Real Wages as Determinant of Labour Productivity in the Mexican Tourism Sector

Authors

  • Juan Gabriel Brida Competence Centre in Tourism Management and Tourism Economics (TOMTE), School of Economics and Management - Free University of Bolzano, Universitätsplatz 1 - piazza Università, 1, I – 39100. Bolzano, Italy; phone: +390471013492, fax: +390471013 009, e-mail: JuanGabriel.Brida@unibz.it.
  • Wiston Adrián Risso Department of Economics - University of Siena, Italy; phone: +39 0577 235058, fax: +39 0577 232661, e-mail: risso@unisi.it
  • Edgar J. Sanchez Carrera Department of Economics - University of Siena, Italy; phone: +39 0577 235058, fax: +39 0577 232661, e-mail: risso@unisi.it
  • Edgar J. Sanchez Carrera Department of Economics - University of Siena, Italy; phone: +39 0577 235058, fax: +39 0577 232661, e-mail: sanchezcarre@unisi.it

Keywords:

Labour Productivity, Real Wages, Cointegration test

Abstract

In this paper we use time-series techniques to estimate the long-run relationship between real wages and labour productivity in the Mexican tourism. Using yearly data from 1970 to 2004, we find a cointegration relationship showing that the average labour productivity depends positively on real wages. We show that real wage is weakly exogenous and causes labour productivity. Moreover, the impulse-response function shows that a positive shock in real wages produces a small negative effect in productivity for two years followed by a large positive one.

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Published

2010-03-01

How to Cite

Brida, J. ., Risso, W. ., Carrera, E. ., & Carrera, E. . (2010). Real Wages as Determinant of Labour Productivity in the Mexican Tourism Sector. European Journal of Tourism Research, 3(1), 67–76. Retrieved from https://ejtr.vumk.eu/index.php/about/article/view/46