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This paper provides a long-term view by studying the effect of the underground or shadow economy on economic growth in the Unites States over the period 1870 to 2014. Shadow activities might spur or retard economic growth depending on their interactions with the formal sector and impacts on the...
Persistent link: https://www.econbiz.de/10011641560
Religion is increasingly acknowledged to be a cultural dimension which affects economic outcomes in different regards …. This contribution focuses on religion’s possible impact on the shadow economy. Different dimensions of the religious … religions, religious competition or the proximity between religion and the state. The empirical test makes use of the largest …
Persistent link: https://www.econbiz.de/10009129748
Persistent link: https://www.econbiz.de/10011343446
Religion is increasingly acknowledged to be a cultural dimension which affects economic outcomes in different regards …. This contribution focuses on religion's possible impact on the shadow economy. Different dimensions of the religious … religions, religious competition or the proximity between religion and the state. The empirical test makes use of the largest …
Persistent link: https://www.econbiz.de/10013123778
Using various methods estimates about the size of the shadow economy in 76 developing, transition and OECD countries are presented. The average size of the shadow economy (in percent of GDP) over 1989-93 in developing countries is 39%, in transition countries 23% and in OECD countries 12%. An...
Persistent link: https://www.econbiz.de/10009781582
This paper is the first attempt to directly explore the long-run nonlinearity of the shadow economy. Using a dataset of 158 countries over the period from 1996 to 2015, our results reveal a robust U-shaped relationship between the shadow economy size and GDP per capita. Our results imply that...
Persistent link: https://www.econbiz.de/10012022432
This paper is the first attempt to directly explore the long-run nonlinear relationship between the shadow economy and level of development. Using a dataset of 158 countries over the period from 1996 to 2015, our results reveal a robust U-shaped relationship between the shadow economy size and...
Persistent link: https://www.econbiz.de/10012009455
Using various statistical procedures, estimates about the size of the shadow economy in 110 developing, transition and OECD countries are presented. The average size of the shadow economy (in percent of official GDP) over 1999-2000 in developing countries is 41 percent, in transition countries...
Persistent link: https://www.econbiz.de/10011402475
Using various statistical procedures, estimates about the size of the shadow economy in 110 developing, transition and OECD countries are presented. The average size of the shadow economy (in percent of official GDP) over 1999-2000 in developing countries is 41 percent, in transition countries...
Persistent link: https://www.econbiz.de/10002039255
Persistent link: https://www.econbiz.de/10001477608