Estimation of Informal Economy in Pakistan through Monetary Approach
This study purposes to estimate Pakistan's informal economy by monetary methods. Ordinary least square is used for estimation. From the monetary approach, we conclude that the informal economy is increasing. In our study, particular implications of the informal economy are identified and conferred to accomplish and achieve the goal of continuous growth and progression of a country. The informal economy plays a main role in income inequality and reducing poverty. It limits the implementation of the operative public policy. The government should make such policies to control the informal economy and increase tax evasion.
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Informal Economy, Indirect and Direct Approaches, Monetary Approach and Underground Economy
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(1) Rohina Khan
Phil Scholar, Department of Economics, University of Peshawar, KP, Pakistan.
(2) Nadeem Iqbal
Assistant Professor, Department of Economics, University of Peshawar, KP, Pakistan.
(3) Aisha Rehman
PhD Scholar, Department of Economics, University of Peshawar, KP, Pakistan.
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Cite this article
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APA : Khan, R., Iqbal, N., & Rehman, A. (2024). Estimation of Informal Economy in Pakistan through Monetary Approach. Global Political Review, IX(III), 85-96. https://doi.org/10.31703/gpr.2024(IX-III).09
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CHICAGO : Khan, Rohina, Nadeem Iqbal, and Aisha Rehman. 2024. "Estimation of Informal Economy in Pakistan through Monetary Approach." Global Political Review, IX (III): 85-96 doi: 10.31703/gpr.2024(IX-III).09
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HARVARD : KHAN, R., IQBAL, N. & REHMAN, A. 2024. Estimation of Informal Economy in Pakistan through Monetary Approach. Global Political Review, IX, 85-96.
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MHRA : Khan, Rohina, Nadeem Iqbal, and Aisha Rehman. 2024. "Estimation of Informal Economy in Pakistan through Monetary Approach." Global Political Review, IX: 85-96
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MLA : Khan, Rohina, Nadeem Iqbal, and Aisha Rehman. "Estimation of Informal Economy in Pakistan through Monetary Approach." Global Political Review, IX.III (2024): 85-96 Print.
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OXFORD : Khan, Rohina, Iqbal, Nadeem, and Rehman, Aisha (2024), "Estimation of Informal Economy in Pakistan through Monetary Approach", Global Political Review, IX (III), 85-96
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TURABIAN : Khan, Rohina, Nadeem Iqbal, and Aisha Rehman. "Estimation of Informal Economy in Pakistan through Monetary Approach." Global Political Review IX, no. III (2024): 85-96. https://doi.org/10.31703/gpr.2024(IX-III).09