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Informal Component in the Structure of Regional Economy: Valuation and Modelling Attempt

Journal: Herald of the Economic Sciences of Ukraine (Vol.32, No. 1)

Publication Date:

Authors : ; ; ;

Page : 109-116

Keywords : shadow economy; contribution to the interpretation of GRP; wages; legalization; region; economic activity; average and minimum wages;

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Abstract

The existing methods of assessment shadow GRP, advantages and disadvantages of the existence of the shadow economy. Consider issues of interpretation concerning the performance of shadow economy determine its scope and contribution of official GDP (GRP, GVA). The method of evaluation of shadow economy - "a method of social justice," which explains the internal and external contribution to the shadow economy into the official GDP for Dnipropetrovs’k region and the main economic activities and shown to approach the proper redistribution of income between labour and capital can be very important reserve for modernization and growth of the regional economy.

Last modified: 2017-08-26 16:00:38