Kodila-Tedika, Oasis; Mutascu, Mihai - Volkswirtschaftliche Fakultät, … - 2013
The paper explores the effects of shadow economy on tax revenues, in the case of several African countries, based on a … panel-model approach. The data-set covers the period 1999-2007. The main results reveal that the shadow economy has a … significant and negative impact on tax revenues. In other word, when the shadow economy tends to extend, the level of tax revenues …