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Problems measuring the underground economy in transition

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    SYSNO ASEP0043594
    Document TypeJ - Journal Article
    R&D Document TypeJournal Article
    Subsidiary JOstatní články
    TitleProblems measuring the underground economy in transition
    TitleProblémy měření šedé ekonomiky během transformace
    Author(s) Hanousek, Jan (NHU-N) RID
    Palda, F. (CZ)
    Source TitleEconomics of Transition - ISSN 0967-0750
    Roč. 14, č. 4 (2006), s. 707-718
    Number of pages12 s.
    Publication formWWW - WWW
    Languageeng - English
    CountryGB - United Kingdom
    Keywordsinformal economy ; macro estimates of shadow economy ; transition
    Subject RIVAH - Economics
    R&D ProjectsGA402/04/0166 GA ČR - Czech Science Foundation (CSF)
    CEZAV0Z70850503 - NHU-N (2005-2011)
    AnnotationAn easy method for measuring the size of the underground economy is to use macro data such as money demand or electricity demand to infer what the legitimate economy needs, and then to attribute the remaining consumption to the underground economy. We argue that the pace of change of these parameters is too variable in transition economies for the above methods of estimating the size of the underground economy to be applicable.
    WorkplaceEconomics Institute
    ContactTomáš Pavela, pavela@cerge-ei.cz, Tel.: 224 005 122
    Year of Publishing2007
Number of the records: 1  

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