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Informalidad, empleo y productividad


  • Jose Rodriguez

    () (Departamento de Economía - Pontificia Universidad Católica del Perú)

  • Minoru Higa

    () (Departamento de Economía - Pontificia Universidad Católica del Perú)


Informality not only represents a very significant proportion of the workforce. Informal production units are also widespread as 90% of entrepreneurs of the production units identified with the household surveys are not registered. They absorb a significant proportion of the workforce but only represent less than one tenth of the national value added. The differences in average labor productivity between the formal and the informal sector are very large and, what is more worrying is that the revenue they generate is not much more than the equivalent of a minimum wage. In these circumstances it is highly unlikely that a reduction in direct costs to formalize will be sufficient to induce them to join the formal economy. Moreover the new law leaves out MSEs the vast majority of these production units.

Suggested Citation

  • Jose Rodriguez & Minoru Higa, 2010. "Informalidad, empleo y productividad," Documentos de Trabajo / Working Papers 2010-282, Departamento de Economía - Pontificia Universidad Católica del Perú.
  • Handle: RePEc:pcp:pucwps:wp00282

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    References listed on IDEAS

    1. Terasvirta, T & Anderson, H M, 1992. "Characterizing Nonlinearities in Business Cycles Using Smooth Transition Autoregressive Models," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 7(S), pages 119-136, Suppl. De.
    2. Nadal De Simone, Francisco & Clarke, Sean, 2007. "Asymmetry in business fluctuations: International evidence on Friedman's plucking model," Journal of International Money and Finance, Elsevier, vol. 26(1), pages 64-85, February.
    3. Beatriz C. Galvao, Ana, 2002. "Can non-linear time series models generate US business cycle asymmetric shape?," Economics Letters, Elsevier, vol. 77(2), pages 187-194, October.
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    Cited by:

    1. Céspedes, Nikita & Sánchez, Alan, 2013. "Minimum Wage and Job Mobility," Working Papers 2013-012, Banco Central de Reserva del Perú.

    More about this item


    informalidad; economia informal; empleo informal; empleo;

    JEL classification:

    • J40 - Labor and Demographic Economics - - Particular Labor Markets - - - General


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