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Causes And Size Of Informal Economy In Romania

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Author Info
Pelinescu, Elena () (Institute for Economic Forecasting, Romanian Academy, Bucharest)

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Abstract

The paper aims to analyze the causes or the motivations of the households’ informal economy activities and to estimate the size of the Romanian informal economy. Using data for Romania, it was found that people perceived high taxes as the main cause of the informal activities. The data suggested that the subsistence motive represented the main reason for the households’ decision to operate in the informal economy. It was found that 36.1% of the interviewed households had incomes from a secondary job in 1996. The size of informal economy appears as different because of the method used for computation.

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Publisher Info
Article provided by Institute for Economic Forecasting in its journal Journal for Economic Forecasting.

Volume (Year): (2003)
Issue (Month): 1 (June)
Pages: 86-97
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Handle: RePEc:rjr:romjef:v::y:2003:i:1:p:86-97

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Postal: Casa Academiei, Calea 13, Septembrie nr.13, sector 5, Bucureşti 761172
Phone: 004 021 3188148
Fax: 004 021 3188148
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Web page: http://www.ipe.ro/
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Related research
Keywords: informal economy decent income taxation

Find related papers by JEL classification:
E26 - Macroeconomics and Monetary Economics - - Macroeconomics: Consumption, Saving, Production, Employment, and Investment - - - Informal Economy; Underground Economy
O17 - Economic Development, Technological Change, and Growth - - Economic Development - - - Formal and Informal Sectors; Shadow Economy; Institutional Arrangements
P36 - Economic Systems - - Socialist Institutions and Their Transitions - - - Consumer Economics; Health, Education, Welfare, and Poverty

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This page was last updated on 2008-8-27.


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