In this paper, an attempt is made to measure the hidden economy of Trinidad & Tobago over the period 1973-1999, within the Structural Cointegrating VAR (SCVAR) framework. Using a Tanzi-type currency demand approach as a starting point, a multiple equation SCVAR model is estimated that contains...

This paper uses time series and pooled data to estimate the current account function of a non-oil developing country (Barbados) and an oil dependent economy (Trinidad and Tobago). The pooled data reveals that the terms of trade (TOT), the government variable (BSGDP), foreign incomes (FGDP), the...