RELATIONSHIP BETWEEN GDP, ELECTRICITY AND THE SHADOW ECONOMY IN BOLIVIA
DOI:
https://doi.org/10.23881/idupbo.021.2-2eKeywords:
Relación Electricidad –PIB, Cultivos de Coca, Economía Sombra, Economía No Registrada, BoliviaAbstract
This document will estimate the dimension of part of the unregistered or Shadow economy in Bolivia that is relatedwith the coca leaf crops. The analysis is based on data for electricity demand, GDP and coca leaf production extractedfrom UNODC[1] , BID [2] y EIA[3], respectively. The model is based on the existence of a direct relationship betweeneconomic activity and electricity demand. Economic activity has two variables, the formal economy that is quantifiedby the GDP of a country and the unregistered or shadow economy that is not directly quantifiable. Thus, this workquantifies part of the unregistered economy that is related to the coca leaf production.Downloads
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