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Trabajo y sociedad
On-line version ISSN 1514-6871
Abstract
ATUCHA, Ana Julia and LABRUNEE, María Eugenia. Hidden workers: including method of missing occupation on measurements of Gross Geographic Product of Municipality of General Pueyrredón. Trab. soc. [online]. 2014, n.22, pp.417-436. ISSN 1514-6871.
In order to have updated information on the labor and production characteristics of a region, the previous estimation of the Gross Geographic Product (GGP) for the Municipality of General Pueyrredon has been reconsidered via a study conducted in 2010-2011, including the calculation of a new base year (2004). With the aim of improving the valuation of economic activities, and also with the purpose of having a more realistic snapshot of local economic performance, the study included an important effort to measure the non-observed economy (NOE). The objective of this article is to present the strategy applied in order to include informal work in the productivity metric. To address this issue, both the major operative definitions and the key NOE metric are described from the National Accounts perspective. Particularly, we have emphasized the approach that was selected for the local NOE measurement, the so-called Italian method. As a consequence of the corrections implemented, more than 75,000 employed workers and an increase of 67% of added-value were incorporated in the GGP measurement. However, these findings fail to cover two important NOE sectors: housing services and paid domestic service.
Keywords : Informal economy; Unobserved economy; Underground economy; Gross Domestic Product; Missing occupation.