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Employment, Capital and Seasonality in Selected Mediterranean Countries

Author

Listed:
  • Alka Obadiæ Lorena Pehar

    (Department of Macroeconomics and Economic Development, University of Zagreb, Faculty of Economics and Business, Zagreb, Croatia Graduate student at the University of Zagreb, Faculty of Economics and Business, Zagreb, Croatia)

Abstract

The paper examines the influence of tourism industry on GDP, employment and capital investments in selected Mediterranean countries (Croatia, France, Greece, Italy and Spain). It points out important contribution which tourism has on economic activity and capital investment of selected economies and labour market. The analysis highlights the importance of tourism strength in generating employment. It synthesizes data on tourism employment and employment according to educational level. The results show that the quality of human capital is increasing but at the same time indicating gender discrimination in tourism labour market. Despite women being the majority of higher education degree holders in tourism, men hold upper-management and decision-making positions more often than women do. Lastly the paper indicates strong contribution of tourism sector in GDP and total employment in selected countries showing strong problem of seasonality. JEL Classification: J40, J70, Z30

Suggested Citation

  • Alka Obadiæ Lorena Pehar, 2016. "Employment, Capital and Seasonality in Selected Mediterranean Countries," Zagreb International Review of Economics and Business, Faculty of Economics and Business, University of Zagreb, vol. 19(SCI), pages 43-58, December.
    • Handle: RePEc:zag:zirebs:v:19:y:2016:i:sci:p:43-58
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    References listed on IDEAS

    as
    1. John Coshall & Richard Charlesworth & Stephen J. Page, 2015. "Seasonality of Overseas Tourism Demand in Scotland: A Regional Analysis," Regional Studies, Taylor & Francis Journals, vol. 49(10), pages 1603-1620, October.
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    More about this item

    Keywords

    tourism impact; tourism contribution; educational level; seasonal employment;
    All these keywords.

    JEL classification:

    • J40 - Labor and Demographic Economics - - Particular Labor Markets - - - General
    • J70 - Labor and Demographic Economics - - Labor Discrimination - - - General
    • Z30 - Other Special Topics - - Tourism Economics - - - General

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