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The Dynamics of Currency Substitution, Asset Substitution and De facto Dollarization and Euroization in Transition Countrieses

Feige, Edgar L. - EconWPA - 2003

This paper presents new evidence on the dynamics of dollarization and euroization for twenty-five transition countries. Estimates of the amount of foreign currency in circulation (FCC) in transition countries are used to develop a new comprehensive dollarization index (CDI) and separate indices...

Persistent link: https://www.econbiz.de/10005076821

Why People Evade Taxes in the Czech and Slovak Republics: A Tale of Twins

Hanousek, Jan; Palda, Filip - EconWPA - 2002

The present paper uses a survey of 1062 Czechs and 524 Slovaks to ask why people evade taxes. We maintain that the Czech and Slovak Republics are “twins” separated at birth and that divergences between these countries since their separation in 1992 can explain divergences in their rates of...

Persistent link: https://www.econbiz.de/10005125889

The Evolution of Tax Evasion in the Czech Republic: A Markov Chain Analysis

Hanousek, Jan; Palda, Filip - EconWPA - 2002

We use a dataset of 1062 individuals from the Czech Republic to forecast the evolution of tax evasion in that country. We ask each respondent how intensely (never, sometimes, often) he evaded taxes in 1995, 1999, and 2000, to calculate probabilities the average individual will move between these...

Persistent link: https://www.econbiz.de/10005125924

UNDERGROUND ACTIVITY AND INSTITUTIONAL CHANGE: PRODUCTIVE, PROTECTIVE AND PREDATORY BEHAVIOR IN TRANSITION ECONOMIES

Feige, Edgar L. - EconWPA - 2003

This paper examines why some transitions are more successful than others by focusing attention on the role of productive, protective and predatory behaviors from the perspective of the new institutional economics. Many transition economies are characterized by a fundamental inconsistency between...

Persistent link: https://www.econbiz.de/10005062456

Estimating the Size and Growth of Unrecorded Economic Activity in Transition Countries: A Re-evaluation of Electric Consumption Method Estimates and their Implications

Feige, Edgar L.; Urban, Ivica - EconWPA - 2003

It is widely acknowledged that underground (unrecorded) economic activities play a major role in transition economies. Evaluations of the success and failure of the transition experience should therefore be based on total economic activity [TEA], namely, the sum of recorded and unrecorded...

Persistent link: https://www.econbiz.de/10005561275

International benchmarking of container stevedoring

Commission, Productivity - EconWPA - 2003

Productivity at Australian container terminals has improved significantly in absolute terms since 1997 according to … this international benchmarking study. For the sample of ship calls and terminals studied, productivity improved also in … relative terms. The productivity improvement at Australian terminals was generally greater than at overseas terminals between …

Persistent link: https://www.econbiz.de/10005556535