Education and Earnings in the Tourism Industry – the Role of Sheepskin Effects

Christer Thrane
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Christer Thrane: Department of Social Sciences, Lillehammer University College, 2626 Lillehammer, Norway

Tourism Economics, 2010, vol. 16, issue 3, 549-563

Abstract: This study is the first to report on sheepskin effects in the tourism industry; that is, on the earnings returns to educational degrees net of the returns to accumulated years of schooling. The results show statistically and economically significant sheepskin effects, with the returns to educational degrees clearly exceeding the returns to years of schooling for both male and female employees. Both human capital and sorting explanations of this observation are discussed.

Keywords: earnings; human capital; education; sorting; sheepskin effects (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:sae:toueco:v:16:y:2010:i:3:p:549-563

DOI: 10.5367/000000010792278284

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