This paper presents estimates of the size of the shadow economy in 76 developing, transition, and OECD countries, which … of the different estimation methods. We find that the growth of the shadow economy—which is now remarkably large in the … extent of state regulatory activities. Rising corruption also has a clearly positive impact on the growth of the shadow …

This paper is the first attempt to directly explore the long-run nonlinear relationship between the shadow economy and …-shaped relationship between the shadow economy size and GDP per capita. Our results imply that the shadow economy tends to increase when … should be given to the country's level of development when designing policies to tackle issues related to the shadow economy …