure in financial health was analyzed in the hospitality industry in emerging markets. Colombia was chosen as representative unit of CIVETS emerging market group. Financial health was determined by ratios of f...

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Autores:
Tipo de recurso:
Fecha de publicación:
2014
Institución:
Universidad del Rosario
Repositorio:
Repositorio EdocUR - U. Rosario
Idioma:
eng
OAI Identifier:
oai:repository.urosario.edu.co:10336/28921
Acceso en línea:
https://repository.urosario.edu.co/handle/10336/28921
Palabra clave:
Hospitality industry
Fixed assets
Infrastructure
Financial health
Recurrence
Chaos
Emerging markets
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License
Abierto (Texto Completo)
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network_acronym_str EDOCUR2
network_name_str Repositorio EdocUR - U. Rosario
repository_id_str
spelling 2883306002020-08-28T15:50:07Z2020-08-28T15:50:07Z2014The influence of fixed assets (property, plant and equipment) and the quality of infrastructure in financial health was analyzed in the hospitality industry in emerging markets. Colombia was chosen as representative unit of CIVETS emerging market group. Financial health was determined by ratios of fixed assets net worth, fixed assets turnover and return on fixed assets. A recurrence analysis was applied, and recurrence plot, phase space and recurrence quantification analysis were all applied; first, to determine the influence of fixed assets on the financial health and second to determine the combined influence of infrastructures and fixed assets. Results showed that a non-linear and non-monotonic relationship exists between infrastructure and fixed assets with financial health. Investment in fixed assets and infrastructure leads to chaotic results making it difficult to make investment decisions in emerging markets.application/pdfISBN: 978-960-474-360-5https://repository.urosario.edu.co/handle/10336/28921engWSEAS131127Mathematical Methods in Finance and Business AdministrationMathematical Methods in Finance and Business Administration, ISBN: 978-960-474-360-5 (2014); pp. 127-131http://www.wseas.us/e-library/conferences/2014/Tenerife/ECONMATH/ECONMATH-18.pdfAbierto (Texto Completo)http://purl.org/coar/access_right/c_abf2Mathematical Methods in Finance and Business Administrationinstname:Universidad del Rosarioreponame:Repositorio Institucional EdocURHospitality industryFixed assetsInfrastructureFinancial healthRecurrenceChaosEmerging marketsChaotic recurrence of the fixed assets-infrastructure influence on financial health of the hospitality industry in emerging marketsRecurrencia caótica de la influencia de la infraestructura de activos fijos sobre la salud financiera de la industria hotelera en los mercados emergentesbookPartParte de librohttp://purl.org/coar/version/c_970fb48d4fbd8a85http://purl.org/coar/resource_type/c_3248Juárez, Fernando10336/28921oai:repository.urosario.edu.co:10336/289212020-08-28 10:50:43.37https://repository.urosario.edu.coRepositorio institucional EdocURedocur@urosario.edu.co
dc.title.spa.fl_str_mv Chaotic recurrence of the fixed assets-infrastructure influence on financial health of the hospitality industry in emerging markets
dc.title.TranslatedTitle.spa.fl_str_mv Recurrencia caótica de la influencia de la infraestructura de activos fijos sobre la salud financiera de la industria hotelera en los mercados emergentes
title Chaotic recurrence of the fixed assets-infrastructure influence on financial health of the hospitality industry in emerging markets
spellingShingle Chaotic recurrence of the fixed assets-infrastructure influence on financial health of the hospitality industry in emerging markets
Hospitality industry
Fixed assets
Infrastructure
Financial health
Recurrence
Chaos
Emerging markets
title_short Chaotic recurrence of the fixed assets-infrastructure influence on financial health of the hospitality industry in emerging markets
title_full Chaotic recurrence of the fixed assets-infrastructure influence on financial health of the hospitality industry in emerging markets
title_fullStr Chaotic recurrence of the fixed assets-infrastructure influence on financial health of the hospitality industry in emerging markets
title_full_unstemmed Chaotic recurrence of the fixed assets-infrastructure influence on financial health of the hospitality industry in emerging markets
title_sort Chaotic recurrence of the fixed assets-infrastructure influence on financial health of the hospitality industry in emerging markets
dc.subject.keyword.spa.fl_str_mv Hospitality industry
Fixed assets
Infrastructure
Financial health
Recurrence
Chaos
Emerging markets
topic Hospitality industry
Fixed assets
Infrastructure
Financial health
Recurrence
Chaos
Emerging markets
description The influence of fixed assets (property, plant and equipment) and the quality of infrastructure in financial health was analyzed in the hospitality industry in emerging markets. Colombia was chosen as representative unit of CIVETS emerging market group. Financial health was determined by ratios of fixed assets net worth, fixed assets turnover and return on fixed assets. A recurrence analysis was applied, and recurrence plot, phase space and recurrence quantification analysis were all applied; first, to determine the influence of fixed assets on the financial health and second to determine the combined influence of infrastructures and fixed assets. Results showed that a non-linear and non-monotonic relationship exists between infrastructure and fixed assets with financial health. Investment in fixed assets and infrastructure leads to chaotic results making it difficult to make investment decisions in emerging markets.
publishDate 2014
dc.date.created.spa.fl_str_mv 2014
dc.date.accessioned.none.fl_str_mv 2020-08-28T15:50:07Z
dc.date.available.none.fl_str_mv 2020-08-28T15:50:07Z
dc.type.eng.fl_str_mv bookPart
dc.type.coarversion.fl_str_mv http://purl.org/coar/version/c_970fb48d4fbd8a85
dc.type.coar.fl_str_mv http://purl.org/coar/resource_type/c_3248
dc.type.spa.spa.fl_str_mv Parte de libro
dc.identifier.issn.none.fl_str_mv ISBN: 978-960-474-360-5
dc.identifier.uri.none.fl_str_mv https://repository.urosario.edu.co/handle/10336/28921
identifier_str_mv ISBN: 978-960-474-360-5
url https://repository.urosario.edu.co/handle/10336/28921
dc.language.iso.spa.fl_str_mv eng
language eng
dc.relation.citationEndPage.none.fl_str_mv 131
dc.relation.citationStartPage.none.fl_str_mv 127
dc.relation.citationTitle.none.fl_str_mv Mathematical Methods in Finance and Business Administration
dc.relation.ispartof.spa.fl_str_mv Mathematical Methods in Finance and Business Administration, ISBN: 978-960-474-360-5 (2014); pp. 127-131
dc.relation.uri.spa.fl_str_mv http://www.wseas.us/e-library/conferences/2014/Tenerife/ECONMATH/ECONMATH-18.pdf
dc.rights.coar.fl_str_mv http://purl.org/coar/access_right/c_abf2
dc.rights.acceso.spa.fl_str_mv Abierto (Texto Completo)
rights_invalid_str_mv Abierto (Texto Completo)
http://purl.org/coar/access_right/c_abf2
dc.format.mimetype.none.fl_str_mv application/pdf
dc.publisher.spa.fl_str_mv WSEAS
dc.source.spa.fl_str_mv Mathematical Methods in Finance and Business Administration
institution Universidad del Rosario
dc.source.instname.none.fl_str_mv instname:Universidad del Rosario
dc.source.reponame.none.fl_str_mv reponame:Repositorio Institucional EdocUR
repository.name.fl_str_mv Repositorio institucional EdocUR
repository.mail.fl_str_mv edocur@urosario.edu.co
_version_ 1828160556680347648

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