2016
DOI: 10.4018/978-1-4666-8729-5.ch004
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The Comparison of the Shadow Economy in Turkey and European Countries

Abstract: As informal activities are considered as a crime, that kind of activities are being carried out secretly and their detection is difficult in most cases. Along with difficulties in determining the size of informal economy exactly, recently developed models and opportunities to reach reliable data enable making realistic estimations in regard to shadow economy. This study benefits from 11 different studies estimating informality in European countries and Turkey by using physical input, currency demand, DYMIMIC, … Show more

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Cited by 3 publications
(3 citation statements)
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“…MCDA potentially consider the issue, but it will be challenged by the availability of data and experts who could link the interaction of the informal economy and energy sector. As a suggestion, energy analytical tool should adopt the multiple-indicators multiple-causes (MIMIC) and dynamic MIMIC (DYMIMIC) methods which can be used to assess the size of the informal economy (Karaca, 2016;Davidescu, 2017).…”
Section: Which Tools To Use? a Synthesismentioning
confidence: 99%
“…MCDA potentially consider the issue, but it will be challenged by the availability of data and experts who could link the interaction of the informal economy and energy sector. As a suggestion, energy analytical tool should adopt the multiple-indicators multiple-causes (MIMIC) and dynamic MIMIC (DYMIMIC) methods which can be used to assess the size of the informal economy (Karaca, 2016;Davidescu, 2017).…”
Section: Which Tools To Use? a Synthesismentioning
confidence: 99%
“…Policies and programs that are engendered on the basis of unreliable statistics may be inappropriate and self‐defeating. (Karaca, , p. 73)…”
mentioning
confidence: 99%
“…MCDA potentially consider the issue, but it will be challenged by the availability of data and experts who could link the interaction of the informal economy and energy sector. As a suggestion, energy analytical tool should adopt the multiple-indicators multiple-causes (MIMIC) and dynamic MIMIC (DYMIMIC) methods which can be used to assess the size of the informal economy (Davidescu, 2017, Karaca, 2016.…”
Section: Which Tools To Use?mentioning
confidence: 99%