This article considers an Ordered Probit estimation to check the influence of aspects of the Natural Park of Madeira on the satisfaction that tourists get from the visit to the Park area, which is not only a biophysical balance factor but also the repository of the collective memory and identity of the island. The Park corresponds to 2/3 of the island, whose main economic sector is tourism.Using ...
In this paper we investigate the connection between education and wage inequality in nine European countries. We exploit the quantile regression technique to calculate returns to lower secondary, upper secondary and tertiary education at different points of the wage distribution. Using data from the last few decades, we describe changes in the conditional wage distribution of the surveyed countries. We find tha...
The lack of formal education and competences of the Portuguese workers is one of the biggest problems of the country. This lack is disappearing as quickly as desired and the young generations still lag far behind those in other OECD countries. This paper studies the intergenerational transmission of education achievement, in particular higher education completion, seeking to determine the influence on future at...
This research studies if there are different valuations of nature attributes due to different socio-demographic characteristics of the individuals. We use the case of the Natural Park of Madeira and the valuation of its different attributes by the tourists to test if there are differences due to gender, age, education, and nationality; we control by the duration and number of previous visits to the destination....
In this paper, we use self-assessed data from participants in vocational train ing in Madeira to investigate what are the determinants of the effectiveness of the training along three dimensions: employment, job-related skills and produc tivity. We find that respondents score training activities high in every dimension. Moreover, we find that training is more effective among the educated, indicat ing that vocat...
In this paper, we analyse the transition to the labor market of participants in vocational training in Madeira in Portugal. The analysis is in two stages. First, we investigate how the employ ment status at different dates (1 month, 1 year, and 2 years after the completion of the training program) depends on relevant variables, such as age, gender, education and the content and duration of the training. Second,...
This research studies the importance placed on different aspects of a tourism destination – Madeira Island – at the time tourists make their decision to visit. The authors use an ordered probit model to see how the socio-demographic characteristics of the tourists and different aspects of the trip affect the valuation given to 30 different aspects of the destination. They conclude that males tend to value 12 of...
We implement a stated preferences choice game and estimate a conditional logit model to learn the determinants of airline choice and to quantify consumers' willingness to pay for airline services attributes such as flight frequency, punctuality warranties and comfort in the Portuguese air corridor between Madeira and Oporto; the third and second most important Portuguese airports, respectively. We show that our...