Human capital and labor market segmentation in the Rosario islands

The Rosario Island are known such as one of the better tourist attractions in the world, however, its tourist development hasn´t been reflected in a better quality of life for its residents, who has high level of poverty and misery. The present article shows a characterization of the labour supply o...

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Detalles Bibliográficos
Autores principales: Yánez-Contreras, Martha, Mercado-Mejia, Menis, Acevedo-González, Karina
Formato: Revistas
Lenguaje:Español
Publicado: Universidad de Cartagena 2008
Acceso en línea:https://revistas.unicartagena.edu.co/index.php/panoramaeconomico/article/view/383
Descripción
Sumario:The Rosario Island are known such as one of the better tourist attractions in the world, however, its tourist development hasn´t been reflected in a better quality of life for its residents, who has high level of poverty and misery. The present article shows a characterization of the labour supply of the Rosario Island and estimates through a probit model, the probability of a resident of belonging to the primary segment, which contains the steadiest employees. The results show that the low level of education and training of the residents hinder them the access to an employment with stability, nevertheless, this hindrance increase if the resident is a woman, young or raizal. Specifically, a women with the same level of human capital than a man has a 21,2% less of probability of obtaining a employment in the primary segment, whereas a raizal person has a 14,8% less of probability than a non raizal person.Key Words: human capital, labor market segmentation, Rosario Islands, probit model, selection bias.