This paper is a first attempt to estimate the size and development of the shadow economy of 158 countries over the … size of the shadow economy of these 158 countries over 1991-2015 is 32.5% of official GDP, which was 34.82% in 1991 and … decreased to 30.66% in 2015. The lowest size of the shadow economy East Asian countries with 16.77% averaged over the period …

Using the MIMIC method, this paper is a first attempt to estimate the size of the shadow economy of 158 countries over … proxy for the size of the economy. Results suggest that the average size of the shadow economy of these 158 countries over …