IDEAS home Printed from https://ideas.repec.org/a/sae/toueco/v17y2011i6p1325-1345.html
   My bibliography  Save this article

Occupational Differences in the Return on Human Capital in the Spanish Travel Agency and Hospitality Industries

Author

Listed:
  • Alejandro García Pozo
  • Andrés J. Marchante Mera
  • José Luis Sánchez Ollero

Abstract

This study analyses the returns on human capital in the Spanish hospitality and travel agency industries across seven occupational categories by gender. It is motivated by evidence that there is great variation between jobs in this sector and that estimations of the rate of returns for each component of human capital for the entire sector may not be accurate. The main results indicate that the rates of return on human capital are lower in these industries for most occupations than in the private services sector. Given that differences in the returns on human capital components across occupational categories are statistically significant and large, then the relative weight of each segment within the aggregate may explain the results obtained in previous studies.

Suggested Citation

  • Alejandro García Pozo & Andrés J. Marchante Mera & José Luis Sánchez Ollero, 2011. "Occupational Differences in the Return on Human Capital in the Spanish Travel Agency and Hospitality Industries," Tourism Economics, , vol. 17(6), pages 1325-1345, December.
    • Handle: RePEc:sae:toueco:v:17:y:2011:i:6:p:1325-1345
    DOI: 10.5367/te.2011.0085
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.5367/te.2011.0085
    Download Restriction: no
    File URL: https://libkey.io/10.5367/te.2011.0085?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
    ---><---

    References listed on IDEAS

    as
    1. Rumberger, Russell W & Carnoy, Martin, 1980. "Segmentation in the US Labour Market: Its effects on the Mobility and Earnings of Whites and Blacks," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 4(2), pages 117-132, June.
    2. A. Nikolaou & I. Theodossiou, 2006. "Returns to qualifications and occupation for males and females: evidence from the British Workplace Employee Relations Survey (WERS) 1998," Applied Economics Letters, Taylor & Francis Journals, vol. 13(10), pages 665-673.
    3. Hubert Strauss & Christine de la Maisonneuve, 2007. "The Wage Premium on Tertiary Education: New Estimates for 21 OECD Countries," OECD Economics Department Working Papers 589, OECD Publishing.
    4. Andrés J. Marchante & Bienvenido Ortega & José Luis Sánchez-Ollero, 2003. "Educational mismatch and labour mobility in the hospitality industry in Andalusia," ERSA conference papers ersa03p53, European Regional Science Association.
    5. Colm Harmon & Ian Walker & Niels Westergaard-Nielsen (ed.), 2001. "Education and Earnings in Europe," Books, Edward Elgar Publishing, number 2237.
    6. Andrés J. Marchante & Bienvenido Ortega & Ricardo Pagán, 2005. "Educational Mismatch and Wages in the Hospitality Sector," Tourism Economics, , vol. 11(1), pages 103-117, March.
    7. M. Arrazola & J. De Hevia & M. Risueno & J. F. Sanz, 2003. "Returns to education in Spain: Some evidence on the endogeneity of schooling," Education Economics, Taylor & Francis Journals, vol. 11(3), pages 293-304.
    8. Robert McNabb & George Psacharopoulos, 1981. "Further Evidence of the Relevance of the Dual Labor Market Hypothesis for the U. K," Journal of Human Resources, University of Wisconsin Press, vol. 16(3), pages 442-448.
    Full references (including those not matched with items on IDEAS)

    Citations

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


    Cited by:

    1. Casado-Díaz, José M. & Simón, Hipólito, 2016. "Wage differences in the hospitality sector," Tourism Management, Elsevier, vol. 52(C), pages 96-109.
    2. Alejandro García-Pozo & Andrés J. Marchante-Mera & José Luis Sánchez-Ollero & José López-Rubio & Carlos G. Benavides-Chicón, 2012. "Employer size, productivity, labour quality, working conditions, internal labour markets and wages: an empirical analysis of the hotel industry in Andalusia," ERSA conference papers ersa12p285, European Regional Science Association.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Alejandro García-Pozo & José Luis Sánchez-Ollero & Andrés Marchante-Mera, 2014. "Educational Mismatch and Returns on Human Capital in the Spanish Hospitality and Travel Agency Sectors," Tourism Economics, , vol. 20(2), pages 337-353, April.
    2. Bienvenido Ortega & Carlos G. Benavides Chicón, 2013. "Determinants of Regional Labour Productivity in the Hospitality Industry in Spain, 1996–2004," Tourism Economics, , vol. 19(2), pages 393-414, April.
    3. Mª Covadonga De la Iglesia Villasol & Laura Vitriago, 2014. "Factores que influyen en las diferencias de los ingresos del trabajo. Ensayo sobre el caso español en 2011," Investigaciones de Economía de la Educación volume 9, in: Adela García Aracil & Isabel Neira Gómez (ed.), Investigaciones de Economía de la Educación 9, edition 1, volume 9, chapter 39, pages 747-767, Asociación de Economía de la Educación.
    4. Arrazola, María & de Hevia, José, 2008. "Three measures of returns to education: An illustration for the case of Spain," Economics of Education Review, Elsevier, vol. 27(3), pages 266-275, June.
    5. Christer Thrane, 2010. "Education and Earnings in the Tourism Industry – the Role of Sheepskin Effects," Tourism Economics, , vol. 16(3), pages 549-563, September.
    6. Mercedes Teijeiro Álvarez & María Jesús Freire Seoane, 2010. "Las ecuaciones de Mincer y las tasas de rendimiento de la educación en Galicia," Investigaciones de Economía de la Educación volume 5, in: María Jesús Mancebón-Torrubia & Domingo P. Ximénez-de-Embún & José María Gómez-Sancho & Gregorio Gim (ed.), Investigaciones de Economía de la Educación 5, edition 1, volume 5, chapter 14, pages 285-304, Asociación de Economía de la Educación.
    7. LILLO, Adelaida & CASADO-DÍAZ, José M., 2010. "On The Rewards To Education In Spain: Endogeneity And Regional Differences," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 10(3).
    8. Giuseppe Croce & Emanuela Ghignoni, 2011. "Overeducation and spatial flexibility in Italian local labour markets," Working Papers in Public Economics 145, University of Rome La Sapienza, Department of Economics and Law.
    9. Prados de la Escosura, Leandro & Rosés, Joan R., 2008. "Proximate causes of economic growth in Spain, 1850-2000," IFCS - Working Papers in Economic History.WH wp08-12, Universidad Carlos III de Madrid. Instituto Figuerola.
    10. Vassilis Tselios, 2008. "Income and educational inequalities in the regions of the European Union: Geographical spillovers under welfare state restrictions," Papers in Regional Science, Wiley Blackwell, vol. 87(3), pages 403-430, August.
    11. Fersterer, Josef & Winter-Ebmer, Rudolf, 2003. "Are Austrian returns to education falling over time?," Labour Economics, Elsevier, vol. 10(1), pages 73-89, February.
    12. Angel de la Fuente & Juan Francisco Jimeno, 2004. "The private and fiscal returns to schooling and the effect of public policies on private incentives to invest in education: a general framework and some results for the EU," Working Papers 152, Barcelona School of Economics.
    13. Ammermueller, Andreas & Kuckulenz, Anja & Zwick, Thomas, 2009. "Aggregate unemployment decreases individual returns to education," Economics of Education Review, Elsevier, vol. 28(2), pages 217-226, April.
    14. Angel de la Fuente, 2003. "Human Capital in a global and knowledge-based economy, part II: assessment at the EU country level," Working Papers 98, Barcelona School of Economics.
    15. Hans J. Baumgartner, 2003. "Are There Any Class Size Effects On Early Career Earnings In West Germany?," HEW 0305004, University Library of Munich, Germany, revised 05 Nov 2003.
    16. Odile Mackett, 2022. "Decent Work in the South African Macroeconomy: Who are The Winners and Losers?," Humanistic Management Journal, Springer, vol. 7(2), pages 277-305, October.
    17. Doyle, Orla & Harmon, Colm P. & Walker, Ian, 2005. "The Impact of Parental Income and Education on the Health of their Children," IZA Discussion Papers 1832, Institute of Labor Economics (IZA).
    18. Wölfel, Oliver & Heineck, Guido, 2012. "Parental risk attitudes and children's secondary school track choice," Economics of Education Review, Elsevier, vol. 31(5), pages 727-743.
    19. Wolter Stefan C. & Schweri Jürg & Mühlemann Samuel, 2006. "Why Some Firms Train Apprentices and Many Others Do Not," German Economic Review, De Gruyter, vol. 7(3), pages 249-264, August.
    20. Giorgio Brunello & Margherita Fort & Guglielmo Weber, 2009. "Changes in Compulsory Schooling, Education and the Distribution of Wages in Europe," Economic Journal, Royal Economic Society, vol. 119(536), pages 516-539, March.

    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:17:y:2011:i:6:p:1325-1345. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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.