Comprehensive Measures of GDP and the Unrecorded Economy

Author/Editor:

Manik L. Shrestha ; Adriaan M. Bloem

Publication Date:

December 1, 2000

Electronic Access:

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Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary:

Comprehensive coverage of national accounts estimates is important; however, it is often thwarted by gaps in the recording of economic activity – the so-called “unrecorded economy”. This paper sets out pragmatic statistical approaches for incorporating the unrecorded economy in the national accounts. It describes sources and methods to capture the unrecorded economy and discusses specific issues that arise from the use of indirect sources and techniques. Furthermore, the paper elaborates approaches for collecting data on the unrecorded economy, particularly on economic activities of the household sector.

Series:

Working Paper No. 00/204

Subject:

English

Publication Date:

December 1, 2000

ISBN/ISSN:

9781451874495/1018-5941

Stock No:

WPIEA2042000

Format:

Paper

Pages:

37

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