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Methods To Quantify The Underground Economy

Author

Listed:
  • Oana Simona HUDEA

    (University of Bucharest, Romania)

Abstract

The underground economy issue has raised in time miscellaneous discussions, it representing a large interest problem that affects the nations all over the world, without exception and, thereby, the well—being of stand—alone individuals. Although also treated in some previous works of the author, this topic in herein approached from a different perspective, namely the one related to distinct methods to be used in order to capture, by quantification, this undesirable economic form. Such methods, empirically tested or just imposed, based on arguments, by the researchers having launched the same, are rendered while considering their pluses and minuses in revealing, with a reasonable accuracy, the level of the above—mentioned informal economy.

Suggested Citation

  • Oana Simona HUDEA, 2017. "Methods To Quantify The Underground Economy," Network Intelligence Studies, Romanian Foundation for Business Intelligence, Editorial Department, issue 10, pages 117-121, December.
    • Handle: RePEc:cmj:networ:y:2017:i:10:p:117-121
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    References listed on IDEAS

    as
    1. Colin C. WILLIAMS & Mark A. LANSKY, 2013. "Informal employment in developed and developing economies: Perspectives and policy responses," International Labour Review, International Labour Organization, vol. 152(3-4), pages 355-380, December.
    2. Schneider,Friedrich & Enste,Dominik H., 2016. "The Shadow Economy," Cambridge Books, Cambridge University Press, number 9781316600894, January.
    3. Arne Jon Isachsen & Steiner Strøm, 1985. "The Size And Growth Of The Hidden Economy In Norway," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 31(1), pages 21-38, March.
    4. Hans‐Georg Petersen, 1982. "Size Of The Public Sector, Economic Growth And The Informal Economy: Development Trends In The Federal Republic Of Germany," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 28(2), pages 191-215, June.
    5. Feige,Edgar L. (ed.), 1989. "The Underground Economies," Cambridge Books, Cambridge University Press, number 9780521262309.
    6. Friedrich SCHNEIDER, 2016. "Estimating the Size of the Shadow Economy: Methods, Problems and Open Questions," Turkish Economic Review, KSP Journals, vol. 3(2), pages 256-280, June.
    7. Oana Simona Hudea, 2017. "How To Manage Underground Economy- Related Issues," Manager Journal, Faculty of Business and Administration, University of Bucharest, vol. 25(1), pages 99-109, May.
    8. Stefan D. HAIGNER & Stefan JENEWEIN & Friedrich SCHNEIDER & Florian WAKOLBINGER, 2013. "Driving forces of informal labour supply and demand in Germany," International Labour Review, International Labour Organization, vol. 152(3-4), pages 507-524, December.
    9. Halpern,László & Wyplosz,Charles (ed.), 1998. "Hungary: Towards a Market Economy," Cambridge Books, Cambridge University Press, number 9780521630689.
    10. Kaufmann, Daniel & Kaliberda, Aleksander, 1996. "Integrating the unofficial economy into the dynamics of post-socialist economies : a framework of analysis and evidence," Policy Research Working Paper Series 1691, The World Bank.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Underground economy; Informal labour market; Officially unreported incomes; Informal economy quantification; Quantitative methods;
    All these keywords.

    JEL classification:

    • E20 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - General (includes Measurement and Data)
    • E26 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Informal Economy; Underground Economy
    • J46 - Labor and Demographic Economics - - Particular Labor Markets - - - Informal Labor Market
    • O17 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Formal and Informal Sectors; Shadow Economy; Institutional Arrangements

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