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Definition: Non-observed activity
Category: OECD - Non-Observed Economy
An activity within the 1993 SNA production boundary that is not observed, i.e., not directly measured in the basic data from which the national accounts are compiled. http://ec.europa.eu/eurostat/ramon/statmanuals/files/oecd_measuring_non_observed_economy_2002_EN.pdf#page=188
Source:
Organization for Economic Cooperation and Development (OECD), "Measuring the Non-Observed Economy - A Handbook", OECD, Paris, 2002
Organization for Economic Cooperation and Development (OECD), "Measuring the Non-Observed Economy - A Handbook", OECD, Paris, 2002
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