Real Wage as Determinant of Labour Productivity in the Mexican Tourism

European Journal of Tourism Research, Vol. 3, No. 1, pp. 67-76

Posted: 11 May 2011

See all articles by Juan Gabriel Brida

Juan Gabriel Brida

Universidad de la República

Wiston Adrián Risso

University of Siena - Department of Economics

Edgar Javier Sanchez Carrera

University of Siena - Department of Economics

Date Written: November 28, 2008

Abstract

In this paper we study the effects of real wage on labour productivity for the Mexican Tourism sector. Using yearly data from 1970 to 2004, we find a cointegration relationship showing that average labour productivity depends positively on the real wage. We also show that real wage is weak exogenous and causes labor 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.

Suggested Citation

Brida, Juan Gabriel and Risso, Wiston Adrián and Sanchez Carrera, Edgar Javier, Real Wage as Determinant of Labour Productivity in the Mexican Tourism (November 28, 2008). European Journal of Tourism Research, Vol. 3, No. 1, pp. 67-76, Available at SSRN: https://ssrn.com/abstract=1308577

Juan Gabriel Brida

Universidad de la República ( email )

Av. 18 de Julio
Montevideo, 1968
Uruguay

Wiston Adrián Risso

University of Siena - Department of Economics ( email )

Piazza S. Francesco, 7
Siena, I-53100
Italy
00390577235058 (Phone)

Edgar Javier Sanchez Carrera (Contact Author)

University of Siena - Department of Economics ( email )

Piazza S. Francesco, 7
Siena, I-53100
Italy

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