On the use of the hidden economy estimates

Bhattacharyya, D . K.
January 2004
Public Choice;Jan2004, Vol. 118 Issue 1/2, p169
Academic Journal
This article focuses on the use of hidden economy estimates. According to the author, the linkages between the record economy and the hidden economy are still largely unknown and the estimated equation raises a number of public policy issues. This article attempts to establish one of the linkages by observing the importance of the "hidden economy" estimates in explaining the variation in consumer durable expenditures. In recent years, there has been worldwide concern on the accuracy of the measurement of the Gross Domestic Product. The reasons for concern vary considerably from country to country and depend on the socio-economic condition of the country.


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