IDEAS home Printed from https://ideas.repec.org/a/bla/etrans/v8y2000i1p117-149.html
   My bibliography  Save this article

Hidden Economy – an Unknown Quantity? Comparative Analysis of Hidden Economies in Transition Countries, 1989–95

Author

Listed:
  • Mária Lackó

Abstract

The study investigates the size of the hidden economy and related features, in post‐socialist countries. After dealing critically with the approach of Kaufmann and Kaliberda, a method based on household electricity consumption is used to estimate the ratio of the hidden economy to the official GDP in 20 countries. Following a uniform growth in the size of the hidden economy in all the countries at the beginning of their transition, stagnation or further increase was experienced in the CIS countries, while an explicit declining tendency could be seen in the remaining economies. Comparisons show that the ratio of the hidden economy in post‐socialist countries is significantly larger than in developed market economies. The paper analyses the relationships between the visible private economy, the advancement of reforms, corruption, and the size of the hidden economy.

Suggested Citation

  • Mária Lackó, 2000. "Hidden Economy – an Unknown Quantity? Comparative Analysis of Hidden Economies in Transition Countries, 1989–95," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 8(1), pages 117-149, March.
    • Handle: RePEc:bla:etrans:v:8:y:2000:i:1:p:117-149
    DOI: 10.1111/1468-0351.00038
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/1468-0351.00038
    Download Restriction: no
    File URL: https://libkey.io/10.1111/1468-0351.00038?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:etrans:v:8:y:2000:i:1:p:117-149. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: https://edirc.repec.org/data/ebrdduk.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.