Abstract
We imagine the outcome of Venezuelan exodus to your Colombian work sector. The economical and social crisis into the Venezuela caused among the most important migratory exoduses from inside the previous years: over cuatro mil Venezuelans leftover the nation and you may next to 1.8 million arrived in Colombia. I reveal that an increase in step 1 p.p away from labor likewise have due brand new migratory disperse brought about a fall for the hourly wages inside the Colombia out-of 0.4% and you may a negative aftereffect of 0.step 1 p.p. towards a job rates out of lowest-skilled workers. Brand new miss inside the earnings try higher for males, low-competent and you will informal workers.
Inclusion
This new lovestruck Jak vidД›t, kdo se vГЎm lГbГ bez placenГ Venezuelan migratory exodus is one of the most extremely important attacks away from pressed migration international: on 4.5 billion regarding Venezuelans leftover its nation and you can gone elsewhere Footnote 1 (UNHCR 2019). The most popular place to go for departing Venezuelan migrants are Colombia. Considering certified statistics, there have been almost step 1.8 million out-of Venezuelans residing Colombia when you look at the 2019, as a result of this new Venezuelan financial and governmental drama, and therefore stands for a rise in the brand new display away from Venezuelans residing in Colombia relative to new national society from 0.07% when you look at the 2015 to 3.6% just as much as for the 2019.
That it tall episode of migration means problems so you’re able to policymakers just who seek to know and you may assess the possibility economic and personal outcomes of such an enormous inflow away from immigrants, particularly for machine regions such as for example Colombia.
In this report, I exploit the brand new Venezuelan exodus to understand the migratory episode’s affect the brand new Colombian work field. We implement a distinctions-in-differences methodology and carry out my data by the due to the number of visibility all over Colombian divisions to this exogenous work also provide surprise, pre and post 2016 (we.e. 2013-2019). Into the 2016 a life threatening and you can unforeseen migratory influx away from Venezuelans so you’re able to Colombia happened if borders between them regions were reopened immediately after nearly a year away from closing.
My rates advise that the intensification of migratory flow away from Venezuelans while it began with mid-2016 produced a significant drop in the aggregate earnings and also in the fresh a position speed from reduced-competent experts within the Colombia. A boost in step 1 fee part (p.p.) of work force due to the inflow regarding Venezuelans produced a beneficial 0.4% reduced amount of wages and you will a 0.1 p.p. reduction of employment to have lowest-competent pros; this impact on a position portray a decline regarding 0.18% prior to the typical a position price regarding low-skilled Colombian workers for the 2015, before Venezuelan exodus. When i estimate this type of outcomes to own Colombian divisions located on the edging with Venezuela (La Guajira and Norte de- Santander), abilities illustrate that refuses inside the earnings and you can employment for everybody specialists was in fact whenever ten% and you will 3.cuatro p.p. (good mediocre a job), correspondingly, after the border is lso are-exposed.
So you can imagine the result away from migration within these a couple of border divisions, I create a processing category having fun with three divisions regarding Colombia you to definitely just weren’t highly impacted by immigration and presented, normally, equivalent style regarding labor business parameters along with comparable socio-group qualities ahead of the edging lso are-starting. To provide robustness to these show, We apply a synthetic Handle Strategy and you can calculate the same differences-in-distinctions estimations given different combinations from departments from Colombia due to the fact control communities.
I additionally guess heterogeneous effects by gender, number of qualification, labor formality and you may considering perhaps the everyone was residents or perhaps not. I’ve found that, in the aggregate, the latest destruction inside the earnings was highest for men versus ladies and much more powerful to possess low-skilled pros. Moreover, the fresh new decline in wages is actually greater to have informal workers however, around are not very important differences when considering locals and you may low-natives; really the only exclusion is the fact I find a mathematically high increase on informality rates certainly non-neighbors for the Colombia.
