429-1-1649-1-10-20191203.pdf (412.82 kB)
Shadow economy - is an enterprise survey a preferable approach?
journal contribution
posted on 2023-06-07, 07:33 authored by Barry ReillyBarry Reilly, Krstic GoranaThe direct approaches to measuring the shadow economy have not been used extensively until very recently. A relatively simple method has been developed (Talis J. Putninš and Arnis Sauka 2015) using an income approach to measuring GDP and exploiting survey data on unreported employee wages and the business income generated by enterprises, which was provided by owners/managers of such enterprises. This paper illustrates the advantages of this approach over indirect ones through applying it to two EU candidate countries. This is first done by measuring the size of the shadow economy and then by providing estimates of the factors which cause enterprises to engage in shadow economic activity. Estimates of these factors suggest a number of policy approaches that could reduce the size of the shadow economy in countries similar to the ones we have used here.
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Publication status
- Published
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- Published version
Journal
PanoeconomicusISSN
1452-595XPublisher
Economists' Association of VojvodinaExternal DOI
Issue
5Volume
66Page range
589-610Pages
21.0Department affiliated with
- Economics Publications
Full text available
- Yes
Peer reviewed?
- Yes
Legacy Posted Date
2020-07-16First Open Access (FOA) Date
2020-07-27First Compliant Deposit (FCD) Date
2020-07-16Usage metrics
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