|
on Informal and Underground Economics |
By: | PHAM Thi Hong Hanh |
Abstract: | A number of theoretical studies have tended to trace the nature of globalization process’ impacts (mostly characterised by trade opening) on informality, while relevant empirical literature has been not well developed. The paper aims to fill this knowledge gap by shedding further light on the linkages running from globalisation to informality in developing countries. Moreover, in this study, globalisation is characterised not only by trade integration but also by other globalisation aspects, such as social globalisation, financial globalisation and so forth. To achieve the main objective, we employ the Bayesian statistical techniques, which allow one to determine, from a large set of different globalization indicators, a subset of indicators most likely to influence the size of informality. Our finding reveals that the indicators with consistently high inclusion probabilities are trade integration, trade reforms, de jure financial openness and social globalisation. On the other hand, many covariates found significant in previous empirical studies are not robust to including in informality modelling. |
Keywords: | Globalisation, Informality, Bayesian Model Averaging, Developing countries |
JEL: | F16 F41 O17 J21 |
Date: | 2011–10 |
URL: | http://d.repec.org/n?u=RePEc:wsr:wpaper:y:2011:i:074&r=iue |
By: | Laura Munro |
Abstract: | This report provides a summary of the literature on the relationship between trade and informality in developing countries, with an emphasis on the BRIICS. While main conclusions of the ILO and WTO (2009) literature review are highlighted, the report focuses on additional and more recent literature. The report investigates four key issues in the literature on trade and informal labour markets: (1) theoretical predictions for trade and informality; (2) how trade liberalisation affects informal labour markets; (3) how trade flows affect the informal economy; and (4) what implications informality has for trade and growth. The main conclusion from this review is that empirical evidence on the relationship between trade and informality is complex and context-specific. Several of the empirical analyses reviewed in this report suggest that this variation is due to country-specific characteristics (in particular, labour market rigidity, capital mobility, level of economic development and heterogeneity of the informal workforce). Variation can also be partly explained by the fact that different methodologies are used and different measures of informality are employed across studies. |
Keywords: | trade, employment, wages, inclusive growth |
JEL: | F16 |
Date: | 2011–10–19 |
URL: | http://d.repec.org/n?u=RePEc:oec:traaab:132-en&r=iue |
By: | Franz Hamann; Luis-Fernando Mejía |
Abstract: | Este trabajo presenta un modelo de equilibrio parcial dinámico de emprendedores que escogen establecerse en el sector formal o en el informal. Esta decisión es el resultado de un análisis de los costos y beneficios estáticos y dinámicos asociados a operar en cada uno de los dos sectores que incluyen los costos salariales, las tasas impositivas, los costos de crear y liquidar una empresa formal y la posibilidad de acceder al sistema financiero. El modelo es calibrado para replicar tanto el promedio como una medida de la dispersión del valor agregado relativo del sector formal versus el sector informal en Colombia para el período 2000-2007. Posteriormente, el trabajo investiga el impacto de diversas políticas de formalización sobre el tamaño relativo del sector formal. Las simulaciones encuentran que reducciones en los costos asociados a operar en el sector formal pueden conducir a aumentos considerables en el tamaño relativo del sector formal. El costo de montar una empresa, en especial, tiene efectos grandes sobre el tamaño de la formalidad. Los resultados sugieren, entonces, que el marco legal de regulación del sector formal en Colombia actúa como una barrera importante para la formalización empresarial. |
Date: | 2011–10–19 |
URL: | http://d.repec.org/n?u=RePEc:col:000094:009078&r=iue |
By: | JOÃO HALLAK NETO (IBGE / UFRJ); KATIA NAMIR (IBGE); LUCIENE KOZOVITS (IBGE) |
Date: | 2011 |
URL: | http://d.repec.org/n?u=RePEc:anp:en2010:206&r=iue |
By: | KÊNIA BARREIRO DE SOUZA (UFJF); RICARDO DA SILVA FREGUGLIA (UFJF); SUZANA QUINET DE ANDRADE BASTOS (UFJF) |
Date: | 2011 |
URL: | http://d.repec.org/n?u=RePEc:anp:en2010:214&r=iue |
By: | HILTON MARTINS DE BRITO RAMALHO (UFPB); RAUL DA MOTA SILVEIRA NETO (UFPE/PIMES) |
Date: | 2011 |
URL: | http://d.repec.org/n?u=RePEc:anp:en2010:010&r=iue |
By: | Honorio Kume; Guida Piani; Pedro Miranda |
Date: | 2011 |
URL: | http://d.repec.org/n?u=RePEc:anp:en2009:116&r=iue |
By: | Wehinger, Frank |
Abstract: | This research report gives an overview of the academic literature on illegal markets. Compared to legal markets, the sociology of markets has largely neglected illegal markets and the report therefore encourages their investigation. Results are presented from studies in criminology, sociology, political science, anthropology, economics, and other disciplines and a typology of illegal markets is developed. The literature review is used as a basis to summarize, from an economic sociological perspective, the characteristics of illegal markets with regard to market structure, organization, and processes. The report suggests areas of future research whose results would add to the general understanding of markets. -- Anders als legale Märkte sind illegale Märkte in der marktsoziologischen Forschung bislang kaum beachtet worden. Hier knüpft das Working Paper an: Es gibt einen Überblick über die wissenschaftliche Literatur zu illegalen Märkten mit dem Ziel, ihre Erforschung voranzutreiben. Auf der Basis einer eigenen Klassifikation werden die Ergebnisse kriminologischer, soziologischer, politikwissenschaftlicher, anthropologischer, wirtschaftswissenschaftlicher und weiterer Studien zu einzelnen illegalen Märkten vorgestellt. Davon ausgehend werden ihre strukturellen, organisatorischen und prozessualen Merkmale aus einer wirtschaftssoziologischen Perspektive zusammengefasst. Der Bericht schlägt Themenbereiche für eine zukünftige Erforschung illegaler Märkte vor, deren Ergebnisse auch zum allgemeinen Verständnis von Märkten beitragen sollen. |
Date: | 2011 |
URL: | http://d.repec.org/n?u=RePEc:zbw:mpifgw:116&r=iue |