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  • 标题:The Size of Informal Economy and Demand Elasticity Estimates Using Full Price Approach: A Case Study for Turkey
  • 作者:Armagan Tuna Aktuna-Gunes ; François Gardes ; Christophe Starzec
  • 期刊名称:Documents de Travail du Centre d'Economie de la Sorbonne
  • 印刷版ISSN:1955-611X
  • 出版年度:2014
  • 出版社:Centre d'Economie de la Sorbonne
  • 摘要:In this article, the size of informal economy is measured by using the full price method proposed by Gardes F. (2014). As an extension of this method, price elasticities are re-estimated by integrating the underreported earning shares both for wage workers and self-employers from cross-sectional data covering 2003-2006 in Turkey. The contribution of this paper is threefold The size of informal economy is estimated by a statistical matching of the Turkish Family Budget and Time Use surveys through a complete demand system including full prices. Second, more accurate price and income elasticities are estimated by using the monetary incomes from informal activities for an emerging economy such as Turkey. Third, extended full price estimation of demand elasticities allow us to discover for which consumption group households are more likely to engage in informal work.
  • 关键词:Informal economy; complete demand system; full prices; demand elasticity
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