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Author:Bhattacharyya, D.
Title:On the economic rationale of estimating the hidden economy
Journal:Economic Journal
1999 : JUN, VOL. 109:456, p. 348-359
Index terms:ECONOMICS
ESTIMATION
ECONOMIC CONDITIONS
Language:eng
Abstract:The estimation of the hidden economy may be considered as a human passion for knowing the unknown. Although a large literature on the hidden economy exists, the subject is still controversial at a very basic level. There are disagreements about: (1) the definition of the hidden activities; (2) the terms used to describe these activities; (3) the estimation or measurement procedures; (4) the use of these estimates in economic analysis. In this paper the author considers only the issues related to estimation, economic and econometric analysis of the hidden economy.
SCIMA record nr: 202254
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