Paula Morales Bañuelos1, Francisco Guijarro Martínez2,

Luis Huerta García3, Ana María Bernardette Díaz Bonnet3

(1. Universidad Iberoamericana; 2. Polytechnic University of Valencia, Spain;

3. Instituto Tecnológico Autonomo de México (ITAM), México)

 

 

Abstract: The purpose of this paper is to determine which variables have the biggest impact in tax evasion, to quantify its econometric effects and to whether informality arises among the population of developing nations, particularly in the case of Mexico, due to a lack of civic culture. Likewise, the investigation undertaken uses the methodology of real options as a way to draw a theoretical model from this behaviour.

 

 

Key words: tax evasion; informal market; real options

 

JEL codes: G32, K42