The Shadow Economies of the Asia-Pacific

23 Pages Posted: 5 Nov 2005

See all articles by Christopher Bajada

Christopher Bajada

School of Finance and Economics, University of Technology, Sydney

Friedrich Schneider

Johannes Kepler University Linz - Department of Economics; CESifo (Center for Economic Studies and Ifo Institute for Economic Research); Institute for the Study of Labor (IZA)

Abstract

Despite continuous government attempts to increase taxpayer compliance, the shadow economy continues to offer a way for taxpayers to evade their taxpaying obligations. The consequences are clear: policy-makers have increasingly imperfect knowledge about the state of economic affairs as shadow economy activity expands. We provide the first known estimates of the shadow economy for 17 Asia-Pacific countries. We show that, not only have these activities grown over the last ten years, but countries with relatively thin taxpayer compliance initiatives experience the greatest shadow economy activity.

Suggested Citation

Bajada, Christopher and Schneider, Friedrich G., The Shadow Economies of the Asia-Pacific. Pacific Economic Review, Vol. 10, No. 3, pp. 379-401, October 2005, Available at SSRN: https://ssrn.com/abstract=817472

Christopher Bajada (Contact Author)

School of Finance and Economics, University of Technology, Sydney ( email )

PO Box 123
Broadway, New South Wales 2007
Australia

HOME PAGE: http://www.business.uts.edu.au/finance/

Friedrich G. Schneider

Johannes Kepler University Linz - Department of Economics ( email )

Altenbergerstrasse 69
A-4040 Linz, 4040
Austria
+43 732 2468 8210 (Phone)
+43 732 2468 8208 (Fax)

CESifo (Center for Economic Studies and Ifo Institute for Economic Research)

Poschinger Str. 5
Munich, DE-81679
Germany

HOME PAGE: http://www.CESifo.de

Institute for the Study of Labor (IZA)

P.O. Box 7240
Bonn, D-53072
Germany

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