Estimating the size of the informal sector

Revenue-Academy / OG-IND

Overlapping Generations Model for India

https://Revenue-Academy.github.io/OG-IND

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Estimating the size of the informal sector #15

Closed jdebacker closed 1 year ago

jdebacker commented 2 years ago

Murthy (IMF conference paper) estimates that the informal sector accounts for about 53% of total economic production (he also estimates the GVA by industry for the formal and informal sectors).

jdebacker commented 1 year ago

This share for the informal sector has been incorporated in calibrating the model since PR #17.