Although the measurement of efficiency and productivity in the tourism industry at the micro level has been the subject of considerable research in recent years, there has been little research at the macro level. Using data envelopment analysis, this paper analyses the efficiency of the tourism sector in 105 countries, including 34 developed and 71 developing countries. It finds that globalization and accessibility are critical for the efficiency of the tourism sector in developing countries and that labour productivity may be a good proxy for the efficiency of the aggregate tourism industry.
In this research we show that workers aged 30–44 were significantly more likely than those aged 45–59 to find a job a year after being unemployed. The main contribution is demonstrating empirically that since older workers’ difficulties are related to their age, while for younger individuals the difficulties are more related to the business cycle, policy makers must devise different programs to address unemployment among young and older individuals. The solution to youth unemployment is the creation of more jobs, and combining differential minimum wage levels and earned income tax credits might improve the rate of employment for older individuals.
Purpose
– The purpose of this article is to examine the existence of biased stereotypes about older workers. What are the economic implications of such biased stereotypes? Finally, what policy measures are required in order to achieve efficiency in the labor market?
Design/methodology/approach
– The authors grouped 25 opinions about older workers into three categories of stereotypes. The first category dealt with the productivity of older staff. The other two categories addressed their reliability and adaptability. The authors then questioned 312 Israeli respondents about the degree to which they agreed or disagreed with the opinions. Finally, the authors examined theoretically the economic effects of biased stereotypes about older workers.
Findings
– The study demonstrates that individual and organizational characteristics affect employers' attitudes. Age was a significant factor in all three categories. The older the respondent, the fewer prejudices he or she had against older workers. Other characteristics such as gender, interaction with older workers, the nature of the respondent's work in the organization, the age of the employees, and the size of the organization were all significant, but not always, and not in all three categories. The findings imply that there are biased stereotypes about older workers, so the allocation of workers is distorted, which leads to a failure of the market.
Originality/value
– The results strengthen the economic justification for policy intervention to correct the distorted level of employment of older workers in the labor market.
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