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Estimación cuantitativa de la economía sumergida en España

Author

Listed:
  • Ignacio Mauleón

    (Universidad de Salamanca)

  • Jordi Sarda

    (Universidad Rovira i Virgill)

Abstract

The research reported in this paper presents estimates for the size of the shadow economy in Spain for the period 1973-1996, based on the currency demand approach. The basic results are as follows: 1) the size of the underground economy is 16% of the observed economy; this estimate is subject to substantial uncertainty, though; 2) increasing taxes does not result in an equivalent increase in fiscal proceeds, since part of the economy goes underground; 3) the growth rate of the observed GDP is an adequate measure of the growth rate for the whole economy, observed and underground.

Suggested Citation

  • Ignacio Mauleón & Jordi Sarda, 1997. "Estimación cuantitativa de la economía sumergida en España," EKONOMIAZ. Revista vasca de Economía, Gobierno Vasco / Eusko Jaurlaritza / Basque Government, vol. 39(03), pages 124-135.
    • Handle: RePEc:ekz:ekonoz:1997306
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    More about this item

    Keywords

    Economía sumergida; demanda de efectivo; presión fiscal;
    All these keywords.

    JEL classification:

    • E26 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Informal Economy; Underground Economy
    • H20 - Public Economics - - Taxation, Subsidies, and Revenue - - - General
    • H26 - Public Economics - - Taxation, Subsidies, and Revenue - - - Tax Evasion and Avoidance
    • O17 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Formal and Informal Sectors; Shadow Economy; Institutional Arrangements

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