Determinants of Trade Misinvoicing |
| |
Authors: | Ila Patnaik Abhijit Sen Gupta Ajay Shah |
| |
Institution: | 1. National Institute of Public Finance and Policy, 18/2 Satsang Vihar Marg, New Delhi, 110067, India 2. Jawaharlal Nehru University, New Delhi, 110067, India
|
| |
Abstract: | Trade misinvoicing should be seen as an element of de facto capital account openness. Traditional explanations for trade misinvoicing??high custom duties and weak domestic economies??are less persuasive in a world of high growth emerging markets that have low trade barriers. We construct a 53-country data set over a 26?year span, covering both industrialized and developing countries, to study the phenomena of export and import misinvoicing. Capital account openness, differentials in interest rates, political stability, corruption, indebtedness and the exchange rate regime are identified as factors related to misinvoicing. |
| |
Keywords: | |
本文献已被 SpringerLink 等数据库收录! |
|