Measurement of Kazakhstan’s non-observed economy (based on the principles of the System of National Accounts)

Economic Annals-ХХI: Volume 155, Issue 11-12, Pages: 67-72

Citation information:
Azatbek, T., & Ramazanov, A. (2015). Measurement of Kazakhstan’s non-observed economy (based on the principles of the System of National Accounts). Economic Annals-XXI, 155(11-12), 67-72. https://ea21journal.world/index.php/ea-v155-15/


Tolkyn Azatbek
D.Sc. (Economics),
Professor,
L. N. Gumilyov Eurasian National University
2 Satpayev Str., Astana, 010000, Republic of Kazakhstan
tolkyn_d2005@mail.ru

Altay Ramazanov
D.Sc. (Economics),
Professor,
Kazakh National Technical University named after K. I. Satpayev
2 Satpayev Str., Astana, 010000, Republic of Kazakhstan
ramazanov_altay@mail.ru

Measurement of Kazakhstan’s non-observed economy (based on the principles of the System of National Accounts)

Abstract. The authors analyse the existing data on the types of non-observed activities in Kazakhstan. The assessment was conducted based on foreign experience and practice of unobservable activities assessing in accordance with the recommendations of the United Nations Economic Commission for Europe and Eurostat. The accumulation of relevant data from different available sources and own calculations made it possible to assess the actual volume of Kazakh non-observed economy by regions for 2013. Three biggest segments of Kazakh non-observed economy form drug trade (40.8%), prostitution (35.8%) and illegal alcohol production (22.9%).

Keywords: Non-observed Economy; Non-observed Activity; Drug Trafficking; Prostitution; Poaching; Smuggling; Illegal Alcohol Production; Unauthorised Copies

JEL Classification: A10

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Received 13.11.2015