Consumption in the Dark: Estimating Unrecorded Expenditures of Households in Croatia
The unofficial sector is generally regarded as an important liability for the development of a post-transitional society. In this paper we adopt a new approach to estimate the unofficial economy by estimating the unrecorded consumption of households in Croatia. This is done by means of conducting a...
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
The Institute of Economics, Zagreb
2017-01-01
|
| Series: | Croatian Economic Survey |
| Subjects: | |
| Online Access: | https://hrcak.srce.hr/file/283801 |
| _version_ | 1797207735868063744 |
|---|---|
| author | Bruno Škrinjarić Vedran Recher Jelena Budak |
| author_facet | Bruno Škrinjarić Vedran Recher Jelena Budak |
| author_sort | Bruno Škrinjarić |
| collection | DOAJ |
| description | The unofficial sector is generally regarded as an important liability for the development of a post-transitional society. In this paper we adopt a new approach to estimate the unofficial economy by estimating the unrecorded consumption of households in Croatia. This is done by means of conducting a nationally representative survey on payment habits of the Croatian consumers and by pairing these data with the household consumption survey. Our main focus concerns cash payments without an issued receipt, which is assumed to represent the unofficial part of transactions. In this way we circumvent some notable deficiencies of direct surveys on income reporting and selective reviews. We find that the part of unofficial economy arising from household consumption was around 0.69 percent of GDP in 2014. |
| first_indexed | 2024-04-24T09:27:38Z |
| format | Article |
| id | doaj.art-473a3359e5354717ba1df5a33f151a63 |
| institution | Directory Open Access Journal |
| issn | 1330-4860 1846-3878 |
| language | English |
| last_indexed | 2024-04-24T09:27:38Z |
| publishDate | 2017-01-01 |
| publisher | The Institute of Economics, Zagreb |
| record_format | Article |
| series | Croatian Economic Survey |
| spelling | doaj.art-473a3359e5354717ba1df5a33f151a632024-04-15T14:33:58ZengThe Institute of Economics, ZagrebCroatian Economic Survey1330-48601846-38782017-01-0119213516710.15179/ces.19.2.5Consumption in the Dark: Estimating Unrecorded Expenditures of Households in CroatiaBruno Škrinjarić0Vedran Recher1Jelena Budak2The Institute of Economics, Zagreb, CroatiaThe Institute of Economics, Zagreb, CroatiaThe Institute of Economics, Zagreb, CroatiaThe unofficial sector is generally regarded as an important liability for the development of a post-transitional society. In this paper we adopt a new approach to estimate the unofficial economy by estimating the unrecorded consumption of households in Croatia. This is done by means of conducting a nationally representative survey on payment habits of the Croatian consumers and by pairing these data with the household consumption survey. Our main focus concerns cash payments without an issued receipt, which is assumed to represent the unofficial part of transactions. In this way we circumvent some notable deficiencies of direct surveys on income reporting and selective reviews. We find that the part of unofficial economy arising from household consumption was around 0.69 percent of GDP in 2014.https://hrcak.srce.hr/file/283801unofficial economyhousehold consumption surveyCroatia, post-transition |
| spellingShingle | Bruno Škrinjarić Vedran Recher Jelena Budak Consumption in the Dark: Estimating Unrecorded Expenditures of Households in Croatia Croatian Economic Survey unofficial economy household consumption survey Croatia, post-transition |
| title | Consumption in the Dark: Estimating Unrecorded Expenditures of Households in Croatia |
| title_full | Consumption in the Dark: Estimating Unrecorded Expenditures of Households in Croatia |
| title_fullStr | Consumption in the Dark: Estimating Unrecorded Expenditures of Households in Croatia |
| title_full_unstemmed | Consumption in the Dark: Estimating Unrecorded Expenditures of Households in Croatia |
| title_short | Consumption in the Dark: Estimating Unrecorded Expenditures of Households in Croatia |
| title_sort | consumption in the dark estimating unrecorded expenditures of households in croatia |
| topic | unofficial economy household consumption survey Croatia, post-transition |
| url | https://hrcak.srce.hr/file/283801 |
| work_keys_str_mv | AT brunoskrinjaric consumptioninthedarkestimatingunrecordedexpendituresofhouseholdsincroatia AT vedranrecher consumptioninthedarkestimatingunrecordedexpendituresofhouseholdsincroatia AT jelenabudak consumptioninthedarkestimatingunrecordedexpendituresofhouseholdsincroatia |