Nikopour, Hesam; Shah Habibullah, Muzafar; Schneider, … - Volkswirtschaftliche Fakultät, … - 2009
The present paper investigates the link between the shadow economy and FDI using the Granger panel causality test. For that purpose we use the shadow economy and FDI data for 145 countries of five data points 1999/2000, 2001/2002, 2002/2003, 2003/2004 and 2004/2005. The system GMM estimation...