Measuring True Sales and Underreporting with Matched Firm-Level Survey and Tax-Office Data

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collection.link.5
https://openknowledge.worldbank.org/handle/10986/9
collection.name.5
Policy Research Working Papers
dc.contributor.author
Zhou, Fujin
dc.contributor.author
Oostendorp, Remco
dc.date.accessioned
2012-03-19T18:01:42Z
dc.date.available
2012-03-19T18:01:42Z
dc.date.issued
2011-04-01
dc.date.lastModified
2021-04-23T14:02:09Z
dc.description.abstract
This paper uses firm-level survey data matched with official tax records to estimate the unobserved true sales of formal firms in Mongolia. Taking into account firm-level incentives to comply with taxes and a production function technology linking unobserved true sales with observable firm-level production characteristics, the authors derive a multiple-indicators, multiple-causes model predicting unobserved true sales. Comparing predicted true sales with sales reported to the tax office, the analysis finds that 38.6 percent of firm-level sales are underreported. It also finds evidence that firm-level survey data suffer from significant underreporting. Finally, the paper compares this approach with two alternative approaches to measuring underreporting by firms.
en
dc.identifier
http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20110406084954
dc.identifier.uri
http://hdl.handle.net/10986/3394
dc.language
English
dc.relation.ispartofseries
Policy Research working paper ; no. WPS 5628
dc.rights
CC BY 3.0 IGO
dc.rights.holder
World Bank
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo/
dc.subject
AGENCY COSTS
dc.subject
BANK CREDIT
dc.subject
BANK LOANS
dc.subject
BANK POLICY
dc.subject
BOND
dc.subject
BOOK VALUES
dc.subject
BUDGET CONSTRAINT
dc.subject
BUSINESS ENVIRONMENT
dc.subject
CAPITAL RETURN
dc.subject
CAPITAL STOCKS
dc.subject
CENTRAL PLANNING
dc.subject
COMPETITIVENESS
dc.subject
CORPORATE INCOME TAX
dc.subject
CORPORATE PROFIT
dc.subject
CORPORATE PROFIT TAX
dc.subject
CORPORATE TAX
dc.subject
COST OF CAPITAL
dc.subject
CREDIT CONSTRAINT
dc.subject
CREDIT CONSTRAINTS
dc.subject
DEVELOPING COUNTRIES
dc.subject
DEVELOPING COUNTRY
dc.subject
DEVELOPMENT ECONOMICS
dc.subject
DEVELOPMENT POLICY
dc.subject
DUMMY VARIABLE
dc.subject
DUMMY VARIABLES
dc.subject
ECONOMETRIC MODELING
dc.subject
ECONOMETRICS
dc.subject
ECONOMIC DEVELOPMENT
dc.subject
ECONOMIC RENTS
dc.subject
ECONOMIC RESEARCH
dc.subject
ECONOMIC THEORY
dc.subject
ECONOMICS
dc.subject
ELASTICITY
dc.subject
EMPLOYMENT
dc.subject
ENTERPRISE DEVELOPMENT
dc.subject
ENTERPRISE PERFORMANCE
dc.subject
EQUATIONS
dc.subject
EQUIPMENT
dc.subject
EQUIPMENTS
dc.subject
EXPENDITURE
dc.subject
FINANCIAL INSTITUTION
dc.subject
FINANCIAL STATEMENTS
dc.subject
FIRM PERFORMANCE
dc.subject
FIRM SIZE
dc.subject
FIRM SIZES
dc.subject
FIRMS
dc.subject
FREE BOND
dc.subject
GDP
dc.subject
GDP PER CAPITA
dc.subject
GIFTS
dc.subject
HOLDING
dc.subject
INCOME GROUPS
dc.subject
INCOMES
dc.subject
INDIVIDUAL FIRMS
dc.subject
INEFFICIENCY
dc.subject
INSTRUMENT
dc.subject
INTERNAL CONTROL
dc.subject
INTERNATIONAL BANK
dc.subject
INTERNATIONAL DEVELOPMENT
dc.subject
INVENTORY
dc.subject
INVESTMENT CLIMATE
dc.subject
JUDICIAL SYSTEMS
dc.subject
LABOR MARKET
dc.subject
LEGAL SYSTEMS
dc.subject
LOAN
dc.subject
MANUFACTURING ENTERPRISES
dc.subject
MARGINAL COST
dc.subject
MARGINAL TAX RATES
dc.subject
MARKET ECONOMY
dc.subject
MAXIMUM LIKELIHOOD ESTIMATION
dc.subject
MICRODATA
dc.subject
MIDDLE INCOME COUNTRIES
dc.subject
OUTPUT
dc.subject
OUTPUTS
dc.subject
OWNERSHIP STRUCTURE
dc.subject
PAYROLL TAX
dc.subject
PAYROLL TAXES
dc.subject
PRODUCTION FUNCTION
dc.subject
PRODUCTIVITY
dc.subject
PRODUCTIVITY GROWTH
dc.subject
PROFIT MAXIMIZATION
dc.subject
PUBLIC POLICY
dc.subject
REGRESSION ANALYSIS
dc.subject
REINVESTMENT
dc.subject
SMALL FIRMS
dc.subject
SOCIAL SECURITY TAX
dc.subject
TAX
dc.subject
TAX ADMINISTRATION
dc.subject
TAX AUDITING
dc.subject
TAX AUDITS
dc.subject
TAX COMPLIANCE
dc.subject
TAX DEDUCTIBLE
dc.subject
TAX ENFORCEMENT
dc.subject
TAX EVASION
dc.subject
TAX RATE
dc.subject
TAX REPORTING
dc.subject
TAX REPORTS
dc.subject
TAXABLE INCOME
dc.subject
TOTAL FACTOR PRODUCTIVITY
dc.subject
TRANSITION ECONOMY
dc.subject
UNDERESTIMATES
dc.subject
VALUE OF OUTPUT
dc.subject
WAGES
dc.subject
WEALTH
dc.title
Measuring True Sales and Underreporting with Matched Firm-Level Survey and Tax-Office Data
en
okr.date.disclosure
2011-04-01
okr.doctype
Publications & Research :: Policy Research Working Paper
okr.docurl
http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20110406084954
okr.googlescholar.linkpresent
yes
okr.identifier.doi
10.1596/1813-9450-5628
okr.identifier.externaldocumentum
000158349_20110406084954
okr.identifier.internaldocumentum
14016025
okr.identifier.report
WPS5628
okr.language.supported
en
okr.pdfurl
http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2011/04/06/000158349_20110406084954/Rendered/PDF/WPS5628.pdf
en
okr.region.administrative
The World Region
okr.region.administrative
The World Region
okr.unit
Development Research Group (DECRG)
okr.volume
1 of 1

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