Artikel
Decomposing the Grey Economy in Bulgaria: A General-Equilibrium Analysis
This paper attempts to assess the size of the grey economy, and provide a decomposition by evasion type. The modelling approach utilizes a standard micro- founded general-equilibrium setup, which is augmented with a revenue-extraction mechanism and a government sector. The model is calibrated to Bulgaria after the introduction of the currency board (1999-2018). A computational experiment performed within this setup estimates that on average, the size of total evasion is a bit more than one-fourth of output, an estimate which is in line with the figures provided in both Philip (2014) and the European Commission (2014). Two-thirds of the model- predicted evasion is a combined result of income- and social security evasion, while the rest is due to VAT evasion.
- Sprache
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Englisch
- Erschienen in
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Journal: Journal of Mathematical Economics and Finance ; ISSN: 2458-0813 ; Volume: 8 ; Year: 2022 ; Issue: 2 ; Pages: 7-23 ; Craiova, Romania: ASERS Publishing
- Klassifikation
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Wirtschaft
Computable and Other Applied General Equilibrium Models
- Thema
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tax evasion
general equilibrium
- Ereignis
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Geistige Schöpfung
- (wer)
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Vasilev, Aleksandar
- Ereignis
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Veröffentlichung
- (wer)
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ASERS Publishing
ZBW - Leibniz Information Centre for Economics
- (wo)
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Craiova, Romania
- (wann)
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2022
- DOI
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doi:10.14505/jmef.v8.2(15).01
- Handle
- Letzte Aktualisierung
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10.03.2025, 11:44 MEZ
Datenpartner
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Objekttyp
- Artikel
Beteiligte
- Vasilev, Aleksandar
- ASERS Publishing
- ZBW - Leibniz Information Centre for Economics
Entstanden
- 2022