Estimates of the black economy based on consumer demand approaches

Economic Journal

Volumn 114, Issue 497, 2004, Pages 622-640

  Lyssiotou, Panayiota ^a   Pashardes, Panos ^a   Stengos, Thanasis ^b  

^a UNIVERSITY OF CYPRUS   (Cyprus)

^b UNIVERSITY OF GUELPH   (Canada)

Author keywords

[No Author keywords available]

Indexed keywords

BLACK MARKET; CONSUMPTION BEHAVIOR; DEMAND ANALYSIS; ESTIMATION METHOD; HOUSEHOLD INCOME; NATIONAL ECONOMY;

EURASIA; EUROPE; UNITED KINGDOM; WESTERN EUROPE;

EID: 3242881570     PISSN: 00130133     EISSN: None     Source Type: Journal    
DOI: 10.1111/j.1468-0297.2004.00234.x     Document Type: Article

References (43)

1. Allingham, M.G. and Sandmo, A. (1972). 'Income tax evasion: a theoretical analysis', Journal of Public Economics, vol. 1, pp. 323-38.
2. Banks, J., Blundell, R. and Lewbel, A. (1997). 'Quadratic Engel curves and consumer demand', Review of Economics and Statistics, vol. 4, pp. 527-39.
3. Bhattacharyya, D. (1990). 'An econometric method of estimating the "hidden" economy, United Kingdom (1960-1984): estimates and tests', ECONOMIC JOURNAL, vol. 100, pp. 703-17.
4. Bhattacharyya, D. (1999). 'On the economic rationale of estimating the hidden economy', ECONOMIC JOURNAL, vol. 109, pp. F348-59.
5. Blundell, R., Duncan, A. and Pendakur, K. (1998). 'Semiparametric estimation and consumer demand', Journal of Applied Econometrics, vol. 13, pp. 435-61.
6. Blundell, R., Pashardes, P. and Weber, G. (1993). 'What do we learn about consumer demand patterns from micro-data', American Economic Review, vol. 83, pp. 570-97.
7. Browning, M., Bourguignon, F., Chiappori, P.A. and Lechene, V. (1994). 'Incomes and outcomes: a structural model of intra household allocation', Journal of Political Economy, vol. 102 (6), pp. 1067-96.
8. Browning, M. and Meghir, C. (1991). 'The effects of male and female labour supply on commondity demands', Econometrica, vol. 59, pp. 925-51.
9. Cagan, P. (1958). 'The demand for currency relative to the total money supply', Journal of Political Economy, vol. 66, pp. 303-29.
10. Cowell, F. (1990). Cheating the Government, Cambridge, Massachusetts: The MIT Press.
11. Deaton, A. and Muellbauer, J. (1980). 'An almost ideal demand system', American Economic Review, vol. 70, pp. 312-26.
12. Dixon, H. (1999). 'Controversy: on the use of the hidden economy's estimates', ECONOMIC JOURNAL, vol. 109, pp. F335-7.
13. Enste, D. and Schneider, F. (1998). 'Increasing shadow economies all over the world - fiction or reality? A survey of the global evidence of their size and of their impact from 1970-1995', Discussion Paper no. 26: IZA.
14. Feige, E. (1979). 'How big is the irregular economy?', Challenge, vol. 22, pp. 5-13.
15. Feinstein, J. (1999). 'Approaches for estimating noncompliance: examples from federal taxation in the United States', ECONOMIC JOURNAL, vol. 109, pp. F360-9.
16. Frey, B. and Weck-Hannemann, H. (1984). 'The hidden economy as an unobserved variable', European Economic Review, vol. 26, pp. 33-53.
17. Giles, D. (1997). 'The hidden economy and the tax gap in New Zealand: a latent variable analysis', Discussion Paper 97-8, Department of Economics, University of Victoria.
18. Giles, D. (1999). 'Measuring the hidden economy: implications for econometric modelling', ECONOMIC JOURNAL, vol. 109, pp. F370-89.
19. Gorman, T. (1976). 'Tricks with utility functions', in (M. Artis and R. Nobay, eds.), Essays in Economic Analysis, Cambridge: Cambridge University Press.
20. Hürdle, W. and Marron, J. (1990). 'Semiparametric comparison of regression curves', Annals of Statistics, vol. 18, pp. 63-89.
21. Johnson, S., Kaufmann, D. and Shleifer, A. (1997). 'The unofficial economy in transition', Brookings Papers on Economic Activity. Fall, Washington D.C.
22. Keen, M. (1986). 'Zero expenditures and the estimation of Engel curves'. Journal of Applied Econometrics, vol. 1, pp. 277-86.
23. Lewbel, A. (1990). 'Full rank demand systems', International Economic Review, vol. 31, pp. 289-300.
24. Linton, O.B. and Nielsen, J.P. (1995). 'A kernel method of estimating structured non-parametric regression based on marginal integration', Biometrics, vol. 82, pp. 93-100.
25. Lundberg, S., Pollak, R.A. and Wales, T.J. (1997). 'Do husbands and wives pool their resources? Evidence from the U.K child benefit', Journal of Human Resources, vol. 32, pp. 463-80.
26. Lyssiotou, P., Pashardes, P. and Stengos, T. (1999a). 'Preference heterogeneity and the rank of demand systems', Journal of Business and Economic Statistics, vol. 17, pp. 248-52.
27. Lyssiotou, P., Pashardes, P. and Stengos, T. (1999b). 'Testing the rank of Engel curves with endogenous expenditure', Economics Letters, vol. 64, pp. 61-95.
28. Meghir, C. and Robin, J-M. (1992). 'Frequency of purchase and the estimation of demand systems', Journal of Econometrics, vol. 53(1-3), pp. 53-86.
29. Newey, W.K., Powell, J.L. and Vella, F. (1999). 'Nonparametric estimation of triangular simultaneous equations models', Econometrica, vol. 67, pp. 565-604.
30. Pendakur, K. (1999). 'Semiparametric estimates and tests of base-independence equivalence scales', Journal of Econometrics, vol. 88, pp. 1-40.
31. Phipps, S. and Burton, P. (1998). 'What's mine is yours? The influence of male and female incomes on patterns of household expenditure', Fconomica, vol. 65, pp. 599-613.
32. Pinkse, J. and Robinson, P. (1995). 'Pooling nonparametric estimates of regression functions with a similar shape', in (G. Maddala, P. Phillips and T. Srinivisan, eds.), Advances in Econometrics and Quantitative Economics: A Volume in Honor of C.R. Rao, pp. 172-95, Oxford: Blackwell.
33. Pinkse, J. (2000). 'Nonparametric two-step regression estimation when regressors and error are dependent', Canadian Journal of Statistics, vol. 28, pp. 289-300.
34. Pissarides, C. and Weber, G. (1989). 'An expenditure-based estimate of Britain's black economy', Journal of Public Economics, vol. 39, pp. 17-32.
35. Robinson, P. (1988). 'Root-N consistent semiparametric regression', Econometrica, vol. 56, pp. 931-54.
36. Schneider, F. (1997). 'Empirical results for the size of the shadow economy of Western European countries over time', Working Paper 9710, Linz University.
37. Schultz, T.P. (1990). 'Testing the neoclassical model of family labor supply and fertility', Journal of Human Resources, vol. 25, pp. 599-634.
38. Tanzi, V. (1983). 'The underground economy in the United States: annual estimates 1930-1980', IMF Staff Papers, vol. 30, pp. 283-305.
39. Tanzi, V. (1986). 'The underground economy in the United States, reply to comments by Feige, Thomas and Zilberfarh', IMF Staff Papers, vol. 33/4, pp. 799-81.
40. Tanzi, V. (1999). 'Uses and abuses of estimates of the underground economy', ECONOMIC JOURNAL, vol. 109, pp. F338-47.
41. Tanzi, V. and Schuknecht, L. (1997). 'Reconsidering the fiscal role of government: the international prospective', American Economic Review, vol. 87, pp. 164-8.
42. Thomas, D. (1990). 'Intra household resource allocation: an inferential approach', Journal of Human Resources, vol. 25, pp. 635-64.
43. Thomas, J. (1999). 'Quantifying the black economy: measurement without theory yet again', ECONOMIC JOURNAL, vol. 109, pp. F381-7.