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The ambiguous phenomenon of corruption has long been the cause of great theoretical debate in economics. By using … Structural Equation Modelling, with the two types of corruption as a latent variable, this paper employs causal and indicative … variables specific to the Latin American region to test for rent seeking and systemic corruption in the period between 1980 …
Persistent link: https://www.econbiz.de/10012605890
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. Using a large annual panel of African countries with a time series of 25 years, ours results show that when the corruption … rate is above (below) a threshold of 1.3577, economic growth reduces (increases) informal economic sector. The corruption … proxy is measured as a decreasing function of corruption such that higher levels of the corruption proxy translate lower …
Persistent link: https://www.econbiz.de/10012817802
. Using a large annual panel of African countries with a time series of 25 years, ours results show that when the corruption … rate is above (below) a threshold of 1.3577, economic growth reduces (increases) informal economic sector. The corruption … proxy is measured as a decreasing function of corruption such that higher levels of the corruption proxy translate lower …
Persistent link: https://www.econbiz.de/10013296573
Persistent link: https://www.econbiz.de/10003377261
economy reduces corruption in high-income countries, but increases corruption in low income countries. Finally, the various …
Persistent link: https://www.econbiz.de/10003387578
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
Persistent link: https://www.econbiz.de/10012002932
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
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