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Estimating the Size of Underground Economy

Author

Listed:
  • Popovici Veronica

    („Ovidius” University of Constanta, Faculty of Economic Sciences)

  • Paruba Loredana Elena

    („Ovidius” University of Constanta, Faculty of Economic Sciences)

Abstract

This paper aims at defining, measuring and determining the effects of the underground economy. Consequently, it focuses on the specific aspects of every type of assessment method used in the specialty literature of this phenomenon and the possibility to apply them to the realities of the Romanian economy. Underground economy is a fact of life in the entire world, with clear signals of becoming more and more extensive, reaching remarkable dimensions and offering serious grounds for concern over the past few decades.

Suggested Citation

  • Popovici Veronica & Paruba Loredana Elena, 2011. "Estimating the Size of Underground Economy," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 1755-1762, May.
    • Handle: RePEc:ovi:oviste:v:11:y:2011:i:1:p:1755-1762
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    File URL: http://stec.univ-ovidius.ro/html/anale/RO/cuprins%20rezumate/rezumate2011p1.pdf
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    More about this item

    Keywords

    underground economy; assessment methods; DYMIMIC method;
    All these keywords.

    JEL classification:

    • E26 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Informal Economy; Underground Economy

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