Understanding the Philippine underground economy
Date of Publication
2007
Document Type
Bachelor's Thesis
Degree Name
Bachelor of Science in Applied Economics
Subject Categories
Economics
College
Ramon V. Del Rosario College of Business
Department/Unit
Economics
Defense Panel Chair
Cesar C. Rufino
Defense Panel Member
Gerardo L. Largoza
Marissa C. Garcia
Abstract/Summary
This study estimates the size of the Philippine underground economy, in terms of the Gross Domestic Product, with the use of the currency demand method. An empirical model estimates the currency demand of the total Philippine economy was constructed through adapting the currency demand equation by Tanzi, and implementing it with the given Philippine data, covering the period from 1970 to 2005. The model was run using ordinary least squares regression to obtain the appropriate estimates, which ranged from 29.6 percent to 68.8 percent of the Philippine GDP. And with these underground economy estimates, the effects of different taxes on its size and trend were analyzed per political period. Moreover, the combinations of the variables were analyzed as to how they specifically influence the underground economy. Lastly, policy simulations were done to replicate the effects of the changes on the tax mix and tax burden.
Abstract Format
html
Language
English
Format
Accession Number
TU16714
Shelf Location
Archives, The Learning Commons, 12F, Henry Sy Sr. Hall
Keywords
Informal sector (Economics)--Philippines; Tax evasion--Philippines
Recommended Citation
Dadios, A. A., Flores, D. T., & Lim, B. E. (2007). Understanding the Philippine underground economy. Retrieved from https://animorepository.dlsu.edu.ph/etd_bachelors/10799
Embargo Period
2-3-2022
