Estimating the Size of the Shadow Economy: Methods, Problems and Open Questions
Turkish Economic Review
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Title |
Estimating the Size of the Shadow Economy: Methods, Problems and Open Questions
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Creator |
SCHNEIDER, Friedrich; Department of Economics, Johannes Kepler University of Linz, Altenberger Strasse 69, A-4040 Linz-Auhof, Austria. Phone: +43-732-2468-7340, Fax: +43-732-2468-7341, E-mail: friedrich.schneider@jku.at, www.econ.jku.at/Schneider
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Subject |
Shadow economy estimates; MIMIC approach; Methods to estimate the shadow economy; Advantages and disadvantages of the measurement methods.
D78; E26; H20; H11; H26; K42; O50; O17. |
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Description |
Abstract. This paper presents various methods for estimating the size of the shadow economy and analyzes their strengths and weaknesses. The purpose of the paper is twofold. Firstly, it demonstrates that no ideal method exists to estimate the size and development of the shadow economy. Because of its flexibility, the MIMIC method used to get macro-estimates of the size of the shadow economy is discussed in greater detail. Secondly, the paper focuses on the definition and causal factors of the shadow economy and provides a comparison of the size of the shadow economy using different estimation methods.Keywords. Shadow economy estimates, MIMIC approach, Methods to estimate the shadow economy, Advantages and disadvantages of the measurement methods.JEL. D78, E26, H2, H11, H26, K42, O5, O17.
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Publisher |
Turkish Economic Review
Turkish Economic Review |
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Contributor |
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Date |
2016-06-18
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — |
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Format |
application/pdf
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Identifier |
http://www.kspjournals.org/index.php/TER/article/view/832
10.1453/ter.v3i2.832 |
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Source |
Turkish Economic Review; Vol 3, No 2 (2016): June; 256-280
Turkish Economic Review; Vol 3, No 2 (2016): June; 256-280 2149-0414 |
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Language |
eng
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Relation |
http://www.kspjournals.org/index.php/TER/article/view/832/886
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Rights |
Copyright (c) 2016 Turkish Economic Review
http://creativecommons.org/licenses/by-nc/4.0 |
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