 Participation in the Black Economy: TheoryDavid J. Pyle
Chapter 5 in Tax Evasion and the Black Economy, 1989, pp 86-110 from Palgrave Macmillan Abstract: Abstract Chapters 2–4 considered in detail the question ‘How large is the black economy?’ As we saw that is not an easy question to answer. Indeed, some people might argue quite legitimately that it is impossible to answer that question. This has not deterred some economists from trying to do so and they have developed a whole range of techniques aimed at revealing the extent of such concealed economic activity. These techniques, and some of the studies using them, were extensively reviewed in Chapters 2, 3 and 4. It is clear from that review that there are significant weaknesses with all the methods that have so far been devised. However, despite their imperfections these studies do constitute possibly the best evidence of the existence and growth of irregular economic activity. As Cowell (1985b) has claimed, ‘there is sufficient evidence to suggest that tax evasion is quantitatively a non-neglible problem in advanced Western-style economies’ (p. 163). Keywords: Utility Function; Labour Supply; Black Economy; Penalty Rate; Irregular Sector (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-08488-3_5 Ordering information: This item can be ordered from DOI: 10.1007/978-1-349-08488-3_5 Access Statistics for this chapter More chapters in Palgrave Macmillan Books from Palgrave Macmillan |
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