Economics, Econometrics and Finance
4 years ago

Informal sector in Peru drives labor productivity shifts, impacting economic growth.

Journal of CENTRUM Cathedra (JCC) The Business and Economics Research Journal
Labor Productivity in Peru: 1997-2007
Mario D. Tello

Paper Summary

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The study looked at labor productivity in Peru from 1997 to 2007. They analyzed different sectors and found that changes in productivity were mainly due to shifts between sectors. However, when looking at individual companies, changes in productivity were mostly within the same sector. The informal sector, with its lower productivity levels, played a significant role in these findings.