The Economics Of The Informal Sector A Simple Model And Some Empirical Evidence From Latin America
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The Economics Of The Informal Sector A Simple Model And Some Empirical Evidence From Latin America
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Author : Norman A. Loayza
language : en
Publisher: World Bank Publications
Release Date : 1997
The Economics Of The Informal Sector A Simple Model And Some Empirical Evidence From Latin America written by Norman A. Loayza and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with Costos - America Latina categories.
Economics Of The Informal Sector
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Author : Norman Loayza
language : en
Publisher:
Release Date : 1999
Economics Of The Informal Sector written by Norman Loayza and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with categories.
February 1997 An increase in the size of the informal sector hurts growth by reducing the availability for public services for everyone in the economy and increasing the number of activities that use some existing public services less efficiently or not at all. Loayza presents the view that informal economies arise when governments impose excessive taxes and regulations that they are unable to enforce. Loayza studies the determinants and effects of the informal sector using an endogenous growth model whose production technology depends essentially on congestable public services. In this model, changes (in both policy parameters and the quality of government institutions) that promote an increase in the relative size of the informal economy will also generate a reduction in the rate of economic growth. Using data from Latin American countries in the early 1990s, Loayza tests some of the model's implications and estimates the size of the informal sector in these countries - identifying the size of the informal sector to latent variable for which multiple causes and indicators exist. The results suggest that: * The size of the informal sector depends positively on proxies for tax burden and restrictions on the labor market. * It depends negatively on a proxy for the quality of government institutions. * An increase in the size of the informal sector hurts growth by reducing the availability of public services for everyone in the economy and by increasing the number of activities that use some existing public services less efficiently or not at all. This paper - a product of the Macroeconomics and Growth Division, Policy Research Department - is part of a larger effort in the department to examine the determinants of economic growth.
The Economics Of The Informal Sector
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Author : Norman Loayza
language : en
Publisher:
Release Date : 2016
The Economics Of The Informal Sector written by Norman Loayza and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with categories.
An increase in the size of the informal sector hurts growth by reducing the availability for public services for everyone in the economy and increasing the number of activities that use some existing public services less efficiently or not at all.Loayza presents the view that informal economies arise when governments impose excessive taxes and regulations that they are unable to enforce. Loayza studies the determinants and effects of the informal sector using an endogenous growth model whose production technology depends essentially on congestable public services. In this model, changes (in both policy parameters and the quality of government institutions) that promote an increase in the relative size of the informal economy will also generate a reduction in the rate of economic growth.Using data from Latin American countries in the early 1990s, Loayza tests some of the model's implications and estimates the size of the informal sector in these countries - identifying the size of the informal sector to latent variable for which multiple causes and indicators exist. The results suggest that:The size of the informal sector depends positively on proxies for tax burden and restrictions on the labor market.It depends negatively on a proxy for the quality of government institutions.An increase in the size of the informal sector hurts growth by reducing the availability of public services for everyone in the economy and by increasing the number of activities that use some existing public services less efficiently or not at all.This paper - a product of the Macroeconomics and Growth Division, Policy Research Department - is part of a larger effort in the department to examine the determinants of economic growth.
The Economics Of The Informal Sector
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Author : Loayza
language : en
Publisher:
Release Date : 2013
The Economics Of The Informal Sector written by Loayza and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013 with categories.
The Informal Economy In Developing Countries
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Author : Jean-Pierre Cling
language : en
Publisher: Routledge
Release Date : 2014-08-21
The Informal Economy In Developing Countries written by Jean-Pierre Cling and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-08-21 with Business & Economics categories.
Informality is ubiquitous in most developing countries. Understanding the informal economy is therefore of utmost importance from a political, economic and social point of view. Paradoxically, despite its economic importance, knowledge is extremely limited regarding the informal economy. It remains largely unrecognized by researchers, is neglected by politicians, and is even negatively perceived as it is meant to disappear with development. This book aims to amend this situation by presenting recent high level research which studies the informal sector and informal employment. Fresh research into this subject is presented through empirical analysis which covers Asia, Africa and Latin America. Each chapter relies on data and a detailed knowledge of the context of the countries studied in order to question the dominant schools of thought on the origins and causes of informality. The results provide interesting insights into the constraints faced by informal workers, the dynamics of the informal economy and its link with poverty issues. On the basis of the evidences provided by results adequate policies could be defined to address informality issues. The principal characteristics of the informal sector testify to some profound similarities between developing countries: low qualifications and the precariousness of jobs, mediocre incomes and working conditions, atomization of production units and lack of articulation with the formal economy, etc. This general statement does not contradict the observation that there is a high level of heterogeneity in the sector and in informal employment within each country, confirmed by several chapters in this work. In the absence of a sufficient number of job creations, the informal sector essentially constitutes a refuge for workers seeking and is here to stay in the short and medium term, even in emerging countries.
The Informal Economy In Developing Nations
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Author : Erika Kraemer-Mbula
language : en
Publisher: Cambridge University Press
Release Date : 2016-10-20
The Informal Economy In Developing Nations written by Erika Kraemer-Mbula and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-10-20 with Business & Economics categories.
This pioneering study offers a conceptual model and rich empirical evidence to help researchers and policy-makers understand informal innovation in developing countries.
Revisiting The Informal Sector
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Author : Sarbajit Chaudhuri
language : en
Publisher: Springer Science & Business Media
Release Date : 2009-10-15
Revisiting The Informal Sector written by Sarbajit Chaudhuri and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-10-15 with Business & Economics categories.
This book provides insight into the diverse aspects of the informal sector, its role in the context of unemployment, child labor, globalization and environment, as well as its multi-faceted interaction with the other sectors of the economy.
Informality
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Author : Guillermo Perry
language : en
Publisher: World Bank Publications
Release Date : 2007
Informality written by Guillermo Perry and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with Business & Economics categories.
Analyzes informality in Latin America, exploring root causes and reasons for and implications of its growth. This book uses two distinct but complementary lenses. It concludes that reducing informality levels and overcoming the "culture of informality" will require actions to increase aggregate productivity in the economy.
The Informal Economy In Sub Saharan Africa
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Author : Leandro Medina
language : en
Publisher: International Monetary Fund
Release Date : 2017-07-10
The Informal Economy In Sub Saharan Africa written by Leandro Medina and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-07-10 with Business & Economics categories.
The multiple indicator-multiple cause (MIMIC) method is a well-established tool for measuring informal economic activity. However, it has been criticized because GDP is used both as a cause and indicator variable. To address this issue, this paper applies for the first time the light intensity approach (instead of GDP). It also uses the Predictive Mean Matching (PMM) method to estimate the size of the informal economy for Sub-Saharan African countries over 24 years. Results suggest that informal economy in Sub-Saharan Africa remains among the largest in the world, although this share has been very gradually declining. It also finds significant heterogeneity, with informality ranging from a low of 20 to 25 percent in Mauritius, South Africa and Namibia to a high of 50 to 65 percent in Benin, Tanzania and Nigeria.
Economic Informality
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Author : Ana Maria Oviedo
language : en
Publisher: World Bank Publications
Release Date : 2009-06-01
Economic Informality written by Ana Maria Oviedo and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-06-01 with Political Science categories.
This survey assembles recent theoretical and empirical advances in the literature on economic informality and analyzes the causes and costs of informality in developed and developing economies. Using recent evidence, the survey discusses the nature and roots of informal economic activity across countries, distinguishing between informality as the result of exclusion and exit. The survey provides an extensive review of recent international experience with policies aimed at reducing informality, in particular, policies that facilitate the formalization process, create a framework for the transition from informality to formality, lend support to newly created firms, reduce or eliminate inconsistencies across regulation and government agencies, increase information flows, and increase enforcement.