IDEAS home Printed from
   My bibliography  Save this paper

La informalidad empresarial y sus consecuencias: ¿Son los CAE una solución?


  • Mauricio Cárdenas Santa María


  • Sandra Rozo V.



Este documento estudia las consecuencias de la informalidad tanto sobre las empresas informales como sobre las formales y analiza el impacto de los Centros de Atención Empresarial (CAE) sobre la creación de empresas en las seis ciudades principales de Colombia. El análisis se desarrolla con base en datos de la Encuesta 123 realizada en el año 2001, el Censo Empresarial de Cali y Yumbo de 2005, la Encuesta de Clima de Inversión realizada en el 2007 por el Banco Mundial, y las series de matrículas mercantiles. Los resultados permiten ver que las empresas informales tienen en promedio menor acceso al crédito y a programas de capacitación, mayores problemas con el servicio técnico y menores utilidades por trabajador que las empresas formales con características similares. Asimismo, se encuentra que la introducción de los CAE incrementó el registro de empresas formales en 5,2%. Abstract: This document studies the consequences of informality over informal and formal firms as well as the impact of the new program for firms´ registration -CAEs- created recently in the six principal cities of Colombia. The analysis uses data from the 2001 Encuesta 123, the 2005 Enterprise Census of Cali and Yumbo, the 2007 Investment Climate Survey and firms´ registration data from the Chambers of Commerce (matrículas mercantiles"). Estimations show that informal firms face on average loweraccess to credit and training programs, higher problems with technical service and lower profits per worker than formal firms. In addition, formal registration of new firms increased by 5.2 percent after the introduction of CAE."

Suggested Citation

  • Mauricio Cárdenas Santa María & Sandra Rozo V., 2007. "La informalidad empresarial y sus consecuencias: ¿Son los CAE una solución?," WORKING PAPERS SERIES. DOCUMENTOS DE TRABAJO 009191, FEDESARROLLO.
  • Handle: RePEc:col:000123:009191

    Download full text from publisher

    File URL:
    Download Restriction: no

    References listed on IDEAS

    1. Mauricio Cárdenas & Carolina Mejía M., 2007. "Informalidad en Colombia: nueva evidencia," COYUNTURA ECONÓMICA, FEDESARROLLO, December.
    2. Miriam Bruhn, 2011. "License to Sell: The Effect of Business Registration Reform on Entrepreneurial Activity in Mexico," The Review of Economics and Statistics, MIT Press, vol. 93(1), pages 382-386, February.
    3. Jeffrey M Wooldridge, 2010. "Econometric Analysis of Cross Section and Panel Data," MIT Press Books, The MIT Press, edition 2, volume 1, number 0262232588, January.
    4. Guillermo E. Perry & William F. Maloney & Omar S. Arias & Pablo Fajnzylber & Andrew D. Mason & Jaime Saavedra-Chanduvi, 2007. "Informality : Exit and Exclusion," World Bank Publications, The World Bank, number 6730, March.
    Full references (including those not matched with items on IDEAS)


    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.

    Cited by:

    1. World Bank, 2014. "More Jobs, Better Jobs : A Priority for Egypt," World Bank Other Operational Studies 20584, The World Bank.
    2. María Angélica Arbeláez & Carolina Camacho & Johanna Fajardo, 2010. "Social housing finance in Colombia," INFORMES DE INVESTIGACIÓN 009057, FEDESARROLLO.
    3. Ana Maria Oviedo & Mark R. Thomas & Kamer Karakurum-Ozdemir, 2009. "Economic Informality : Causes, Costs, and Policies - A Literature Survey," World Bank Publications, The World Bank, number 5917, March.
    4. Belal Fallah, 2014. "The Pros and Cons of Formalizing Informal MSES in the Palestinian Economy," Working Papers 893, Economic Research Forum, revised Dec 2014.
    5. Mauricio Santa María S. & Carlos Felipe Prada L. & Ana Virginia Mujica P., 2009. "Oportunidades, desafíos y barreras de la movilidad laboral en Colombia: reflexiones para la población en pobreza extrema y moderada," WORKING PAPERS SERIES. DOCUMENTOS DE TRABAJO 009187, FEDESARROLLO.
    6. World Bank, 2010. "Scaling-Up SME Access to Financial Services," World Bank Other Operational Studies 12515, The World Bank.

    More about this item


    Informalidad; informalidad empresarial; Colombia.Informality; firms´ informality; Colombia.;

    JEL classification:

    • O17 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Formal and Informal Sectors; Shadow Economy; Institutional Arrangements
    • L20 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - General
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:col:000123:009191. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Lucía Fenney Pérez). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.