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- W2371898052 abstract "Using the related data from 1979 to 2009 of China,this paper investigates the size and effects of the underground economy in China.A Multiple Indicators and Multiple Causes Model(MIMIC) based on the structural theory has been applied.The model takes the size of the underground economy as latent variable.It includes the tax burden,crime rate,the unemployment quota,government regulation,inflation and residents' disposable income as causes of the underground economy,and the cash-deposit ratio,self-employment participation ratio as indicators of the underground economy.The empirical results shows: The size of the underground economy grows at high speed,it only accounts for 0.78% of official GDP in 1979,and the number increases to 19.93% in 2009;The underground economy has positive effect on the official economy,and the size of the underground economy Granger causes income inequality." @default.
- W2371898052 created "2016-06-24" @default.
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- W2371898052 date "2012-01-01" @default.
- W2371898052 modified "2023-09-24" @default.
- W2371898052 title "Study on the Size and Effects of the Underground Economy in China:1979-2009" @default.
- W2371898052 hasPublicationYear "2012" @default.
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