STATISTICAL ESTIMATION OF UNOBSERVED ECONOMIC ACTIVITY

The article researches methods of measuring unobserved economy. The methods being analyzed are based on statistics of households, the method of factual employment, expert method, etc. Each of them has its own advantages and disadvantages and unfortunately cannot provide full characteristics of unobs...

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Autor principal: Galina V. Agentova
Formato: article
Lenguaje:RU
Publicado: Plekhanov Russian University of Economics 2017
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Acceso en línea:https://doaj.org/article/b81e6a0a6fce466494cb565785527827
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spelling oai:doaj.org-article:b81e6a0a6fce466494cb5657855278272021-11-15T05:20:43ZSTATISTICAL ESTIMATION OF UNOBSERVED ECONOMIC ACTIVITY2413-28292587-925110.21686/2413-2829-2016-1-59-69https://doaj.org/article/b81e6a0a6fce466494cb5657855278272017-09-01T00:00:00Zhttps://vest.rea.ru/jour/article/view/120https://doaj.org/toc/2413-2829https://doaj.org/toc/2587-9251The article researches methods of measuring unobserved economy. The methods being analyzed are based on statistics of households, the method of factual employment, expert method, etc. Each of them has its own advantages and disadvantages and unfortunately cannot provide full characteristics of unobserved economy indicators. The author comes to the conclusion about the necessity to develop a common methodology for assessing shadow economy in order to come closer to the exact estimation of GDP and other macro-economic figures, to find the concealed share of the real sector of economy and to identify the scale of country 'shadowing'. True information about the shadow share of economy can help to take measures to normalize Russian economy.Galina V. AgentovaPlekhanov Russian University of Economicsarticleinformal economyshadow economyhouseholdsmacro-economic figuresunregistered economic activitypre-estimated parametersmethods of estimating unobserved economycriteria of data trustworthinessEconomics as a scienceHB71-74RUВестник Российского экономического университета имени Г. В. Плеханова, Vol 0, Iss 1, Pp 59-69 (2017)
institution DOAJ
collection DOAJ
language RU
topic informal economy
shadow economy
households
macro-economic figures
unregistered economic activity
pre-estimated parameters
methods of estimating unobserved economy
criteria of data trustworthiness
Economics as a science
HB71-74
spellingShingle informal economy
shadow economy
households
macro-economic figures
unregistered economic activity
pre-estimated parameters
methods of estimating unobserved economy
criteria of data trustworthiness
Economics as a science
HB71-74
Galina V. Agentova
STATISTICAL ESTIMATION OF UNOBSERVED ECONOMIC ACTIVITY
description The article researches methods of measuring unobserved economy. The methods being analyzed are based on statistics of households, the method of factual employment, expert method, etc. Each of them has its own advantages and disadvantages and unfortunately cannot provide full characteristics of unobserved economy indicators. The author comes to the conclusion about the necessity to develop a common methodology for assessing shadow economy in order to come closer to the exact estimation of GDP and other macro-economic figures, to find the concealed share of the real sector of economy and to identify the scale of country 'shadowing'. True information about the shadow share of economy can help to take measures to normalize Russian economy.
format article
author Galina V. Agentova
author_facet Galina V. Agentova
author_sort Galina V. Agentova
title STATISTICAL ESTIMATION OF UNOBSERVED ECONOMIC ACTIVITY
title_short STATISTICAL ESTIMATION OF UNOBSERVED ECONOMIC ACTIVITY
title_full STATISTICAL ESTIMATION OF UNOBSERVED ECONOMIC ACTIVITY
title_fullStr STATISTICAL ESTIMATION OF UNOBSERVED ECONOMIC ACTIVITY
title_full_unstemmed STATISTICAL ESTIMATION OF UNOBSERVED ECONOMIC ACTIVITY
title_sort statistical estimation of unobserved economic activity
publisher Plekhanov Russian University of Economics
publishDate 2017
url https://doaj.org/article/b81e6a0a6fce466494cb565785527827
work_keys_str_mv AT galinavagentova statisticalestimationofunobservedeconomicactivity
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