On the Problem of Measurement of Non-observable Economy in Georgia

T. Beridze

Voprosy Ekonomiki, 2004, issue 8

Abstract: The share of non-observable economy in Georgia is great enough. According to various estimations it differs from 30 up to 40% of total output in the economy as a whole and more than 50% — in the business sphere. The major tool of estimation of scales of non-observable economy are employment surveys of population. In 1995-2001 special surveys of some sectors of the Georgian economy within the framework of TACIS program were carried out. Their results have allowed to correct, for instance, indicators of production and import of tobacco, volumes of construction and services in health and educational spheres.

Date: 2004
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Persistent link: https://EconPapers.repec.org/RePEc:nos:voprec:y:2004:id:1931

DOI: 10.32609/0042-8736-2004-8-102-109

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