CEU Electronic Theses and Dissertations, 2009
| Author | Sharapenko, Denis Valeryevich |
|---|---|
| Title | Estimation of the Shadow Economy in Russia |
| Summary | This thesis investigates measurement of the shadow economy in Russia. It first reviews the existing body of literature on subject and evaluates the developed approaches. Then it employs the most comprehensive one (mixed MIMIC and currency demand approach) with the latest data. It obtains a point estimate - 22,2% of GDP in 1995 - and then derives the dynamics of the shadow economy. Its trajectory is found to be upward trending, with an estimate of 70% of GDP in 2008. In the end policy implications are given based on the analysis of factors of growth of the shadow economy. |
| Supervisor | Grajzl, Peter |
| Department | Economics MA |
| Full text | https://www.etd.ceu.edu/2009/sharapenko_denis.pdf |
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