Labor as a factor of production in tourism economy
Labor as a factor of production in tourism economy

Summary/Abstract: Factors of production are the means involved in the production of material goods and services. In classical theory, the factors of production are labor, land, capital. They are supplemented in the modern sense by the fourth factor that includes technical and organizational progress, information, innovation and knowledge. Factors of production also contribute to the functioning of the tourism economy. The paper presents the theoretical issues of the role of the factor of labor in a broadly understood tourism economy. Tourism employment includes not only employees of tourism enterprises but also public entities serving tourist traffic in tourist destinations, i.e.: employees of local governments and non-governmental organizations (including tourism associations). The aim of the study is to identify elements that shape the labor factor within the tourism economy. The importance of this factor in the factors of production of the tourism economy was indicated. Quantitative and qualitative criteria for assessing labor in the tourism economy were also presented. In addition, the marketing aspects of the labor factor in the tourism economy were indicated as well.

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