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Une évaluation de la taille de l'économie informelle par un système complet de demande estimé sur données monétaires et temporelles

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Abstract

We use the demand system approach to estimate the size of informal economy in Turkey following the methodology based on the analysis of the individual consumption behaviour proposed by Pissarides, Weber [1989], Lyssiotou et al. [2004] and Fortin et al. [2009]. We extend this method by taking into account both the monetary expenditures and time spent on domestic activities. The necessary information of money and time inputs in consumption on the household's level is obtained by a statistical match of the Turkish Family Budget and Time Use surveys [2006]. As expected, the estimated model size of the informal economy in Turkey using the full (time plus money) expenditure is higher than those obtained by only monetary expenditure approach (in average 40.6% and 33.5% of GDP for self employers and 20.7% and 14.1% of GDP for wage-earners respectively) and also higher than that obtained by more conventional macroeconomic methods (35.1%)

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  • Armagan Tuna Aktuna-Gunes & Christophe Starzec & François Gardes, 2014. "Une évaluation de la taille de l'économie informelle par un système complet de demande estimé sur données monétaires et temporelles," Documents de travail du Centre d'Economie de la Sorbonne 14018, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
  • Handle: RePEc:mse:cesdoc:14018
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    1. James Banks & Richard Blundell & Arthur Lewbel, 1997. "Quadratic Engel Curves And Consumer Demand," The Review of Economics and Statistics, MIT Press, vol. 79(4), pages 527-539, November.
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    1. Armagan Tuna Aktuna-Gunes & François Gardes & Christophe Starzec, 2014. "The Size of Informal Economy and Demand Elasticity Estimates Using Full Price Approach: A Case Study for Turkey," Documents de travail du Centre d'Economie de la Sorbonne 14088, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
    2. Armagan Tuna Aktuna-Gunes, 2015. "Domestic activity patterns pertaining to households and informality in Turkey," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-01161874, HAL.
    3. Armagan Tuna Aktuna-Gunes & François Gardes & Christophe Starzec, 2014. "The Size of Informal Economy and Demand Elasticity Estimates Using Full Price Approach: A Case Study for Turkey," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-01149595, HAL.
    4. Armagan Tuna Aktuna-Gunes & François Gardes & Christophe Starzec, 2014. "The Size of Informal Economy and Demand Elasticity Estimates Using Full Price Approach: A Case Study for Turkey," Post-Print halshs-01149595, HAL.
    5. Armagan Tuna Aktuna-gunes & Francois Gardes & Christophe Starzec, 2017. "Informal Markets, Domestic Production and Demand Elasticities: A Case Study for Turkey," Economics Bulletin, AccessEcon, vol. 37(3), pages 1496-1513.
    6. Armagan Tuna Aktuna-Gunes, 2015. "Domestic activity patterns pertaining to households and informality in Turkey," Post-Print halshs-01161874, HAL.
    7. Armagan Tuna Aktuna-Gunes, 2015. "Domestic activity patterns pertaining to households and informality in Turkey," Documents de travail du Centre d'Economie de la Sorbonne 15018, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.

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    More about this item

    Keywords

    Informal economy; complete demand system; full expenditures;
    All these keywords.

    JEL classification:

    • D01 - Microeconomics - - General - - - Microeconomic Behavior: Underlying Principles
    • D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
    • E26 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Informal Economy; Underground Economy
    • C81 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Microeconomic Data; Data Access

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