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

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  • 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
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    References listed on IDEAS

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    Cited by:

    1. Marina Marfil-Cotilla & Juan A. Campos-Soria & Alejandro García-Pozo, 2024. "The gender wage gap across the wage distribution: Evidence in tourism at the sectoral level," Tourism Economics, , vol. 30(4), pages 996-1020, June.
    2. Casado-Díaz, José M. & Simón, Hipólito, 2016. "Wage differences in the hospitality sector," Tourism Management, Elsevier, vol. 52(C), pages 96-109.
    3. 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.

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