Formal And Informal Sectors In China And India
This paper discusses the estimation of a social accounting matrix that distinguishes between formal and informal activities for China and India for 2000 and 1998-99 respectively. Wage shares for formal/informal employment in China and net domestic product shares for organized/unorganized sectors in India are used as weights to calculate the size of the two sectors. The proposed methodology is a first step towards an integrated approach to account for the dualism of many economies in the developing world. The results can serve as data input for any policy-driven CGE model for developing countries.
Volume (Year): 22 (2010)
Issue (Month): 2 ()
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