La economía subterránea, el ciclo económico y la corrupción en Colombia. Una estimación de alta frecuencia con ecuaciones estructurales
Fecha
2021-03-31Registro en:
Ronderos , N. & Cotte , A. (2021).La economía subterránea, el ciclo económico y la corrupción en Colombia. Una estimación de alta frecuencia con ecuaciones estructurales. Repositorio - Universidad Santo Tomás
Autor
Ronderos Pulido, Nicolás
Cotte Poveda, Alexander
Institución
Resumen
In times of increased government regulation, many individuals distort the notion of the size of the Colombian economy by actively participating in the underground economy. Therefore, policy makers cannot make the best decisions with partial information on the state of the economy. This work seeks to identify the relationship between the underground economy, the economic cycle and corruption in Colombia. The underground economy incorporates i) unregistered legal activities, ii) tax evasion and iii) illegal activities. These types of occupations can interact with the performance of the registered economy, alter its growth and the well-being of the population. The high-frequency estimation of the underground economy allows policy makers to make optimal decisions. In this paper, a new methodology is proposed to estimate the value of the Colombian underground economy.