Estimation of the Black Economy of Pakistan through the Monetary Approach
Mehnaz Ahmed and
Masood Qazi ()
Additional contact information
Mehnaz Ahmed: Sustainable Development Policy Institute, Islamabad.
The Pakistan Development Review, 1995, vol. 34, issue 4, 791-807
In the recent years the “black economy” has held immense attraction for academics as well as policy-makers. This is because the presence of the black economy is responsible for distortions in the official estimates of macro-economic variables like income generation, employment, rate of inflation, etc., and thus the possible effect on the economic policies cannot be ascertained properly. It, therefore, becomes imperative to investigate this area of research. Researchers have defined the underground economy in alternative ways. The underground economy defined by varied names like black, shadow, hidden, informal, clandestine, second, parallel economy has been divided in four categories for the use of a standard basis of classification.
References: View complete reference list from CitEc
Citations View citations in EconPapers (13) Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:pid:journl:v:34:y:1995:i:4:p:791-807
Access Statistics for this article
More articles in The Pakistan Development Review from Pakistan Institute of Development Economics Contact information at EDIRC.
Bibliographic data for series maintained by Khurram Iqbal ().