Schneider, Friedrich; Enste, Dominik - 1999
findings, a growing shadow economy has a negative effect on official GDP growth, and a positive impact of corruption on the … criticized, estimates of the size of the shadow economy in 76 developing, transition and OECD-countries are presented. The … average size of a shadow economy varies from 12 percent of GDP for OECD, to 23 percent for transition and to 39 percent for …