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Formalizando la informalidad empresarial en Colombia

Author

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  • 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.

Suggested Citation

  • Franz Hamann & Luis-Fernando Mejía, 2011. "Formalizando la informalidad empresarial en Colombia," Borradores de Economia 676, Banco de la Republica de Colombia.
  • Handle: RePEc:bdr:borrec:676
    as

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    File URL: http://repositorio.banrep.gov.co/bitstream/handle/20.500.12134/5693/be_676.pdf?sequence=1&isAllowed=y
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    Other versions of this item:

    • Hamann-Salcedo, Franz Alonso & Mejía, Luis Fernando, 2012. "Formalizando la informalidad empresarial en Colombia," Chapters,in: Arango-Thomas, Luis Eduardo & Hamann-Salcedo, Franz Alonso (ed.), El mercado de trabajo en Colombia : hechos, tendencias e instituciones, chapter 10, pages 399-427 Banco de la Republica de Colombia.

    References listed on IDEAS

    as
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    4. Francisco Buera, 2009. "A dynamic model of entrepreneurship with borrowing constraints: theory and evidence," Annals of Finance, Springer, vol. 5(3), pages 443-464, June.
    5. Santa María Mauricio & Sandra Rozo, 2009. "Análisis cualitativo y cuantitativo de la informalidad empresarial en Colombia," REVISTA DESARROLLO Y SOCIEDAD, UNIVERSIDAD DE LOS ANDES-CEDE, September.
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    7. Bernal Raquel, 2009. "The Informal Labor Market in Colombia: identification and characterization," REVISTA DESARROLLO Y SOCIEDAD, UNIVERSIDAD DE LOS ANDES-CEDE, September.
    8. Loayza, Norman V., 1996. "The economics of the informal sector: a simple model and some empirical evidence from Latin America," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 45(1), pages 129-162, December.
    9. Cárdenas Mauricio & Sandra Rozo, 2009. "Informalidad empresarial en Colombia: problemas y soluciones," REVISTA DESARROLLO Y SOCIEDAD, UNIVERSIDAD DE LOS ANDES-CEDE, September.
    10. Tauchen, George & Hussey, Robert, 1991. "Quadrature-Based Methods for Obtaining Approximate Solutions to Nonlinear Asset Pricing Models," Econometrica, Econometric Society, vol. 59(2), pages 371-396, March.
    11. S. Rao Aiyagari, 1994. "Uninsured Idiosyncratic Risk and Aggregate Saving," The Quarterly Journal of Economics, Oxford University Press, vol. 109(3), pages 659-684.
    12. Erwan Quintin, 2008. "Contract enforcement and the size of the informal economy," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 37(3), pages 395-416, December.
    13. Rauch, James E., 1991. "Modelling the informal sector formally," Journal of Development Economics, Elsevier, vol. 35(1), pages 33-47, January.
    14. Pratap, Sangeeta & Quintin, Erwan, 2006. "The Informal Sector in Developing Countries: Output, Assets and Employment," WIDER Working Paper Series 130, World Institute for Development Economic Research (UNU-WIDER).
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    Cited by:

    1. Jesús Botero G. & Christian Vargas & Álvaro Hurtado Rendón & Humberto Franco, 2014. "Informality and formality: Fiscal policy in DSGE model," DOCUMENTOS DE TRABAJO CIEF 010925, UNIVERSIDAD EAFIT.
    2. Catalina Granda & Franz Hamann, 2015. "Informality, Saving and Wealth Inequality," BORRADORES DE ECONOMIA 012621, BANCO DE LA REPÚBLICA.
    3. Catalina Granda & Franz Hamann, 2015. "Informality, Saving and Wealth Inequality in Colombia," IDB Publications (Working Papers) 88196, Inter-American Development Bank.
    4. Catalina Granda & Franz Hamann & Cesar E. Tamayo, 2017. "Credit and Saving Constraints in General Equilibrium: Evidence from Survey Data," Borradores de Economia 1002, Banco de la Republica de Colombia.

    More about this item

    Keywords

    Formalidad; informalidad; políticas de formalización empresarial.;

    JEL classification:

    • E2 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment
    • E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook
    • H3 - Public Economics - - Fiscal Policies and Behavior of Economic Agents
    • J4 - Labor and Demographic Economics - - Particular Labor Markets

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