Impact of education on the shadow economy: Institutions matter

Using panel data for more than 80 countries from 1999-2007 this paper studies the marginal effect of education on the shadow economy, particularly considering the quality of institutions. The results show that higher levels of education fuel the shadow economy in an environment of weak political institutions.

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Year of publication:	2013-08-14
Authors:	Buehn, Andreas ; Farzanegan, Mohammad Reza
Published in:	Economics Bulletin. - AccessEcon, ISSN 1545-2921. - Vol. 33.2013, 3, p. 2052-2063
Publisher:	AccessEcon
Subject:	Education \| Shadow economy \| Institutions

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Extent:	application/pdf
Type of publication:	Article
Classification:	I2 - Education ; O1 - Economic Development
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010836002