Modeling the Underground Economy in Turkey: Randomized Response and MIMIC Models
Abstract
MIMIC model and two versions of the Randomized Response (RR) Technique are employed to estimate the size of the underground economy (UE) in Turkey. The RR estimate for 1998 is 28% of ‘measured’ GDP. Over the period from 1970 to 1998, the size of the UE is found to vary between 10% and 45%. The UE faces big drop in the mid-1980s, implying the importance of structural changes in the Turkish economy in reducing the size of UE. All types of burden imposed by government are found to be positively related to the UE. Tax-gap issue is also addressed.Download Info
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Bibliographic Info
Article provided by Missouri Valley Economic Association in its journal The Journal of Economics.
Volume (Year): 29 (2003)
Issue (Month): 1 ()
Pages: 49-76
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Web page: http://www.mvea.net
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Related research
Keywords:Find related papers by JEL classification:
- C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models
- C42 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Survey Methods
- H26 - Public Economics - - Taxation, Subsidies, and Revenue - - - Tax Evasion
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Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.Cited by:
- Karanfil, Fatih, 2008. "Energy consumption and economic growth revisited: Does the size of unrecorded economy matter?," Energy Policy, Elsevier, vol. 36(8), pages 3019-3025, August.
- Roberto Dell'Anno & Ferda Halicioglu, 2010.
"An ARDL model of unrecorded and recorded economies in Turkey,"
Journal of Economic Studies,
Emerald Group Publishing, vol. 37(6), pages 627-646, September.
- HALICIOGLU, Ferda & Dell’Anno, Roberto, 2009. "An ARDL model of unrecorded and recorded economies in Turkey," MPRA Paper 24982, University Library of Munich, Germany.
- Karanfil, Fatih & Ozkaya, Ata, 2007. "Estimation of real GDP and unrecorded economy in Turkey based on environmental data," Energy Policy, Elsevier, vol. 35(10), pages 4902-4908, October.
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