Roberto Dell'Anno () (Department of Economics, Mathematics and Statistics, University of Foggia, Largo Papa Giovanni Paolo II 1, Foggia 71100, Italy.) Marje Piirisild () (State Budget Department, Ministry of Finance, Suur-Ameerika 1, Tallinn 15006, Estonia.)
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In this paper the Organization for Economic Cooperation Development (OECD) approach (adjusted) is applied to estimate the size of the non-observed economy (NOE) in Bosnia and Herzegovina for the year 2001. The method proposed attempts to identify the structure of the NOE according to the reasons behind the unrecorded value added (statistical, illegal and economic). The NOE was estimated for each of the Bosnian entities separately according to sector of activity. A definition of the shadow economy is proposed based on SNA93. A comparison with alternative estimates of shadow economies in Central and Eastern European countries is provided. Comparative Economic Studies (2007) 49, 609–631. doi:10.1057/palgrave.ces.8100211
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Volume (Year): 49 (2007) Issue (Month): 4 (December) Pages: 609-631 Download reference. The following formats are available: HTML
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