Measuring the informal economy in South Africa
South African Journal of Economic and Management Sciences
| Field | Value | |
| Title | Measuring the informal economy in South Africa | |
| Creator | Saunders, S Loots, E | |
| Description | Measuring the size of the South African informal economy has received inadequate attention, making it difficult for policy-makers to assess the impact of policy measures to stimulate informal economic activity. This article aims to estimate thesize of the informal economy by using the Currency Demand Approach. The empirical results reveal that the informal economyas a percentage of GDP decreased from 1967 to 1993, before levelling off. The growth in the informal econmy has alsounderperformed in comparison to formal economic growth. There appears to be a causal relationship running from the informalto the formal economy. Macro-economic policies aimed at the formal economy will not necessarily 'trickle down' to theinformal, while these polcies aimed at the informal economy may have a profound effect on the formal economy. | |
| Publisher | AOSIS Publishing | |
| Date | 2015-01-13 | |
| Identifier | 10.4102/sajems.v8i1.1286 | |
| Source | South African Journal of Economic and Management Sciences; Vol 8, No 1 (2005); 92-101 2222-3436 1015-8812 | |
| Language | eng | |
| Relation |
The following web links (URLs) may trigger a file download or direct you to an alternative webpage to gain access to a publication file format of the published article:
https://sajems.org/index.php/sajems/article/view/1286/479
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