Estimación cuantitativa de la economía sumergida en España

Ignacio Mauleón () and Jordi Sardà ()

EKONOMIAZ. Revista vasca de Economía, 1997, vol. 39, issue 03, 124-135

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.

Keywords: Economía sumergida; demanda de efectivo; presión fiscal (search for similar items in EconPapers)
JEL-codes: E26 H20 H26 O17 (search for similar items in EconPapers)
Date: 1997
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