The Size of Underground Economy in Albania

Brunela Trebicka

Academic Journal of Interdisciplinary Studies, 2014, vol. 3

Abstract: The main purpose of this paper is to assess the size of the underground sector of the economy in Albania by using the Indirect Approach - Currency Demand Approach. A few studies have tried estimate the size of the informal economy in Albania in the previous years and there’s no evidence of recent estimates of informality. Also, there are some other available studies which give some point assessments of informality in Albania but without information on its development over time. Using indirect measurement approaches we found that the size of the underground economy still accounts for a large share to GDP, but there is a decrease in size on the last years. This may be the result of vast reforms and a formalization process undertaken by the Albanian governments over time. Despite these results, it’s important to highlight the fact that the average ratio of the underground economy to GDP presents a declining trend over the period 1998 – 2013.

Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.richtmann.org/journal/index.php/ajis/article/view/4996 (text/html)
https://www.richtmann.org/journal/index.php/ajis/article/view/4996/4835 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bjz:ajisjr:871

DOI: 10.5901/ajis.2014.v3n4p503

Access Statistics for this article

More articles in Academic Journal of Interdisciplinary Studies from Richtmann Publishing Ltd
Bibliographic data for series maintained by Richtmann Publishing Ltd ().