IDEAS home Printed from https://ideas.repec.org/a/aes/infoec/v13y2009i3p179-188.html
   My bibliography  Save this article

Econometric Models Used in the Analysis of the Informal Economy at the Regional Level

Author

Listed:
  • Tudorel ANDREI

    ()

  • Bogdan OANCEA

    ()

  • Andreea Iluzia IACOB

    ()

  • Stelian STANCU

    ()

Abstract

The disintegration of planned economies and the first elements of the market economy have resulted in a new attitude from some companies to transfer their activities to the informal economy. Assessing the probability that a company decides to conduct an economic activity can be done based on the application of the logit and probit econometric models. A series of data for different latent variables should be known for their implementation. This paper presents a number of problems related to the application of these models at the level of economic regions. Binary models are recommended because of a number of variables such as: the size of the informal economy at the level of a company, the size of unpaid taxes and duties due to their activities in the informal economy, which are not known in official statistics. These variables can be substituted to some extent by the latent variables for which data series are known.

Suggested Citation

  • Tudorel ANDREI & Bogdan OANCEA & Andreea Iluzia IACOB & Stelian STANCU, 2009. "Econometric Models Used in the Analysis of the Informal Economy at the Regional Level," Informatica Economica, Academy of Economic Studies - Bucharest, Romania, vol. 13(3), pages 179-188.
  • Handle: RePEc:aes:infoec:v:13:y:2009:i:3:p:179-188
    as

    Download full text from publisher

    File URL: http://revistaie.ase.ro/content/51/108%20-%20Andrei,%20Oancea,%20Stancu,%20Iacob.pdf
    Download Restriction: no

    References listed on IDEAS

    as
    1. Constantin Marian MATEI & Catalin Ionut SILVESTRU & Dragos Stefan SILVESTRU, 2008. "Internet Banking integration within the banking system," Informatica Economica, Academy of Economic Studies - Bucharest, Romania, vol. 0(2), pages 55-59.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    informal economy; econometric models; logit; probit;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aes:infoec:v:13:y:2009:i:3:p:179-188. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Paul Pocatilu). General contact details of provider: http://edirc.repec.org/data/aseeero.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.