IDEAS home Printed from https://ideas.repec.org/p/col/000178/018356.html
   My bibliography  Save this paper

Ocupación en la economía informal, mercado laboral urbano y crecimiento económico, 2001–2019: un análisis vectorial de corrección de errores

Author

Listed:
  • Francisco José Pérez Torres

Abstract

Por cerca de cuatro décadas el país exhibe un considerable nivel de ocupación generado en la Economía Informal con importantes vínculos relacionados con el salario mínimo, el desempleo urbano, el empleo en los sectores de manufactura, comercio y servicios y con el crecimiento económico. Como estas variables no se mueven en el tiempo independientemente unas de las otras y se influyen mutuamente, este trabajo estudia el grado de importancia de ellas para explicar la variabilidad en la ocupación informal. A través de un MVCE se comprueba la existencia de relaciones de equilibrio de largo plazo entre estas variables y mediante el análisis de las funciones impulso respuesta y de descomposición de varianza se muestra cómo responde cada una de ellas ante los choques estocásticos que puedan registrar. Los resultados encontrados tienen implicaciones para la formulación de políticas que buscan reducir la Economía Informal y la ocupación generada en ella. *** For just about four decades the country exhibits a considerable level of occupation generated in the Informal Economy with important links related to the minimum wage, urban unemployment, employment in the sectors of manufacturing, commerce and services and with the economic growth. Since these variables do not move in the time independently one of another and mutually influence each other, this work studies the degree of importance of them to explain the movements experienced in the occupation generated in the field of Informal Economy. Through a MVCE, is verified the existence of long-term equilibrium relationships between these variables, and by analyzing the impulse response and variance decomposition functions, it is shown how each one responds to stochastic shocks that may be registered. The results found have certain implications for the formulation of policies that seek to reduce the Informal Economy and the occupation generated in this.

Suggested Citation

  • Francisco José Pérez Torres, 2020. "Ocupación en la economía informal, mercado laboral urbano y crecimiento económico, 2001–2019: un análisis vectorial de corrección de errores," Documentos de Trabajo, Escuela de Economía 18356, Universidad Nacional de Colombia, FCE, CID.
  • Handle: RePEc:col:000178:018356
    as

    Download full text from publisher

    File URL: http://fce.unal.edu.co/centro-editorial/docs/escuela-de-economia/109-ocupacion-en-la-economia-informal-mercado-laboral-urbano-y-crecimiento-economico-2001-2019-un-analisis-vectorial-de-correccion-de-errores
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    economía informal; salario mínimo; desempleo urbano; empleo; modelo VEC;
    All these keywords.

    JEL classification:

    • C32 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • E26 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Informal Economy; Underground Economy
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • O17 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Formal and Informal Sectors; Shadow Economy; Institutional Arrangements

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    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:col:000178:018356. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Facultad de Ciencias Económicas Unal (email available below). General contact details of provider: https://edirc.repec.org/data/funalco.html .

    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.