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

Armagan Tuna Aktuna-Gunes (), Christophe Starzec () and François Gardes ()
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Armagan Tuna Aktuna-Gunes: Centre d'Economie de la Sorbonne - Paris School of Economics, https://centredeconomiesorbonne.univ-paris1.fr
Christophe Starzec: Centre d'Economie de la Sorbonne - Paris School of Economics, https://centredeconomiesorbonne.univ-paris1.fr
François Gardes: Centre d'Economie de la Sorbonne - Paris School of Economics, https://centredeconomiesorbonne.univ-paris1.fr

Documents de travail du Centre d'Economie de la Sorbonne from Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne

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%)

Keywords: Informal economy; complete demand system; full expenditures (search for similar items in EconPapers)
JEL-codes: C81 D01 D12 E26 (search for similar items in EconPapers)
Pages: 22 pages
Date: 2014-03
New Economics Papers: this item is included in nep-ara, nep-cwa, nep-iue and nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

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Persistent link: https://EconPapers.repec.org/RePEc:mse:cesdoc:14018

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