ISER researchers discuss their work in these blog posts.

Showing blog articles by Stephen Pudney See blog posts by all authors.

Counting the wages of sin: Illicit drug markets and the National Accounts

  1. Stephen Pudney

National statistical agencies within the EU are now required to include illicit economic activity in the National Accounts. But is this a good idea? Professor Stephen Pudney summarises the conclusions of an ISER review of the methodology used by the UK Office for National Statistics for measuring the contribution of illegal drugs markets to GDP.