Solomon, Offiong Helen; Shrestha, Sibhaa - In: Journal of Developing Areas 48 (2014) 3, pp. 245-267
Our paper investigates the size and development of the informal sector in Nepal using aggregate data over the period 1991 to 2009. Our estimation using the Multiple Indicator Multiple Cause (MIMIC) model shows that the average size of the informal sector has been about 44%. Nepal has been...