Cultural advice

The Australian National University acknowledges, celebrates and pays our respects to the Ngunnawal and Ngambri people of the Canberra region and to all First Nations Australians on whose traditional lands we meet and work, and whose cultures are among the oldest continuing cultures in human history.

Aboriginal and Torres Strait Islander peoples are advised that ANU Library collections may include images, names, voices, and other representations of deceased persons.

Material in the collection may contain terms, language or views that reflect the period in which the item was created and may be considered inappropriate today.

Australia's Cash Economy: Are the Estimates Credible?

Simple item page
dc.contributor.authorBreusch, Trevor
dc.date.accessioned2015-12-10T22:14:12Z
dc.date.issued2005
dc.date.updated2015-12-09T08:05:15Z
dc.description.abstractThe method of 'excess sensitivity' of Bajada (1999, 2000, 2001) indicates a large underground economy in Australia, with estimates of unrecorded income approximately 15 per cent of official gross domestic product. These estimates concern policy-makers, especially those agencies responsible for national accounts, tax collection, economic stabilisation and law enforcement. We show that the method exhibits a severe form of non-robustness, in which the results change markedly with a simple change in the units of measurement of the variables. There is a separate problem in which a key parameter is set to an unrealistic value that makes the estimates many times too high.
dc.identifier.issn0013-0249
dc.identifier.urihttp://hdl.handle.net/1885/50180
dc.publisherBlackwell Publishing Ltd
dc.sourceThe Economic Record
dc.subjectKeywords: econometrics; economic geography; estimation method; Gross Domestic Product; income; national economy; sensitivity analysis; Australasia; Australia
dc.titleAustralia's Cash Economy: Are the Estimates Credible?
dc.typeJournal article
local.bibliographicCitation.issue255
local.bibliographicCitation.lastpage403
local.bibliographicCitation.startpage394
local.contributor.affiliationBreusch, Trevor, College of Business and Economics, ANU
local.contributor.authoruidBreusch, Trevor, u8600328
local.description.embargo2037-12-31
local.description.notesImported from ARIES
local.description.refereedYes
local.identifier.absfor140215 - Public Economics- Taxation and Revenue
local.identifier.ariespublicationMigratedxPub199
local.identifier.citationvolume81
local.identifier.doi10.1111/j.1475-4932.2005.00277.x
local.identifier.scopusID2-s2.0-33745278564
local.type.statusPublished Version

Downloads

Original bundle

Now showing 1 - 1 of 1
Thumbnail Image
Name:
01_Breusch_Australia's_Cash_Economy:_Are_2005.pdf
Size:
137.45 KB
Format:
Adobe Portable Document Format
Download

Collections

ANU Research Publications

DSpace software copyright © 2002-2026 LYRASIS