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The Problem Of Quantifying The Underground Economy: Applying The Method Of Metered Resources

Author

Listed:
  • Galina ULIAN

    (USM)

  • Iulia CAPRIAN

Abstract

The Underground Economy is a „shadow” of the real economy, endowed with elastic properties: it can be large, small (although not null) based on the specifics of a country, its leaders, economic and legal policies. In relation to the real economy, which is monitored by authorities, the underground economy is usually in a state of growth. In this context, methodologically-practical developments for quantitative estimation of unofficial economic activities are of interest. The problem is generated by a lack of a statistical accounting system, a system of economical indicators in the real economy that would serve as basis for a quantitative estimate of indicators pertaining to the underground economy.

Suggested Citation

  • Galina ULIAN & Iulia CAPRIAN, 2013. "The Problem Of Quantifying The Underground Economy: Applying The Method Of Metered Resources," ECONOMY AND SOCIOLOGY: Theoretical and Scientifical Journal, Socionet;Complexul Editorial "INCE", issue 4, pages 25-30.
  • Handle: RePEc:nos:ycriat:73
    as

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    More about this item

    Keywords

    shadow economy; financial economics; resource count; laundering of money; methods of estimation of the shadow economy; analytical data processing methods; direct and indirect methods; economic and legal mechanisms for sanctioning national oligarchy.;
    All these keywords.

    JEL classification:

    • B26 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Financial Economics
    • C02 - Mathematical and Quantitative Methods - - General - - - Mathematical Economics
    • C11 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Bayesian Analysis: General
    • C82 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Macroeconomic Data; Data Access
    • H26 - Public Economics - - Taxation, Subsidies, and Revenue - - - Tax Evasion and Avoidance
    • H27 - Public Economics - - Taxation, Subsidies, and Revenue - - - Other Sources of Revenue
    • H32 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - Firm

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