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Formalización de Derechos de Propiedad en Mercados Informales: Evidencia desde las Calles
[Property Rights in Informal Settings. The Street Labour Market]

  • Cid, Alejandro
  • José María, Cabrera

Property rights affect economic performance. In the present study, we analyzed a policy of mass assignment of property rights to cuidacoches, people who are self-employed in the informal sector. Surprisingly, despite the low cost and the considerable benefits of acquiring the right to property, half the potential beneficiaries have refused to subscribe to the program. In order to understand this market ownership and mobility between the formal and informal sector, we build a base of unpublished data. Within the results, highlights four observations: the heterogeneity of the reasons to enter the informal sector of cuidacoches; protection of property rights as the main perceived benefit of passing the formal sector; aspiration to change jobs for the vast majority; reduced capacity for saving. The study concludes with guidelines for the development of a causal identification strategy to measure the potential impact of formalization as means of upward mobility in the labor market of cuidacoches.

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File URL: http://mpra.ub.uni-muenchen.de/54247/1/MPRA_paper_54247.pdf
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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 54247.

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Date of creation: 13 Sep 2013
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Handle: RePEc:pra:mprapa:54247
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  1. Daron Acemoglu & Simon Johnson & James A. Robinson, 2001. "The Colonial Origins of Comparative Development: An Empirical Investigation," American Economic Review, American Economic Association, vol. 91(5), pages 1369-1401, December.
  2. Crawford, Vincent P. & Meng, Juanjuan, 2008. "New York City Cabdrivers' Labor Supply Revisited: Reference-Dependence Preferences with Rational-Expectations Targets for Hours and Income," University of California at San Diego, Economics Working Paper Series qt94w5n6j9, Department of Economics, UC San Diego.
  3. Jean O. Lanjouw & Philip I. Levy, 2002. "Untitled: A Study of Formal and Informal Property Rights in Urban Ecuador," Economic Journal, Royal Economic Society, vol. 112(482), pages 986-1019, October.
  4. James Albrecht & Lucas Navarro & Susan Vroman, 2009. "The Effects of Labour Market Policies in an Economy with an Informal Sector," Economic Journal, Royal Economic Society, vol. 119(539), pages 1105-1129, 07.
  5. Vincent P. Crawford & Juanjuan Meng, 2011. "New York City Cab Drivers' Labor Supply Revisited: Reference-Dependent Preferences with Rational-Expectations Targets for Hours and Income," American Economic Review, American Economic Association, vol. 101(5), pages 1912-32, August.
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