This paper analyses how governance or institutional quality and tax morale affect the shadow economy, using an … factors to understand the level and changes of shadow economy. However, the limited number of investigations use cross … support that its increase leads to a smaller shadow economy. Moreover, an increase in tax morale reduces the size of the …

This paper analyses how tax morale and countries' institutional quality affect the shadow economy, controlling in a … factors to understand the size and development of the shadow economy. Relatively new data sources that have become available … support for the assertion that a higher tax morale and a higher institutional quality lead to a smaller shadow economy …

economy reduces corruption in high income countries, but increases corruption in low income countries. Finally, the various …Estimations of the size and development of the shadow economy for 145 countries, including developing, transition and … highly developed OECD economies over the period 1999 to 2003 are presented. The average size of the shadow economy (as a …