| The underground economy in Croatia (2002) | |||||||
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| THE UNDERGROUND ECONOMY CROATIA Katarina Ott Occasional Paper March Institute Public Finance Katarina Ott The Underground Economy Croatia Abstract This article succinct description research into the underground economy Croatia the period The circumstances surrounding and the reasons for the origin the are explained the dimensions and changes the are estimated the level the whole the economy and terms certain industries Also the socio cultural and institutional dimensions the are analysed including the influence formal and informal norms privatisation poverty self employment and Various evaluation methods give different results the national accounting discrepancy between income and expenditures method below national accounting discrepancy method shows growth the from maximum GDP and steady reduction GDP accordance with that method the period the came average about and average GDP The Eurostat method and estimates tax evasion coincide with these trends while two monetary methods and the consumption electrical energy method show rise the the period with trends annual levels between and and fall With reservations because the uneven results obtained these various methods and because uncertainty whether this matter genuine reduction the an improvement statistics nevertheless have conclude that this research indicates that there has been genuine reduction the The results the project indicate negative correlation between the and GDP growth then work the black the main reason for the | |||||||
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