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1 – 10 of over 15000While there has been intense debate in the empirical literature over the evolution of the college wage premium in the United States, its evolution in Europe has received little…
Abstract
While there has been intense debate in the empirical literature over the evolution of the college wage premium in the United States, its evolution in Europe has received little attention. This paper investigates the causes of the evolution of the college wage premium in 12 European countries from 1994 to 2009, assessing the relevance of the supply factor as a determinant of the college wage premium. I use cross-country variation in relative supply, demand, and labour market institutions to examine their effects on the trend in wage inequality. I address possible concerns of endogeneity of the relative supply using an IV strategy exploiting the differential legislations of university autonomy and their variations over time. Results show that the strong increase in the relative supply that European countries have experienced has decreased the college wage premium. The most relevant institution is the minimun wage, which significantly decreases college wage premium.
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Michelle (Myongjee) Yoo and Sybil Yang
Forecasting is a vital part of hospitality operations because it allows businesses to make imperative decisions, such as pricing, promotions, distribution, scheduling, and…
Abstract
Forecasting is a vital part of hospitality operations because it allows businesses to make imperative decisions, such as pricing, promotions, distribution, scheduling, and arranging facilities, based on the predicted demand and supply. This chapter covers three main concepts related to forecasting: it provides an understanding of hospitality demand and supply, it introduces several forecasting methods for practical application, and it explains yield management as a function of forecasting. In the first section, characteristics of hospitality demand and supply are described and several techniques for managing demand and supply are addressed. In the second section, several forecasting methods for practical application are explored. In the third section, yield management is covered. Additionally, examples of yield management applications from airlines, hotels, and restaurants are presented.
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Marcelo Biagio Laquimia and Gabriel Eweje
This study investigates how organizations in Brazil address sustainability concerns through collaborative governance efforts with strategic stakeholders. Organizations from New…
Abstract
Purpose
This study investigates how organizations in Brazil address sustainability concerns through collaborative governance efforts with strategic stakeholders. Organizations from New Zealand were considered as benchmarks for comparison.
Methodology/approach
This study is based on a qualitative exploratory research, supported by semistructured interviews. Ten organizations are interviewed, five from each country. Thematic analysis is used to analyze the interview data. Central management practices adopted by organizations are presented, and the goals, benefits, and limitations associated with collaborative initiatives are investigated.
Findings and practical implications
The findings reveal that organizations in Brazil and in New Zealand are employing similar management and sustainability practices. Companies in both countries observe that collaborative efforts with strategic stakeholders improve their ability to meet market demands and jointly develop innovative solutions toward sustainability goals while exchanging knowledge and enhancing their operational effectiveness. Organizations perceive a number of tangible and nontangible value creation outcomes from sustainability practices, such as brand and reputational gains, improved supply chain management, and risk management attainments. The results also present limitations, such as internal limitations of organizations concerning how their executives and general staff incorporate sustainability issues into their organizations’ strategic planning and operational decisions.
Originality/value of paper
Market pressures toward greener and more responsible operations equally affected organizations in both countries, without differentiation in operation between an emerging country such as Brazil and a developed country such as New Zealand. Directions for future research are presented. These are based on how organizations measure sustainability outcomes of management practices and collaborative alliances, and how organizations map upcoming market demands and opportunities to deliver more value to society as the sustainable development debate continues to evolve.
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Siwa Msangi and Miroslav Batka
In this chapter, we explore the future global supply and demand trends for key agricultural products under baseline assumptions of socioeconomic changes in population and income…
Abstract
Purpose
In this chapter, we explore the future global supply and demand trends for key agricultural products under baseline assumptions of socioeconomic changes in population and income. We examine nutritional trends under this baseline to highlight countries that lag behind in attaining key dietary sufficiency targets.
Methodology/approach
Using a global multimarket agricultural model, we disaggregate the key macronutrients within food commodities to understand how progress toward target dietary intake levels of nutrients compares across various regions. We look particularly at those regions whose populations fall into the bottom sixth of nutritional attainment (the Bottom Billion) and note their slow projected progress toward achieving dietary sufficiency in key macronutrients.
Findings
Many countries falling into the Bottom Billion category of nutritional attainment are in Africa and Asia. Colombia is the only Latin American country that fell into this category. Most populations in the Bottom Billion are deficient in carbohydrate, protein, and fiber intake.
Practical implications
Policies aimed at eliminating hunger and improving the nutritional status of populations must be aligned with evolving socioeconomic patterns and changes that shape food consumption and dietary patterns. This analysis evaluates regions of the world in greatest need of attaining sufficient dietary intake of important nutrients, and sets the stage for a deeper discussion of policy options for improving these regions’ food security.
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RHSK de Silva, Puwanendram Gayathri, Krishantha Ganeshan and Suranga DAC Silva
The first section will be the introduction which discusses the global scenario of wellness tourism after the pandemic. The second section of this study is wellness tourism after…
Abstract
The first section will be the introduction which discusses the global scenario of wellness tourism after the pandemic. The second section of this study is wellness tourism after the pandemic in Sri Lanka. This title is an overview based on the homestays which are practicing wellness tourism at the Veludvara Wellness Stay, 98 Acres Resort and Spa and Ella Yoga Hub, and it examines the tourist perspective on wellness tourism after the pandemic. The third section discusses global best practices and policy development in this regard. The fourth section of this study focuses on demand and trends that can be promoted to future wellness tourism and conclude with recommendations. This study followed a qualitative method which is carried out with interviews, observation and secondary data such as books, websites, research papers, articles and other published materials. The impact of this research work is focused on stakeholders in wellness tourism, such as service providers, entrepreneurs, policymakers and other relevant authorities to fulfil gaps in the wellness tourism sector. Furthermore, this will be a good overview for tourists who are willing to get the experience of wellness tourism after the pandemic and identify its future values and demands.
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Gabor Pula and Tuomas A. Peltonen
Due to the emergence of global production networks, trade statistics have became less accurate in describing the dependence of emerging Asia on external demand. This chapter…
Abstract
Due to the emergence of global production networks, trade statistics have became less accurate in describing the dependence of emerging Asia on external demand. This chapter analyses, using an update of the Asian International Input–Output (AIO) table, the interdependence of emerging Asian economies, the United States, the EU15, and Japan via trade and production linkages. According to the results, we do not find evidence of the decoupling of emerging Asia from the rest of the world. On the contrary, we find evidence on increasing trade integration, both globally and regionally. Nonetheless, our analysis indicates that emerging Asia's dependence on exports is only about one-third of its GDP, that is, well below the 50% exposure suggested by trade data. This finding can be explained by the high import content of exports in these economies, which is a result of the increasing segmentation of production across the region.
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Puwanendram Gayathri, Baghya Erathna, Krishantha Ganeshan, Suranga DAC Silva and Himalee de Silva
This chapter considers the current situation of community-based tourism (CBT) in Sri Lanka, available potentials to promote this for the future tourism industry in Sri Lanka and…
Abstract
This chapter considers the current situation of community-based tourism (CBT) in Sri Lanka, available potentials to promote this for the future tourism industry in Sri Lanka and demand and global trends of CBT. This chapter consists of an introduction examining CBT in the global scenario. This chapter's second title discusses the potential of CBT in Sri Lanka. The third topic concerns the demand and trends of CBT in a changing economy. The fourth topic is discussing global best practices and policies for CBT development. Finally, it concludes with recommendations and suggestions for CBT development in Sri Lanka.
This case study was conducted through qualitative analysis, and data will be collected with primary and secondary data. Primary data will be collected through interviews with industry stakeholders, tourists and other relevant interviewees. In addition, it will be carried out observation on selected community-based destinations. Furthermore, the secondary data will be gathered through books, articles, research papers, websites and other materials. This chapter conducted an empirical study on CBT in Sri Lanka. It brings the values of CBT to a changing economy. Furthermore, this study identified problems, potentials, demands and trends for future tourism development by evaluating global best practices and policies.
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Elizabeth A. Roumell and Kevin Roessger
In a world where the continual combining of computer applications and the expansion of artificial intelligence is already necessarily changing the world of work for people, an…
Abstract
In a world where the continual combining of computer applications and the expansion of artificial intelligence is already necessarily changing the world of work for people, an education system that does not adequately respond to these trends and changes will render itself irrelevant. Education policy and regulation may suffer at the hand of such accelerations due to unexpected consequences and developments. However, the rapid, exponential improvements in computer hardware and software that have enhanced the rate and our ability to gather, transform, manipulate, and interpret these data in an ongoing fashion also present myriad educational opportunities. The so-called Fourth Industrial Revolution offers societies data and information capabilities previously unimagined, making it possible to learn how to combine, innovate, and imagine entirely new avenues for building responsive and intelligent education policies and systems that promote the education and wellbeing of citizens as well as improving their economic participation. These advances necessitate a growing number of educators and education systems who can intelligently respond to Industry 4.0 trends. In this chapter, some considerations regarding the use of large-scale, international datasets and emerging data analytics for analyzing policy for the governance of education are offered, and a discussion of the need for the more systematic use of data analytics as a mechanism for developing socially responsive adult learning and workforce education policy and programing.
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