Reilly, Barry, Krstic, Gorana and Cominetta, Matteo (2006) Purchasing from Informal Markets: Evidence from Serbia. Applied Economics Quarterly, 52 (3). pp. 239-264. ISSN 1611-6607Full text not available from this repository.
This paper exploits a relatively unique survey conducted in Serbia in late 2000 to examine the determinants of expenditures on goods and services provided through informal outlets. The research reported in this paper adds to a relatively small existing literature on the topic. The empirical analysis is tentatively situated within the context of an Engel curve approach and the influence of informal ‘networks’ on purchasing behaviour is assessed. Our empirical analysis suggests that the share of purchases from informal markets is inversely related to income and there is a strong role for ‘network’ effects.
|Keywords:||Informal Sector Purchases, Serbia, Interval Regression|
|Schools and Departments:||School of Business, Management and Economics
School of Law, Politics and Sociology > Sociology
|Subjects:||H Social Sciences > HC Economic history and conditions
H Social Sciences > H Social Sciences (General)
H Social Sciences > HB Economic theory. Demography
|Depositing User:||Chris Keene|
|Date Deposited:||27 Feb 2008|
|Last Modified:||30 Nov 2012 16:51|
|Google Scholar:||2 Citations|