تقدير حجم الاقتصاد غير الرسمي باستخدام طريقة نسبة النقود السائلة : حالة الجزائر خلال الفترة 1970-2017

Abstract EN

The research paper aims to shed light on the size of the informal economy as a percentage of gross domestic product (GDP) in Algeria during the period 1970-2017 using the currency ratio method of Gutmann, This approach is one of the monetary approaches which have been used extensively in estimating the size of the informal economy in various countries of the world, especially when the transactions in the informal economy are largely offset by the use of cash money.

Thus, an increase in the currency ratio may represent a rise in the size of the informal economy, According to the basic assumption of Gutmann the researchers adopted the base year 2007, the year in which the ratio of currency in circulation to overnight deposits is minimum.

It is clear that the size of the informal economy as a percentage of GDP is not very different from the rates recorded by the adoption of other estimation methods, This ratio was between 20 and 30 percent during the period 1970-2017, except for the years neighboring the base year, which often give fake indications about the size of the informal economy.