Using Personal Car Register for Measuring Economic Inequality in Countries with a Large Share of Shadow Economy: Evidence for Latvia
AbstractWe suggest to use information from the state register of personal cars as an alternative indicator of economic inequality in countries with a large share of shadow economy. We illustrate our approach using the Latvian pool of personal cars. Our main finding is that the extent of household economic inequality in Latvia is much larger than officially assumed. The latest officially available estimate of the Gini coefficient is 0.36 for 2005, which is much lower than 0.55 for 2009 reported in our paper.
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Bibliographic InfoPaper provided by DIW Berlin, German Institute for Economic Research in its series Discussion Papers of DIW Berlin with number 1153.
Length: 9 p.
Date of creation: 2011
Date of revision:
Publication status: Forthcoming in: The Review of Income and Wealth (2013)
Economic inequality; cars; social signaling; Gini index; Latvia;
Other versions of this item:
- Vyacheslav Dombrovsky & Konstantin A. Kholodilin & Boriss Siliverstovs, 2011. "Using Personal Car Register for Measuring Economic Inequality in Countries with a Large Share of Shadow Economy: Evidence for Latvia," KOF Working papers 11-287, KOF Swiss Economic Institute, ETH Zurich.
- D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
- E26 - Macroeconomics and Monetary Economics - - Macroeconomics: Consumption, Saving, Production, Employment, and Investment - - - Informal Economy; Underground Economy
- Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Social and Economic Stratification
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- Konstantin A. Kholodilin & Boriss Siliverstovs, 2010.
"Measuring Regional Inequality by Internet Car Price Advertisements: Evidence for Germany,"
KOF Working papers
10-261, KOF Swiss Economic Institute, ETH Zurich.
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- Boriss Siliverstovs & Konstantin Kholodilin, 2012. "Measuring Regional Inequality by Internet Car Price Advertisements: Evidence for Germany," ERSA conference papers ersa12p911, European Regional Science Association.
- Konstantin A. Kholodilin & Boriss Siliverstovs, 2010. "Measuring Regional Inequality by Internet Car Price Advertisements: Evidence for Germany," Discussion Papers of DIW Berlin 1036, DIW Berlin, German Institute for Economic Research.
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- Friedrich Schneider & Andreas Buehn & Claudio E. Montenegro, 2010. "Shadow Economies All over the World: New Estimates for 162 Countries from 1999 to 2007," Working Papers wp322, University of Chile, Department of Economics.
- Thorbecke, Erik & Charumilind, Chutatong, 2002. "Economic Inequality and Its Socioeconomic Impact," World Development, Elsevier, vol. 30(9), pages 1477-1495, September.
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