期刊名称:Federal Reserve Bank of St. Louis - Regional Economist
出版年度:2015
出版社:Federal Reserve Bank of St. Louis
摘要:T he informal economy, also known as the underground economy or black market, is very hard to mea sure. A good example is the produce vendor on the street who sells the same vegetables you find in the super market but handles only cash and pays little or no taxes. Nevertheless, this sector adds considerable va lue to the economy. In developing countries, the informal sector has been estimated to account for about 36 percent of gross domestic product (GDP). In develop ed countries, it has been estimated to be about 13 percent of GDP. 1 (See table.) So how do economists measure the informal sector. This ar ticle explains the two main approaches —direct and indirect—a nd the difficulties that each entails