A COMPARATIVE ANALYSIS OF EMPLOYMENT STABILITY IN TOURISM – EU, HUNGARY AND ROMANIA
Abstract
The authors aim to measure the cross-country correlations in the area of stable employment in tourism. One item of interest for the analysis is the link, presumably non-existent, between stable jobs (people characterized by the average seniority of work in tourism). Upon testing the unit root for the data, we have resorted to differentiate them on the first order, a measure which indicates the acceleration, from one period to the next, of the indicator behind the data series. Our goal, thus, is to measure if labor force might shift from stable jobs in one analyzed country, to others. Then, multiple regression was applied on the data, including also two lags of the independent variables. The equations were commented from the viewpoint of their tests and characteristic, also we have used graphical representation to illustrate some points in the presentation.
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