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This paper is a first attempt to estimate the size and development of the shadow economy of 158 countries over the period 1991 up to 2015. Using the Multiple Indicators, Multiple Causes (MIMIC) method we apply for the first time (i) the light intensity approach instead of GDP avoiding the...
Persistent link: https://www.econbiz.de/10011697985
Using the MIMIC method, this paper is a first attempt to estimate the size of the shadow economy of 158 countries over the period 1991 up to 2015. In addition to performing a variety of robustness tests, this paper explicitly addresses endogeneity concerns to the use of GDP as cause and...
Persistent link: https://www.econbiz.de/10011646238
regulations are the driving forces of the shadow economy. Furthermore, the results show that the shadow economy reduces corruption … in high income countries, but increases corruption in low income countries. Finally, the various estimation methods are …
Persistent link: https://www.econbiz.de/10013132156
extent of state regulatory activities. Rising corruption also has a clearly positive impact on the growth of the shadow …
Persistent link: https://www.econbiz.de/10012782922
, a growing shadow economy has a negative effect on official GDP growth, and a positive impact of corruption on the size …
Persistent link: https://www.econbiz.de/10013320940
This paper empirically investigates the relationship between corruption and the emigration of those with high, medium … and low levels of educational attainment. The empirical results indicate that as corruption increases the emigration rate … levels of educational attainment, however, increases at initial levels of corruption and then decreases beyond a certain …
Persistent link: https://www.econbiz.de/10010341207
This paper examines the relationship between corruption and public debt in 106 countries. Results suggest that … corruption leads to an increase in public debt. We also investigate if the effect of corruption on pblic debt is increased by … government expenditure, the shadow economy and military expenditure. We find that the effect of corruption on public debt is …
Persistent link: https://www.econbiz.de/10010208991
Knowing whether corruption leads to higher emigration rates - and among which groups - is important because most labor … emigration is from developing to developed countries. If corruption leads highly-skilled and highlyeducated workers to leave … unemployment, lowering the returns to human capital and encouraging further emigration. Corruption also shifts public spending from …
Persistent link: https://www.econbiz.de/10011433619
This paper analyses how tax morale and countries’ institutional quality affect the shadow economy, controlling in a multivariate analysis for a variety of potential factors. The literature strongly emphasizes the quantitative importance of these factors to understand the level and changes of...
Persistent link: https://www.econbiz.de/10010294508
This paper analyses how governance or institutional quality and tax morale affect the shadow economy, using an international country panel and also within country data. The literature strongly emphasizes the quantitative importance of these factors to understand the level and changes of shadow...
Persistent link: https://www.econbiz.de/10010294548