全球智库信息集成服务系统(G2TT): On the Effect of the Costs of Operating Formally: New Experimental Evidence

G2TT

来源类型	Working Paper
规范类型	报告
DOI	10.3386/w21292
来源ID	Working Paper 21292
	On the Effect of the Costs of Operating Formally: New Experimental Evidence
	Sebastian Galiani; Marcela Meléndez; Camila Navajas
发表日期	2015-06-22
出版年	2015
语种	英语
摘要	This paper analyzes the impact of the elimination of the initial fixed costs of registration on the decision of informal firms to operate formally in Bogotá, Colombia. The Chamber of Commerce of Bogotá (CCB) conducts workshops for prospective formal-sector entrants and arranges personalized meetings for them with CCB agents. The CCB’s decision to significantly reduce the transaction costs of registration and the entry into force of Act No. 1429 of 2010, which eliminated the costs of the initial procedure for registering as a formal enterprise and provided exemptions from relevant taxes during the first years after formalization, provided us with an ideal experiment for studying how the elimination of the initial fixed costs of formalization would influence firms’ decision to operate formally or not. We obtained two important results. First, while a workshop treatment had no effect on firms’ formalization decisions, meetings at the firm with CCB agents raised the likelihood that a business would begin to operate formally by 5.5 percentage points for all the firms that were invited, at random, to participate in this arm of the intervention and by 32 percentage points for the firms that accepted the invitation. Second, the effect on the treatment firms did not persist over time. After a year of formal operation, it disappeared. These results indicate that substantial reductions in the fixed costs of operating formally are not effective in formalization choices, since such reductions had no lasting effect on formalization decisions.
主题	Labor Economics ; Labor Supply and Demand ; Labor Market Structures
URL	https://www.nber.org/papers/w21292
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/578966
推荐引用方式 GB/T 7714	Sebastian Galiani,Marcela Meléndez,Camila Navajas. On the Effect of the Costs of Operating Formally: New Experimental Evidence. 2015.