The Underground Economy : Estimation, and Economic and Policy Implications; The Case of Pakistan /

This paper estimates the size of the underground economy in Pakistan and analyzes its impact on Government fiscal position and the allocation of economic resources in the national economy. The results suggest that there is a mutual dependency between the size of the underground economy and fiscal de...

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Autor principal: Shabsigh, Ghiath
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 1995.
Col·lecció:IMF Working Papers; Working Paper ; No. 1995/101
Accés en línia:Full text available on IMF
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245 1 4 |a The Underground Economy :   |b Estimation, and Economic and Policy Implications; The Case of Pakistan /  |c Ghiath Shabsigh. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 1995. 
300 |a 1 online resource (23 pages) 
490 1 |a IMF Working Papers 
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500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
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520 3 |a This paper estimates the size of the underground economy in Pakistan and analyzes its impact on Government fiscal position and the allocation of economic resources in the national economy. The results suggest that there is a mutual dependency between the size of the underground economy and fiscal deficits, and show a leakage from the national income-expenditure cycle in the formal economy to the underground economy via private investments. Finally, the paper proposes long- and short-run policies to reduce the size of the underground economy. 
538 |a Mode of access: Internet 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 1995/101 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/1995/101/001.1995.issue-101-en.xml  |z IMF e-Library