Formal and informal sectors in China and India: An accounting-based approach

Arbeitspapier

This paper discusses the estimation of a social accounting matrix that distinguishes between formal and informal activities for China and India for 2000 and 1998-99 respectively. Wage shares for the formal/informal employment for China and net domestic product shares for the formal/informal sectors for India are being applied as weights to the input-output tables and flow of funds tables provided by official statistics. While some estimation techniques used in this paper remain vulnerable to criticism, the proposed methodology is a first step towards an integrated approach to account for the dualism of many economies in the developing world. The results are important data input for any policy-driven CGE model for developing countries.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Working Paper ; No. 2009-02

Classification and Topics

• Classification: Wirtschaft ; Measurement and Data on National Income and Product Accounts and Wealth; Environmental Accounts ; Informal Economy; Underground Economy ; Other Economic Systems: National Income, Product, and Expenditure; Money; Inflation
• Subject: informal sector ; social accounting matrix ; comparative economic systems ; China ; India

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Rada, Codrina
• Event: Veröffentlichung
• (who): The University of Utah, Department of Economics
• (where): Salt Lake City, UT
• (when): 2009

Further information

• Handle: http://hdl.handle.net/10419/64434
• Last update: 10.03.2025, 11:42 AM CET