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Analysing drivers of and barriers to the sustainable development: hidden economy and hidden migration

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  • Albu, Lucian-Liviu
  • Ghizdeanu, Ion
  • Iorgulescu, Raluca

Abstract

The actual global crisis seems to influence negatively the sustainable development in EU countries. At least partially the informal economy escapes from the official registered GDP and hidden migration from the official demographic statistics. This can affect in a significant way the measurement of sustainable development and consequently policies in this field. Coming from general accepted findings of the theory, we concentrate on evaluating the reasons of agents to be involved in hidden economy and estimating the size of this part of economy. Today, there are evidences of a tendency to extended hidden migration together with an increasing official migration usually from eastern EU members to western countries. In a sense, hidden migration could be in relation with informal economy. Using some indirect procedures, we try to estimate the size of hidden migration and its impact on the official side of economy and its potential growth in the future. The main application of the developed methodology is in case of Romania.

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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 32810.

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Date of creation: 08 Jun 2011
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Handle: RePEc:pra:mprapa:32810

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Keywords: informal income; inactive population; emigration potential; hidden migration;

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  1. Albu, Lucian-Liviu, 2007. "A model to estimate informal economy at regional level: Theoretical and empirical investigation," MPRA Paper 3760, University Library of Munich, Germany.
  2. Albu, Lucian Liviu, 2007. "Estimating the Size of Underground Economy in Romania," Working Papers of Institute for Economic Forecasting 070601, Institute for Economic Forecasting.
  3. Albu, Lucian-Liviu & Kim, Byung-Yeon & Duchene, Gerard, 2002. "An attempt to estimate the size of informal economy based on household behaviour modeling," MPRA Paper 13026, University Library of Munich, Germany.
  4. Albu, Lucian Liviu & Iorgulescu, Raluca & Stanica, Cristian, 2010. "Estimating Hidden Economy and Hidden Migration: The Case of Romania," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 0(2), pages 46-56, July.
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