Informal Employment and Its Impact on Population’s Income and Labor Productivity
E. S. Uzyakova ()
Additional contact information
E. S. Uzyakova: Institute of Economic Forecasting
Studies on Russian Economic Development, 2022, vol. 33, issue 6, 716-722
Abstract:
Abstract— The paper is devoted to the analysis of the main reasons for the spread of informal employment in the labor market. The factors that have the greatest impact on it are highlighted. The influence of the level and dynamics of the number of people employed in the informal sector on the level and dynamics of the population’s income, labor productivity and economic growth is studied. Based on the results of the study, it is concluded that there is a relationship between low incomes in the economy that give rise to low quality jobs and low qualification requirements and the growth of hidden forms of employment that provide low incomes for the population. In particular, the labor productivity of the informally employed is 22–25% lower than that of the personnel of organizations, and their withdrawal from the “shadow” could help increase the total wage fund in 2020 by 6.8 billion rubles (including income tax).
Keywords: informal employment; informal economy; labor productivity; population income (search for similar items in EconPapers)
Date: 2022
References: View complete reference list from CitEc
Citations:
Downloads: (external link)
http://link.springer.com/10.1134/S1075700722060156 Abstract (text/html)
Access to the full text of the articles in this series is restricted.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:spr:sorede:v:33:y:2022:i:6:d:10.1134_s1075700722060156
Ordering information: This journal article can be ordered from
https://www.springer ... nomics/journal/11507
DOI: 10.1134/S1075700722060156
Access Statistics for this article
Studies on Russian Economic Development is currently edited by Viktor V. Ivanter, Dmitrii B. Kuvalin and Galina A. Yaremenko
More articles in Studies on Russian Economic Development from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().