corruption, inequality and shadow economies are considerably large. We use Panel Least Square and Fixed Effects Models for Asia …A number of recent studies for Latin America show that as the size of the informal economy grows, corruption is less … to find that both Corruption Perception Index and ICRG index are sensitive to a number of important macroeconomic …

, business regulations, corruption, and to a lesser extent, infrastructure bottlenecks in explaining patterns of job creation at … growth of all firms, particularly micro and small firms. On the other hand, corruption and poor access to infrastructure …

entrepreneur. We focus on the size of the government, on freedom from corruption, and on 'market freedom' defined as a cluster of … extent of corruption. A cluster of institutional indicators representing 'market freedom' is only significant in some … specifications. Freedom from corruption is significantly related to entrepreneurial entry, especially when the richest countries are …

We develop entrepreneurship and institutional theory to explain variation in different types of entrepreneurship across … corruption, weaker property rights and especially intellectual property rights, and a larger state on entrepreneurs who plan to …

This paper analyzes the influence of the shadow economy on corruption and vice versa. We hypothesize that corruption … hypotheses are tested for a cross-section of 120 countries and a panel of 70 countries for the period 1994-2002. Our results show … that the shadow economy reduces corruption in high income countries, but increases corruption in low income countries. We …

The relationship between corruption and the shadow economy is not clear. Theoretically, they either substitute or … two latent variables - extracts information on various dimensions of corruption and the shadow economy to contribute to … corruption. The results show that the shadow economy influences corruption more than corruption influences the shadow economy. …

We address the impact of corruption in a developing economy in the context of an empirically relevant hold-up problem …

This paper compares various forecasts using panel data with spatial error correlation. The true data generating process … rather than homogeneous panel data models. …

Since little is known about the degree of bias in estimated fixed effects in panel data models, we run Monte Carlo …