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Assessing the Impact of Employment in the Informal Sector of the Economy on Labor Market Development

Higher School of Economics and Management, South Ural State University, 454080 Chelyabinsk, Russia
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Academic Editors: José Alberto Molina and Luigi Aldieri
Sustainability 2021, 13(15), 8435; https://doi.org/10.3390/su13158435
Received: 25 May 2021 / Revised: 6 July 2021 / Accepted: 23 July 2021 / Published: 28 July 2021
(This article belongs to the Section Economic and Business Aspects of Sustainability)
The paper analyzes employment in Russia’s informal sector based on its spatial and dynamic characteristics. In recent years, the Russian labor market has been characterized by a steady growth of employment rates in the informal sector of the economy, high volatility and territorial differentiation of such employment, and its ambiguous effect on the gross value added and productivity. Given slowing economic growth and reduced productivity, this trend is by no means positive. The database for this study is based on Rosstat data from 83 Russian regions over the period between 2006 and 2020. The research explains the territorial and dynamic features of employment in the informal sector and classifies Russian regions by their employment situation in the informal sector of the economy. We hypothesize that the instability of the labor market is driven by higher rates of employment in the informal sector. To assess employment volatility in the informal sector, we identify the main trends of intersectoral labor mobility and evaluate their intensity. The results distinguish between regions with negative and positive effects. We also reveal problem regions experiencing the negative effects of intersectoral mobility and high or very high rates of employment in the informal sector. The findings can be used to diagnose and monitor regional labor markets, productivity dynamics, and changes in employment as well as to develop national employment programs to ensure the sustainable development of the labor market. View Full-Text
Keywords: employment; informal sector; labor market; sustainable development; volatility; reallocation processes; labor productivity; Russia employment; informal sector; labor market; sustainable development; volatility; reallocation processes; labor productivity; Russia
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MDPI and ACS Style

Karpushkina, A.V.; Danilova, I.V.; Voronina, S.V.; Savelieva, I.P. Assessing the Impact of Employment in the Informal Sector of the Economy on Labor Market Development. Sustainability 2021, 13, 8435. https://doi.org/10.3390/su13158435

AMA Style

Karpushkina AV, Danilova IV, Voronina SV, Savelieva IP. Assessing the Impact of Employment in the Informal Sector of the Economy on Labor Market Development. Sustainability. 2021; 13(15):8435. https://doi.org/10.3390/su13158435

Chicago/Turabian Style

Karpushkina, Anzhelika V., Irina V. Danilova, Svetlana V. Voronina, and Irina P. Savelieva 2021. "Assessing the Impact of Employment in the Informal Sector of the Economy on Labor Market Development" Sustainability 13, no. 15: 8435. https://doi.org/10.3390/su13158435

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