All Rights Reserved
AccessEcon LLC 2006, 2008.
Powered by MinhViet JSC
ralph lauren polo

 
Koji KANAO and Shigeyuki HAMORI
 
''The size of the underground economy in Japan ''
( 2010, Vol. 30 No.1 )
 
 
This paper empirically analyzes the size of the underground economy in Japan. The results show that (i) the size of the underground GDP peaked in the early 1990s but has been declining since; (ii) the underground economy reached its peak in around 1992, approximating 25% of nominal GDP; and (iii) two laws (the Act for the Prevention of Wrongful Acts by Members of Organized Crime Groups and the Act Regulating the Adult Entertainment Business, etc.) successfully worked to reduce the size of the underground economy.
 
 
Keywords: underground economy; Japan
JEL: E6 - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General
 
Manuscript Received : Mar 23 2010 Manuscript Accepted : Mar 29 2010

  This abstract has been downloaded 375 times                The Full PDF of this paper has been downloaded 87742 times