| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w20205 |
| 来源ID | Working Paper 20205 |
| Informality and Development | |
| Rafael La Porta; Andrei Shleifer | |
| 发表日期 | 2014-06-05 |
| 出版年 | 2014 |
| 语种 | 英语 |
| 摘要 | We establish five facts about the informal economy in developing countries. First, it is huge, reaching about half of the total in the poorest countries. Second, it has extremely low productivity compared to the formal economy: informal firms are typically small, inefficient, and run by poorly educated entrepreneurs. Third, although avoidance of taxes and regulations is an important reason for informality, the productivity of informal firms is too low for them to thrive in the formal sector. Lowering registration costs neither brings many informal firms into the formal sector, nor unleashes economic growth. Fourth, the informal economy is largely disconnected from the formal economy. Informal firms rarely transition to formality, and continue their existence, often for years or even decades, without much growth or improvement. Fifth, as countries grow and develop, the informal economy eventually shrinks, and the formal economy comes to dominate economic life. These five facts are most consistent with dual models of informality and economic development. |
| 主题 | Development and Growth ; Development |
| URL | https://www.nber.org/papers/w20205 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/577878 |
| 推荐引用方式 GB/T 7714 | Rafael La Porta,Andrei Shleifer. Informality and Development. 2014. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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