Integrating national accounting and macroeconomic approaches to estimate the underground, informal, and illegal economy in European countries

Roberto Dell’Anno ()
Additional contact information
Roberto Dell’Anno: University of Salerno

International Tax and Public Finance, 2025, vol. 32, issue 2, No 7, 526-565

Abstract: Abstract This article proposes a hybrid national accounts (NA)-macroeconometric approach to fill the gap between the demand for reliable and internationally comparable estimates and the sparse availability of official statistics based on the NA approach. The proposed method combines data from Eurostat’s Tabular approach for the exhaustiveness of NA with estimates based on theoretical hypotheses on the drivers of non-observed production. We estimate underground, informal, and illegal economies for 22 European countries over the period 2000–2020.

Keywords: Underground economy; Informal economy; Illegal economy; Shadow economy; NOE (search for similar items in EconPapers)
JEL-codes: C39 H26 O17 (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
http://link.springer.com/10.1007/s10797-024-09835-y Abstract (text/html)
Access to full text is restricted to subscribers.

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:kap:itaxpf:v:32:y:2025:i:2:d:10.1007_s10797-024-09835-y

Ordering information: This journal article can be ordered from
http://www.springer. ... ce/journal/10797/PS2

DOI: 10.1007/s10797-024-09835-y

Access Statistics for this article

International Tax and Public Finance is currently edited by Ronald B. Davies and Kimberly Scharf

More articles in International Tax and Public Finance from Springer, International Institute of Public Finance Contact information at EDIRC.
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().