Comprehensive Measures of GDP and the Unrecorded Economy
AbstractComprehensive coverage of national accounts estimates is important; however, it is often thwarted by gaps in the recording of economic activity – the so-called “unrecorded economy”. This paper sets out pragmatic statistical approaches for incorporating the unrecorded economy in the national accounts. It describes sources and methods to capture the unrecorded economy and discusses specific issues that arise from the use of indirect sources and techniques. Furthermore, the paper elaborates approaches for collecting data on the unrecorded economy, particularly on economic activities of the household sector.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by International Monetary Fund in its series IMF Working Papers with number 00/204.
Date of creation: 01 Dec 2000
Date of revision:
Contact details of provider:
Postal: International Monetary Fund, Washington, DC USA
Phone: (202) 623-7000
Fax: (202) 623-4661
Web page: http://www.imf.org/external/pubind.htm
More information through EDIRC
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Feige, Edgar L. & Urban, Ivica, 2008.
"Measuring underground (unobserved, non-observed, unrecorded) economies in transition countries: Can we trust GDP?,"
Journal of Comparative Economics,
Elsevier, vol. 36(2), pages 287-306, June.
- Edgar L. Feige & Ivica Urban, 2008. "Measuring Underground (Unobserved, Non-Observed, Unrecorded) Economies in Transition Countries: Can We Trust GDP?," William Davidson Institute Working Papers Series wp913, William Davidson Institute at the University of Michigan.
- Feige, Edgar L. & Urban, Ivica, 2007. "Measuring Underground (Unobserved, Non-Observed, Unrecorded) Economies in Transition Countries: Can We Trust GDP?," MPRA Paper 7345, University Library of Munich, Germany.
- Robert Pollin & James Heintz, 2003. "Informalization, Economic Growth and the Challenge of Creating Viable Labor Standards in Developing Countries," Working Papers wp60, Political Economy Research Institute, University of Massachusetts at Amherst.
- Edgar L. Feige & Ivica Urban, 2003. "Estimating the Size and Growth of Unrecorded Economic Activity in Transition Countries: A Re-evaluation of Electric Consumption Method Estimates and their Implications," Macroeconomics 0311010, EconWPA.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jim Beardow) or (Hassan Zaidi).
If references are entirely missing, you can add them using this form.