Determinants of the labor informality in Colombia for the 2008 - 2017 period

Journal Title: Revista CEA - Year 2019, Vol 5, Issue 9

Abstract

The objective of this study is to identify the key drivers that explain labor informality in Colombia in the period from 2008 to 2017. A quantitative descriptive method was adopted to analyze data from the Great Integrated Household Survey (GEIH) conducted by the National Administrative Department of Statistics (DANE) as well as several important sources in the literature. Drivers were classified into cyclic and acyclic, depending on their behavior with respect to the general economic cycle. The analysis revealed that Bogotá, Medellín, Manizales, Pereira, and Cali present the lowest rates of informal employment in the country (between 40% and 50%). Additionally, the most outstanding conclusion is that there is a linear or direct relationship between the length of unemployment and informality: the longer individuals are unemployed, the more likely they are to join the informal sector.

Authors and Affiliations

Juan Esteban Berrio-Calle, Lemy Bran Piedrahita

Keywords

Related Articles

Analysis of Financial Assets in Colombia: Hedging Positions with Bitcoin

Purpose: This study aims to infer which financial assets in Colombia can be hedged with Bitcoin positions and determine their correlation with that cryptocurrency. In addition, it seeks to improve our understanding of cr...

Influence of Religiosity, Subjective Norm, and Perceived Consumer Effectiveness on Socially Responsible Consumption

This study analyzes the influence of consumer religiosity, subjective norm, and perceived effectiveness on the intention to purchase socially responsible products. It applied empirical research based on a questionnaire a...

Video tutorial as electronic word-of-mouth and centennials’ purchase intention

In the dynamic digital marketing world, electronic word-of-mouth (eWOM) as a form of communication has caught the attention of marketing specialists, who use it to leverage their brands and reach a very important segment...

Análisis competitivo de la gestión del talento humano en el sector metalmecánico de la provincia Tundama en el departamento de Boyacá

En la provincia del Tundama, en Boyacá (Colombia), la competitividad de las micro, pequeñas y medianas empresas (mipymes) industriales es un factor crítico para su éxito. Por tal motivo, el objetivo de este estudio fue a...

Organizational Learning (OL) and business performance adoptingthe approach of dynamic learning capabilities

This work aims at presenting a reflection on the relationship between organizational learning and performance adopting the approach of dynamic learning capabilities. It considers different typologies that have been p...

Download PDF file
  • EP ID EP550383
  • DOI 10.22430/24223182.1255
  • Views 207
  • Downloads 0

How To Cite

Juan Esteban Berrio-Calle, Lemy Bran Piedrahita (2019). Determinants of the labor informality in Colombia for the 2008 - 2017 period. Revista CEA, 5(9), 33-51. https://www.europub.co.uk/articles/-A-550383