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Some Estimations Concerning The Informal Economy In Romania


  • Dobrescu, Emilian

    (National Institute of Economic Research, Romanian Academy, Bucharest)


This paper discusses alternative approaches to the measurement of the informal economy in Romania. The author proposes two essential criteria regarding the economic classification, namely whether the respective activities are or are not reported through an official established document and whether they are or are not included in the national accounts. Starting from these concepts, a reestimate of the size of the informal economy in Romania is performed.

Suggested Citation

  • Dobrescu, Emilian, 2001. "Some Estimations Concerning The Informal Economy In Romania," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 0(1), pages 7-15, June.
  • Handle: RePEc:rjr:romjef:v::y:2001:i:1:p:7-15

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    References listed on IDEAS

    1. Pauna, Bianca & Ghizdeanu, Ion & Scutaru, Cornelia & Fomin, Petre & Saman, Corina, 2007. "The "Dobrescu" Macromodel Of The Romanian Market Economy - 2005 Version - Yearly Forecast," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 4(1), pages 115-125, March.
    2. Dobrescu, Emilian, 2008. "A Desirable Scenario For The Romanian Economy During 2008-2013," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 5(4), pages 15-58, December.
    3. Dobrescu, Emilian, 2006. "Macromodel of the Romanian market economy (version 2005)," MPRA Paper 35749, University Library of Munich, Germany.
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    More about this item


    national accounts; underground economy; transition economies;

    JEL classification:

    • E26 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Informal Economy; Underground Economy
    • O17 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Formal and Informal Sectors; Shadow Economy; Institutional Arrangements
    • P2 - Economic Systems - - Socialist Systems and Transition Economies


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