IDEAS home Printed from https://ideas.repec.org/a/gam/jadmsc/v11y2021i1p23-d508031.html
   My bibliography  Save this article

New Age Informality: Hispanics and the Sharing Economy

Author

Listed:
  • Michael J. Pisani

    (Department of Management, Central Michigan University, Mt. Pleasant, MI 48859, USA)

Abstract

The purpose of this study is to advance understanding of the Hispanic contribution to the engagement and production of the sharing and informal economies in the US. The study is situated within the domains of the sharing economy and informality within a broader frame of entrepreneurship. Specifically, Hispanic participation rates, rationale for engagement, and the major drivers of involvement in the production of the sharing and informal economies are analyzed. To evaluate this, data are reported from a nationally representative subsample of Hispanics derived from the US Federal Reserve Board’s Enterprising and Informal Work Activities Survey (EIWA) conducted in the late fall of 2015. The finding is that more than one-third of Hispanics engage in EIWA. Hispanics participate in EIWA primarily as a means to earn extra income or as a key avenue to earn a living. By choice, relatively affluent Hispanics have the largest stake in sharing and informal economies. However, it is the lowest income Hispanics that engage in EIWA out of necessity. The major drivers of EIWA participation among Hispanics are revealed. This is the first known study with a nationally representative sample of Hispanics focused on participation rates, rationale for engagement, and drivers of involvement in the production of new age sharing and informal economies.

Suggested Citation

  • Michael J. Pisani, 2021. "New Age Informality: Hispanics and the Sharing Economy," Administrative Sciences, MDPI, vol. 11(1), pages 1-23, March.
    • Handle: RePEc:gam:jadmsc:v:11:y:2021:i:1:p:23-:d:508031
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2076-3387/11/1/23/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2076-3387/11/1/23/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Anna, Petrenko, 2016. "Мaркування готової продукції як складова частина інформаційного забезпечення маркетингової діяльності підприємств овочепродуктового підкомплексу," Agricultural and Resource Economics: International Scientific E-Journal, Agricultural and Resource Economics: International Scientific E-Journal, vol. 2(1), March.
    2. Lawrence F. Katz & Alan B. Krueger, 2016. "The Rise and Nature of Alternative Work Arrangements in the United States, 1995-2015," Working Papers 603, Princeton University, Department of Economics, Industrial Relations Section..
    3. Geertz, Clifford, 1978. "The Bazaar Economy: Information and Search in Peasant Marketing," American Economic Review, American Economic Association, vol. 68(2), pages 28-32, May.
    4. Samara R. Gunter, 2017. "Dynamics of Urban Informal Labor Supply in the United States," Social Science Quarterly, Southwestern Social Science Association, vol. 98(1), pages 16-36, March.
    5. Michael J. Pisani & Alfonso Morales, 2020. "Informality and Latino‐Owned Businesses: A National Portrait of Unregistered Latino‐Owned Businesses," Social Science Quarterly, Southwestern Social Science Association, vol. 101(2), pages 588-603, March.
    6. Sundararajan, Arun, 2016. "The Sharing Economy: The End of Employment and the Rise of Crowd-Based Capitalism," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262034573, December.
    7. Colin C. Williams & Youssef Youssef, 2014. "Classifying Latin American Economies: A Degree of Informalisation Approach," International Journal of Business Administration, International Journal of Business Administration, Sciedu Press, vol. 5(3), pages 73-85, May.
    8. Michael J. Pisani, 2013. "Cross-Border Consumption of Informal and Underground Goods: A Case Study of Alternative Consumerism in South Texas," Social Science Quarterly, Southwestern Social Science Association, vol. 94(1), pages 242-262, March.
    9. Alex Stephany, 2015. "The Business of Sharing," Palgrave Macmillan Books, Palgrave Macmillan, number 978-1-137-37618-3, October.
    10. Tokman, Victor E., 1989. "Policies for a heterogeneous informal sector in Latin America," World Development, Elsevier, vol. 17(7), pages 1067-1076, July.
    Full references (including those not matched with items on IDEAS)

    Citations

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


    Cited by:

    1. Akbari, Morteza & Foroudi, Pantea & Khodayari, Maryam & Zaman Fashami, Rahime & Shahabaldini parizi, Zahra & Shahriari, Elmira, 2022. "Sharing Your Assets: A Holistic Review of Sharing Economy," Journal of Business Research, Elsevier, vol. 140(C), pages 604-625.
    2. Vilma Karobliene & Vaida Pilinkiene, 2021. "The Sharing Economy in the Framework of Sustainable Development Goals: Case of European Union Countries," Sustainability, MDPI, vol. 13(15), pages 1-26, July.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Michael Etter & Christian Fieseler & Glen Whelan, 2019. "Sharing Economy, Sharing Responsibility? Corporate Social Responsibility in the Digital Age," Journal of Business Ethics, Springer, vol. 159(4), pages 935-942, November.
    2. Werner Eichhorst & Ulf Rinne, 2017. "Digital Challenges for the Welfare State," CESifo Forum, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 18(04), pages 03-08, December.
    3. Bergh, Andreas & Funcke, Alexander & Wernberg, Joakim, 2021. "The Sharing Economy: Definition, Measurement and its Relationship to Capitalism," Working Paper Series 1380, Research Institute of Industrial Economics.
    4. S. Andrew Starbird & Jill M. Martin & Yacanex Posadas & Alma Gutiérrez, 2022. "The Impact of Formality, Integration, and Commitment on the Performance of Latino-Owned Small Businesses," Administrative Sciences, MDPI, vol. 12(3), pages 1-16, August.
    5. Tünde Zita Kovács & Forest David & Adrián Nagy & István Szűcs & András Nábrádi, 2021. "An Analysis of the Demand-Side, Platform-Based Collaborative Economy: Creation of a Clear Classification Taxonomy," Sustainability, MDPI, vol. 13(5), pages 1-20, March.
    6. S. Mahmuda & T. Sigler & E. Knight & J. Corcoran, 2020. "Sectoral evolution and shifting service delivery models in the sharing economy," Business Research, Springer;German Academic Association for Business Research, vol. 13(2), pages 663-684, July.
    7. Florian Hawlitschek & Nicole Stofberg & Timm Teubner & Patrick Tu & Christof Weinhardt, 2018. "How Corporate Sharewashing Practices Undermine Consumer Trust," Sustainability, MDPI, vol. 10(8), pages 1-18, July.
    8. Anna Jasinska-Biliczak, 2020. "TRIBE 2.0 – The Microcommunity Needs in the Frames of the Sharing Economy Concept," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 2), pages 75-84.
    9. Andrew Stewart & Jim Stanford, 2017. "Regulating work in the gig economy: What are the options?," The Economic and Labour Relations Review, , vol. 28(3), pages 420-437, September.
    10. Sunyu Chai & Maureen A. Scully, 2019. "It’s About Distributing Rather than Sharing: Using Labor Process Theory to Probe the “Sharing” Economy," Journal of Business Ethics, Springer, vol. 159(4), pages 943-960, November.
    11. Maarten Goos & Melanie Arntz & Ulrich Zierahn & Terry Gregory & Stephanie Carretero Gomez & Ignacio Gonzalez Vazquez & Koen Jonkers, 2019. "The Impact of Technological Innovation on the Future of Work," JRC Working Papers on Labour, Education and Technology 2019-03, Joint Research Centre.
    12. JinHyo Joseph Yun & Xiaofei Zhao & Jinxi Wu & John C. Yi & KyungBae Park & WooYoung Jung, 2020. "Business Model, Open Innovation, and Sustainability in Car Sharing Industry—Comparing Three Economies," Sustainability, MDPI, vol. 12(5), pages 1-27, March.
    13. Rani Uma & Furrer Marianne, 2019. "On-Demand Digital Economy: Can Experience Ensure Work and Income Security for Microtask Workers?," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 239(3), pages 565-597, June.
    14. Kate Minter, 2017. "Negotiating labour standards in the gig economy: Airtasker and Unions New South Wales," The Economic and Labour Relations Review, , vol. 28(3), pages 438-454, September.
    15. Gerwe, Oksana, 2021. "The Covid-19 pandemic and the accommodation sharing sector: Effects and prospects for recovery," Technological Forecasting and Social Change, Elsevier, vol. 167(C).
    16. Acquier, Aurélien & Daudigeos, Thibault & Pinkse, Jonatan, 2017. "Promises and paradoxes of the sharing economy: An organizing framework," Technological Forecasting and Social Change, Elsevier, vol. 125(C), pages 1-10.
    17. Vivian Welch & Christine M. Mathew & Panteha Babelmorad & Yanfei Li & Elizabeth T. Ghogomu & Johan Borg & Monserrat Conde & Elizabeth Kristjansson & Anne Lyddiatt & Sue Marcus & Jason W. Nickerson & K, 2021. "Health, social care and technological interventions to improve functional ability of older adults living at home: An evidence and gap map," Campbell Systematic Reviews, John Wiley & Sons, vol. 17(3), September.
    18. Janvier D. Nkurunziza, 2005. "Reputation and Credit without Collateral in Africa`s Formal Banking," Economics Series Working Papers WPS/2005-02, University of Oxford, Department of Economics.
    19. Persson, Petra & Qiu, Xinyao & Rossin-Slater, Maya, 2021. "Family Spillover Effects of Marginal Diagnoses: The Case of ADHD," IZA Discussion Papers 14020, Institute of Labor Economics (IZA).
    20. Jae Song & David J Price & Fatih Guvenen & Nicholas Bloom & Till von Wachter, 2019. "Firming Up Inequality," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 134(1), pages 1-50.

    Corrections

    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:gam:jadmsc:v:11:y:2021:i:1:p:23-:d:508031. See general information about how to correct material in RePEc.

    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 bibliographic 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.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.