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This paper assesses the relationship between institutions, output, and productivity, when official output is corrected for the size of the shadow economy. Our results confirm the usual positive impact of institutional quality on official output and total factor productivity, and its negative...
Persistent link: https://www.econbiz.de/10003762854
This paper assesses the relationship between institutions, output, and productivity, when official output is corrected for the size of the shadow economy. Our results confirm the usual positive impact of institutional quality on official output and total factor productivity, and its negative...
Persistent link: https://www.econbiz.de/10014222613
This paper assesses the relationship between institutions, output, and productivity, when official output is corrected for the size of the shadow economy. Our results confirm the usual positive impact of institutional quality on official output and total factor productivity, and its negative...
Persistent link: https://www.econbiz.de/10013316690
economy size and GDP per capita. Our results imply that the shadow economy tends to increase when economic development …
Persistent link: https://www.econbiz.de/10012022432
-shaped relationship between the shadow economy size and GDP per capita. Our results imply that the shadow economy tends to increase when …
Persistent link: https://www.econbiz.de/10012009455
official GDP) over 2002/2003 in developing countries is 39.1%, in transition countries 40.1%, in OECD countries 16.3%, South … official GDP growth are the driving forces of the shadow economy. …
Persistent link: https://www.econbiz.de/10002529379