Arby, Muhammad Farooq; Malik, Muhammad Jahanzeb; Hanif, … - eSocialSciences - 2010
This paper estimates the size of informal economy in Pakistan by using monetary approach with some modifications … variables and use autoregressive distributed lag (ARDL) model instead of simple OLS and add education as an additional factor … electricity consumption approach and MIMIC models are used for the first time in case of Pakistan. The results show that the …