The Shadow Economies: Steps toward Estimating Their Size in Asian Countries

Theodore Morgan

Asian Development Review (ADR), 1985, vol. 03, issue 02, 72-90

Abstract: When a tax is imposed, a regulation introduced, or welfare measures implemented, then an incentive structure is created also. People will consider, with the zeal that self-interest nurtures, how a tax or burdensome regulation can be avoided (legal) or evaded (illegal), or how gains from the welfare system maximized…

Date: 1985
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DOI: 10.1142/S0116110585000094

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