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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
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 discussed and critically evaluated …
Persistent link: https://www.econbiz.de/10014048988
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
economy reduces corruption in high-income countries, but increases corruption in low income countries. Finally, the various …
Persistent link: https://www.econbiz.de/10013317397
economy reduces corruption in high income countries, but increases corruption in low income countries. Finally, the various …
Persistent link: https://www.econbiz.de/10013317424
, 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
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
. Second, the use of cash in crime, here especially in corruption, is also econometrically investigated. The influence is …
Persistent link: https://www.econbiz.de/10011697962
. Second, the use of cash in crime, here especially in corruption, is also econometrically investigated. The influence is …
Persistent link: https://www.econbiz.de/10011731027