fbpx

Konstantinos Krikonis – Department of Business Administration, University of Macedonia, Thessaloniki, Greece

Ioannis Konstantaras – Department of Business Administration, University of Macedonia, Thessaloniki, Greece

Keywords:
Oaxaca decomposition;
Tourism wage model;
Job location selection

DOI: https://doi.org/10.31410/LIMEN.S.P.2023.185

Abstract: Tourism industry wages are dominated by seasonality, with no detailed key factors affecting monthly salary available for candidates and employers. Using Blinder-Oaxaca wage decomposition technique, the au­thors identified the impact of job location, education, gender and other fac­tors within the Greek Tourism Industry during the summer season of 2023. Analyzing 600 job offers involving 2500 candidates and 320 companies, the paper provides a comprehensive dataset that can yield valuable insights into the dynamics of the market. The authors identified across-country in­come variations, based on geographic trends and emphasized the role of education. Based on the results, even though the pandemic has offered new job prospects, especially for female employees, the gender wage gap is still widely apparent in the industry. By exploring these aspects, this paper offers a nuanced understanding of salary variations providing valuable informa­tion for professionals making career decisions and businesses seeking to op­timize their talent strategies.

 

Download file

LIMEN Conference

9th International Scientific-Business Conference – LIMEN 2023 – Leadership, Innovation, Management and Economics: Integrated Politics of Research – SELECTED PAPERS, Hybrid (Graz University of Technology, Graz, Austria), December 7, 2023

LIMEN Selected papers published by the Association of Economists and Managers of the Balkans, Belgrade, Serbia

LIMEN Conference 2023 Selected papers: ISBN 978-86-80194-79-0, ISSN 2683-6149, DOI: https://doi.org/10.31410/LIMEN.S.P.2023

Creative Commons Non Commercial CC BY-NC: This article is distributed under the terms of the Creative Commons Attribution-Non-Commercial 4.0 License (https://creativecommons.org/licenses/by-nc/4.0/) which permits non-commercial use, reproduction and distribution of the work without further permission. 

Suggested citation

Krikonis, K., & Konstantaras, I. (2023). Income Inequalities during the Post-covid Era in the Greek Tourism Industry. In V. Bevanda (Ed.), International Scientific-Business Conference – LIMEN 2023: Vol 9. Selected papers (pp. 185-191). Association of Economists and Managers of the Balkans. https://doi.org/10.31410/LIMEN.S.P.2023.185

References

Blinder, A. S. (1973). Wage Discrimination: Reduced Form and Structural Estimates. The Jour­nal of Human Resources, 8(4), 436. https://doi.org/10.2307/144855 

Duro, J. A., & Turrión-Prats, J. (2019). Tourism seasonality worldwide. Tourism Management Perspectives, 31, 38-53. https://doi.org/10.1016/j.tmp.2019.03.010 

Elder, T. E., Goddeeris, J. H., & Haider, S. J. (2010). Unexplained gaps and Oaxaca-Blinder decom­positions. Labour Economics, 17(1), 284-290. https://doi.org/10.1016/j.labeco.2009.11.002 

Falk, M., & Lin, X. (2018). Sensitivity of winter tourism to temperature increases over the last decades. Economic Modelling, 71, 174-183. https://doi.org/10.1016/j.econmod.2017.12.011 

Freund, D., & Hernandez-Maskivker, G. (2021). Women managers in tourism: Associations for building a sustainable world. Tourism Management Perspectives, 38, 100820. https://doi.org/10.1016/j.tmp.2021.100820  

Laurimäe, M., Paas, T., & Paulus, A. (2022). The effect of COVID-19 and the wage compen­sation measure on income-related gender disparities. Baltic Journal of Economics, 22(2), 146-166. https://doi.org/10.1080/1406099x.2022.2149976 

Mariolis, T., Rodousakis, N., & Soklis, G. (2021). The COVID-19 multiplier effects of tourism on the Greek economy. Tourism Economics, 27(8), 1848-1855. https://doi.org/10.1177/1354816620946547  

Moreno-Alarcón, D., & Cañada – Mullor, E. (2018). Gender Dimension on Tourism. Alba Sud Publishing.

Moretti, E., Boeri, T., Ichino, A., & Posch, J. (2017). Unintended consequences of nominal wage equality across regions. Conference.iza.org.

Mtapuri, O., & Giampiccoli, A. (2021). Beyond COVID-19: An Opportunity for a New Tourism Sector. International Journal of Hospitality & Tourism Systems.

Murhekar, M. V., Bhatnagar, T., Thangaraj, J. W. V., Saravanakumar, V., Kumar, M. S., Selva­raju, S., Rade, K., Kumar, C. P. G., Sabarinathan, R., Turuk, A., Asthana, S., Balachan­dar, R., Bangar, S. D., Bansal, A. K., Chopra, V., Das, D., Deb, A. K., Devi, K. R., Dhikav, V., … Bhargava, B. (2021). SARS-CoV-2 Sero-Prevalence Among General Population and Healthcare Workers in India, December 2020 – January 2021. SSRN Electronic Journal. https://doi.org/10.2139/ssrn.3797589 

Oaxaca, R. (1973). Male-Female Wage Differentials in Urban Labor Markets. International Economic Review, 14(3), 693. https://doi.org/10.2307/2525981 

Oshchepkov, A. (2021). Gender Pay Gap in Russia: Literature Review and New Decomposition Re­sults. Gendering Post-Soviet Space, 211-233. https://doi.org/10.1007/978-981-15-9358-1_10 

Segovia-Pérez, M., Figueroa-Domecq, C., Fuentes-Moraleda, L., & Muñoz-Mazón, A. (2019). In­corporating a gender approach in the hospitality industry: Female executives’ perceptions. International Journal of Hospitality Management, 76, 184-193. https://doi.org/10.1016/j.ijhm.2018.05.008  

Smeral, E. (2010). Impacts of the World Recession and Economic Crisis on Tourism: Fore­casts and Potential Risks. Journal of Travel Research, 49(1), 31-38. https://doi.org/10.1177/0047287509353192 

Smith, P. (2004). How long before a change in soil organic carbon can be detected? Global Change Biology, 10(11), 1878-1883. https://doi.org/10.1111/j.13652486.2004.00854.x 

Sun, Y.-Y., Li, M., Lenzen, M., Malik, A., & Pomponi, F. (2022). Tourism, job vulnerabili­ty and income inequality during the COVID-19 pandemic: A global perspective. An­nals of Tourism Research Empirical Insights, 3(1), 100046. https://doi.org/10.1016/j.annale.2022.100046 

United Nations. (2021). Goal 8: Decent work and economic growth. Sustainable Development Goals Report 2021. Retrieved from https://unstats.un.org/sdgs/report/2021/goal-08/ 

United Nations World Tourism Organization (UNWTO). (2019). ‘Overtourism’? – Understand­ing and Managing Urban Tourism Growth beyond Perceptions, Volume 2: Case Studies.

World Travel and Tourism Council. (2018). “Economic Impact 2018 World”.

WTTC. (2019). Importance & Economic Impact of Domestic Tourism. London. Retrieved from https://www.wttc.org/economic-impact/country-analysis/domestic-tourism/ 

Connect with us

Association of Economists and Managers of the Balkans – UdEkoM Balkan
179 Ustanicka St, 11000 Belgrade, Republic of Serbia

https://www.udekom.org.rs/home

Udekom Balkans is a dynamic non-governmental and non-profit organization, established in 2014 with a mission to foster the growth of scientific knowledge within the Balkan region and beyond. Our primary objectives include advancing the fields of management and economics, as well as providing educational resources to our members and the wider public.

Who We Are: Our members include esteemed university professors from various scientific disciplines, postgraduate students, and experts from ministries, public administrations, private and public enterprises, multinational corporations, associations, and similar organizations.

Building Bridges Together: Over the course of ten years since our establishment, the Association of Economists and Managers of the Balkans has established impactful partnerships with more than 1,000 diverse institutions across the Balkans region and worldwide.

LIMEN conference publications are licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.