Measuring the Informal Economy in Latin America and the Caribbean / / Guillermo Javier Vuletin

• Record Nr.: UNINA9910818880703321
• Autore: Vuletin Guillermo Javier
• Pubbl/distr/stampa: Washington, D.C. : , : International Monetary Fund, , 2008
• ISBN: 1-4623-0131-2; 9786612840579; 1-4518-6963-0; 1-282-84057-6; 1-4519-8931-8
• Edizione: [1st ed.]
• Descrizione fisica: 1 online resource (31 p.)
• Collana: IMF Working Papers; IMF working paper ; ; WP/08/102
• Disciplina: 330
• Soggetti: Taxation - Econometric models - Taxation - Latin America; Taxation - Econometric models - Taxation - Caribbean Area; Informal sector (Economics) - Latin America - Econometric models; Agribusiness; Agricultural economics; Agricultural industries; Agricultural sector; Agriculture: General; Currencies; Economics of specific sectors; Economics; Economics: General; Government and the Monetary System; Income economics; Informal Economy; Informal economy; Informal sector; Labor economics; Labor Economics: General; Labor; Labour; Macroeconomics; Monetary economics; Monetary Systems; Money and Monetary Policy; Money; Payment Systems; Public finance & taxation; Regimes; Standards; Tax administration and procedure; Tax incidence; Taxation; Taxation, Subsidies, and Revenue: General; Underground Econom; Trinidad and Tobago
• Lingua di pubblicazione: Inglese
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Note generali: Description based upon print version of record.
• Nota di bibliografia: Includes bibliographical references.
• Nota di contenuto: Contents; I. Introduction; II. Methods for Measuring the Size of the Informal Economy; III. Data; A. Cause Variables; B. Indicator Variables; IV. Empirical Results; A. Preliminary Evidence; B. MIMIC Estimation Results; C. Estimation of the Size of the Informal Economy; D. Relative Contribution of Each Cause Variable to the Size of the Informal Economy; V. Concluding Remarks; References; Appendix; Data Construction and Sources; Figures; 1. MIMIC Estimation Results, Model 1; 2. MIMIC Estimation Results, Model 2; 3. MIMIC Estimation Results, Model 3; 4. Estimated Size of the Informal Economy; 5. Caribbean: Contribution of Each Cause Variable to the Size of the Informal Economy Tables; 1. Size of the Informal Economy and VAT Tax Evasion; 2. Correlations Between Cause and Indicator Variables; 3. Estimated Size of Informal Economy: Standardized and Absolute Values; 4. Caribbean: Estimated Absolute Size of the Informal Economy Under Alternative Model Specifications; 5. Relative Contribution of Each Causal Variable to the Size of the Informal Economy
• Sommario/riassunto: This paper estimates the size of the informal economy for 32 mainly Latin American and Caribbean countries in the early 2000s. Using a structural equation modeling approach, we find that a stringent tax system and regulatory environment, higher inflation, and dominance of the agriculture sector are key factors in determining the size of the informal economy. The results also confirm that a higher degree of informality reduces labor unionization, the number of contributors to social security schemes, and enrollment rates in education.