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Labour Productivity and Investments as Determinants of Wages: A Pool Data Analysis of the Romanian Hotel and Restaurant Sector

Author

Listed:
  • Camelia Surugiu

    (National Institute for Research and Development in Tourism, 17 Apolodor Street, Bucharest, Sector 5, Postal Code 050741, Romania)

  • Marius-Razvan Surugiu

    (Institute of National Economy, 13 Calea 13 Septembrie, Bucharest, Sector 5, Postal Code 050711, Romania)

  • Ana-Irina Dinca

    (Faculty of Geography, University of Bucharest, 1 Nicolae Blcescu Avenue, Bucharest, Sector 1, Postal Code 010041, Romania)

  • Cristi Frent

    (National Institute for Research and Development in Tourism, 17 Apolodor Street, Bucharest, Sector 5, Postal Code 050741, Romania)

Abstract

This paper analyses the factors influencing wages in the hotel and restaurant sector of Romania on the basis of a macroeconomic and regional analysis of gross investments and employment in the tourism industry. The authors constructed a pool data model to investigate the existing relationship between real wages, labour productivity and gross investments in the eight development regions of Romania during 1999–2007. The results may be useful to policy makers and professionals seeking to understand the mechanism of the tourism labour market in Romania and, further, to mobilize the labour force in the sector in order to obtain better results by using appropriate instruments adapted to domestic labour.

Suggested Citation

  • Camelia Surugiu & Marius-Razvan Surugiu & Ana-Irina Dinca & Cristi Frent, 2012. "Labour Productivity and Investments as Determinants of Wages: A Pool Data Analysis of the Romanian Hotel and Restaurant Sector," Tourism Economics, , vol. 18(1), pages 219-242, February.
    • Handle: RePEc:sae:toueco:v:18:y:2012:i:1:p:219-242
    DOI: 10.5367/te.2012.0099
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    References listed on IDEAS

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    1. Mihai Ioan Mutascu & Anne-Marie Fleischer, 2010. "A VAR Analysis of FDI and Wages: The Romania's Case," International Journal of Business and Economic Sciences Applied Research (IJBESAR), Democritus University of Thrace (DUTH), Kavala Campus, Greece, vol. 3(2), pages 41-56, December.
    2. Arjun S. Bedi & Andrzej Cielik, 2002. "Wages and wage growth in Poland: The role of foreign direct investment," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 10(1), pages 1-27.
    3. Marianna Sigala & Peter Jones & Andrew Lockwood & David Airey, 2005. "Productivity in hotels: a stepwise data envelopment analysis of hotels' rooms division processes," The Service Industries Journal, Taylor & Francis Journals, vol. 25(1), pages 61-81, January.
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    Cited by:

    1. Jeroen Klijs & Jack Peerlings & Wim Heijman, 2017. "Introducing labour productivity changes into models used for economic impact analysis in tourism," Tourism Economics, , vol. 23(3), pages 561-576, May.

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