Trade misreporting: exchange rate movements and tariff evasion by firms.
This study examines misreporting behaviour of firms engaged in international trade. Using detailed administrative data covering the universe of import transactions in Pakistan, we analyse how exchange rate movements interact with the incentive to under-invoice imports to evade tariffs. We use the sh...
| Publicado en: | Oxford Economic Papers Vol. 78; no. 3; pp. 665 - 687 |
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| Autores principales: | , |
| Formato: | Artículo |
| Publicado: |
Oxford University Press / USA
Jul2026
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=196419353&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 196419353 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00307653 OXE jtl: Oxford Economic Papers issn: 00307653 maglogo: N pubinfo: dt: Jul2026 vid: 78 iid: 3 pid: 622 pub: Oxford University Press / USA artinfo: ui: 196419353 10.1093/oep/gpag011 ppf: 665 ppct: 22 formats: tig: atl: Trade misreporting: exchange rate movements and tariff evasion by firms. aug: au: Liaqat, Zara Hussain, Karrar affil: Department of Economics, Lazaridis Hall 2019, Wilfrid Laurier University, 75 University Avenue West, Waterloo, ON N2L3C5, Canada Economics Department, American University in Bulgaria, 1 Georgi Izmirliev Sq, 2700 Blagoevgrad, Bulgaria su: Pakistan United Kingdom International trade Foreign exchange rates Taxpayer compliance Commercial statistics Invoices Brexit Referendum, 2016 sug: subj: International trade Pakistan United Kingdom International Trade Financing Foreign exchange rates Taxpayer compliance Commercial statistics Invoices Brexit Referendum, 2016 keyword: Brexit copyrightHolder:Oxford University Press copyrightYear:2026 exchange rate F1 F13 F14 H26 inLanguage:en misdeclaration publisher:Oxford University Press sameAs:https://dx.doi.org/10.1093/oep/gpag011 tax evasion transaction-level data Brexit copyrightHolder:Oxford University Press copyrightYear:2026 exchange rate F1 F13 F14 H26 inLanguage:en misdeclaration publisher:Oxford University Press sameAs:https://dx.doi.org/10.1093/oep/gpag011 tax evasion transaction-level data ab: This study examines misreporting behaviour of firms engaged in international trade. Using detailed administrative data covering the universe of import transactions in Pakistan, we analyse how exchange rate movements interact with the incentive to under-invoice imports to evade tariffs. We use the sharp depreciation of the British pound (GBP) following the unanticipated outcome of the Brexit referendum as a quasi-natural experiment and document a statistically significant decline in misreporting of imports sourced from the UK relative to other origins. An appreciation of the Pakistani rupee against the pound lowered the financial gain from under-invoicing UK imports, prompting firms to report more accurately, particularly for high-tariff products and GBP-denominated transactions. Our findings indicate that tariff evasion is the key underlying mechanism, and we offer policy implications for improving tax compliance and the reliability of official trade statistics. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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