IDEAS home Printed from https://ideas.repec.org/p/wpa/wuwppe/0408003.html
   My bibliography  Save this paper

Underground Shocks Ground Zero Responses

Author

Listed:
  • Maurizio Bovi

    (Institute for Studies & Economic Analyses ISAE)

Abstract

The aim of this paper is twofold. First, new annual data on Italian irregular sector for the period 1980-1991 are reconstructed. These data are compatible with the available 1992-2001 official data. Second, based on this self-consistent “long” sample a time series analysis of the two sides – the underground and the regular - of the Italian GDP is performed. Results from univariate and VAR models seem to suggest that there are no connections (causal relationship, feedbacks, contemporaneous cyclical movements, common stochastic trends) between these two time series. In this sense, we could correctly refer to the Italian black sector as an “independent economy”.

Suggested Citation

  • Maurizio Bovi, 2004. "Underground Shocks Ground Zero Responses," Public Economics 0408003, EconWPA.
  • Handle: RePEc:wpa:wuwppe:0408003 Note: Type of Document - pdf
    as

    Download full text from publisher

    File URL: http://econwpa.repec.org/eps/pe/papers/0408/0408003.pdf
    Download Restriction: no

    References listed on IDEAS

    as
    1. Panayotou, Theodore & Sachs, Jeffrey D. & Zwane, Alix Peterson, 2002. "Compensation for "Meaningful Participation" in Climate Change Control: A Modest Proposal and Empirical Analysis," Journal of Environmental Economics and Management, Elsevier, vol. 43(3), pages 437-454, May.
    2. James Konow, 2003. "Which Is the Fairest One of All? A Positive Analysis of Justice Theories," Journal of Economic Literature, American Economic Association, vol. 41(4), pages 1188-1239, December.
    3. Lasse Ringius & Asbjørn Torvanger & Arild Underdal, 2002. "Burden Sharing and Fairness Principles in International Climate Policy," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 2(1), pages 1-22, March.
    4. Arnsperger, Christian, 1994. " Envy-Freeness and Distributive Justice," Journal of Economic Surveys, Wiley Blackwell, vol. 8(2), pages 155-186, June.
    5. Asbjørn Torvanger & Lasse Ringius, 2002. "Criteria for Evaluation of Burden-sharing Rules in International Climate Policy," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 2(3), pages 221-235, September.
    6. Varian, Hal R., 1976. "Two problems in the theory of fairness," Journal of Public Economics, Elsevier, vol. 5(3-4), pages 249-260.
    7. Helm, Carsten & Simonis, Udo E., 2000. "Distributive justice in international environmental policy - theoretical foundation and exemplary formulation," Discussion Papers, Research Professorship Environmental Policy FS II 00-404, Social Science Research Center Berlin (WZB).
    8. Alkan, Ahmet & Demange, Gabrielle & Gale, David, 1991. "Fair Allocation of Indivisible Goods and Criteria of Justice," Econometrica, Econometric Society, vol. 59(4), pages 1023-1039, July.
    9. Francesco Bosello & Barbara Buchner & Carlo Carraro, 2003. "Equity, Development, and Climate Change Control," Journal of the European Economic Association, MIT Press, vol. 1(2-3), pages 601-611, 04/05.
    10. Cooper, Richard N, 2000. "International Approaches to Global Climate Change," World Bank Research Observer, World Bank Group, vol. 15(2), pages 145-172, August.
    11. Neumayer, Eric, 2000. "In defence of historical accountability for greenhouse gas emissions," Ecological Economics, Elsevier, vol. 33(2), pages 185-192, May.
    12. Adam Rose & Brandt Stevens & Jae Edmonds & Marshall Wise, 1998. "International Equity and Differentiation in Global Warming Policy," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 12(1), pages 25-51, July.
    13. Böhringer, Christoph & Helm, Carsten, 2001. "Fair division with general equilibrium effects and international climate politics," ZEW Discussion Papers 01-67, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
    14. Carsten Helm & Udo E. Simonis, 2001. "Distributive Justice in International Environmental Policy: Axiomatic Foundation and Exemplary Formulation," Environmental Values, White Horse Press, vol. 10(1), pages 5-18, February.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Underground economy; VAR models;

    JEL classification:

    • C53 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Forecasting and Prediction Models; Simulation Methods
    • H26 - Public Economics - - Taxation, Subsidies, and Revenue - - - Tax Evasion and Avoidance

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wpa:wuwppe:0408003. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (EconWPA). General contact details of provider: http://econwpa.repec.org .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.