Estimates of the Underground Economy in Australia
Author : Christopher Bajada
Publisher :
Page : 44 pages
File Size : 42,74 MB
Release : 1997
Category : Informal sector (Economics)
ISBN :
Author : Christopher Bajada
Publisher :
Page : 44 pages
File Size : 42,74 MB
Release : 1997
Category : Informal sector (Economics)
ISBN :
Author : Christopher Bajada
Publisher : Routledge
Page : 198 pages
File Size : 11,11 MB
Release : 2017-11-22
Category : Social Science
ISBN : 1351739913
This title was first published in 2002: Very little is known on the Australian underground economy. Only speculation has offered estimates of its size - around ten per cent of GDP. This book provides comprehensive research on the topic for Australia, including the suggestion that the underground economy exhibits strong fluctuations. The text has three central objectives: to understand why a suspiciously large amount of currency remains outstanding and cannot be explained by legitimate transactions alone. Secondly, to examine factors that motivate individuals to participate in the underground economy and the consequences they may have on the business cycle, on the quality of the National Accounts and on taxation revenue. And finally, to examine whether households or businesses are contributing most to the underground economy and whether the new tax system, introduced in July 2000, will have any impact on underground activities in Australia.
Author : Friedrich Schneider
Publisher : Routledge
Page : 429 pages
File Size : 17,71 MB
Release : 2018-01-18
Category : Business & Economics
ISBN : 1351149024
Bringing together top international researchers this book provides a worldwide coverage of underground economic activities. It presents estimates of the underground economy for 145 countries - the most comprehensive ever undertaken; an in-depth examination of the underground economy for a select number of these countries; and an analysis of the public policy implications through an assessment of how various governments have attempted to address this issue. The book brings together the latest research on tax evasion, tax morale and other underlying factors that have so significantly influenced participation in the underground economy. It provides a comprehensive overview of the size and development of the underground economy, its major causes and motivations and its effects on the legitimate economy. In addition, it reviews recent public policy concerns by a number of countries and how they have responded with measures to curb these underground economic activities.
Author : Friedrich Schneider
Publisher : Cambridge University Press
Page : 225 pages
File Size : 15,97 MB
Release : 2013-02-14
Category : Business & Economics
ISBN : 1107034841
This book presents new data to give an overview of shadow economies from OECD countries and propose solutions to prevent illicit work.
Author : Leandro Medina
Publisher : International Monetary Fund
Page : 114 pages
File Size : 35,15 MB
Release : 2018-01-25
Category : Business & Economics
ISBN : 1484339177
We undertake an extended discussion of the latest developments about the existing and new estimation methods of the shadow economy. New results on the shadow economy for 158 countries all over the world are presented over 1991 to 2015. Strengths and weaknesses of these methods are assessed and a critical comparison and evaluation of the methods is carried out. The average size of the shadow economy of the 158 countries over 1991 to 2015 is 31.9 percent. The largest ones are Zimbabwe with 60.6 percent, and Bolivia with 62.3 percent of GDP. The lowest ones are Austria with 8.9 percent, and Switzerland with 7.2 percent. The new methods, especially the new macro method, Currency Demand Approach (CDA) and Multiple Indicators Multiple Causes (MIMIC) in a structured hybrid-model based estimation procedure, are promising approaches from an econometric standpoint, alongside some new micro estimates. These estimations come quite close to others used by statistical offices or based on surveys.
Author : Trevor Breusch
Publisher :
Page : 0 pages
File Size : 32,7 MB
Release : 2006
Category :
ISBN :
The method of 'excess sensitivity' of Bajada (1999, 2000, 2001) indicates a large underground economy in Australia, with estimates of unrecorded income approximately 15 per cent of official gross domestic product. These estimates concern policy-makers, especially those agencies responsible for national accounts, tax collection, economic stabilisation and law enforcement. We show that the method exhibits a severe form of non-robustness, in which the results change markedly with a simple change in the units of measurement of the variables. There is a separate problem in which a key parameter is set to an unrealistic value that makes the estimates many times too high.
Author : Fraser Institute (Vancouver, B.C.)
Publisher : The Fraser Institute
Page : 122 pages
File Size : 49,91 MB
Release : 1997
Category : Informal sector (Economics)
ISBN : 0889751692
From the back cover: The papers in this ground breaking book constitute a unique collection of information about the underground economy and how it is manifested in a variety of countries. Section One attempts to measure Canada's underground economic activity and provides a specific estimate of the impact that tax changes have on its size. It also looks at the problems of tax evasion and tax avoidance. Section Two deals with the size of the underground substance economy, the legal aspects of tlhe underground economy in the United States, and an asseeement of the economic activities of the Mafia. Section Three analyzes the underground economy abroad, specifically in the United States, Britain, Mexico, Peru, Chile, Russia and China. The fourth section returns to Canada and examines some policy implications of the underground economy. A survey detailed in Section One shows that a majority of Canadians believe that they do not receive enough benefits for the taxation they pay. Section Four offers a solution to the problem of tax evasion and underground economic activity; the adoption of user fees and user taxes.
Author : Fraser Institute (Vancouver, B.C.)
Publisher : The Fraser Institute
Page : 364 pages
File Size : 31,92 MB
Release : 1997
Category : Business & Economics
ISBN :
From the back cover: The papers in this ground breaking book constitute a unique collection of information about the underground economy and how it is manifested in a variety of countries. Section One attempts to measure Canada's underground economic activity and provides a specific estimate of the impact that tax changes have on its size. It also looks at the problems of tax evasion and tax avoidance. Section Two deals with the size of the underground substance economy, the legal aspects of tlhe underground economy in the United States, and an asseeement of the economic activities of the Mafia. Section Three analyzes the underground economy abroad, specifically in the United States, Britain, Mexico, Peru, Chile, Russia and China. The fourth section returns to Canada and examines some policy implications of the underground economy. A survey detailed in Section One shows that a majority of Canadians believe that they do not receive enough benefits for the taxation they pay. Section Four offers a solution to the problem of tax evasion and underground economic activity; the adoption of user fees and user taxes.
Author :
Publisher :
Page : 32 pages
File Size : 15,8 MB
Release : 2008
Category :
ISBN :
Author : Mark Andrew Tucker
Publisher :
Page : 552 pages
File Size : 36,92 MB
Release : 1985
Category : Informal sector (Economics)
ISBN :