Tafenau, Egle; Herwartz, Helmut; Schneider, Friedrich - In: International Economic Journal 24 (2010) 4, pp. 629-636
The aim of the paper is to estimate the extent of the shadow economy in the regions of the European Union. For this purpose the multiple-indicators multiple-causes approach combined with elements of spatial econometrics is implemented. The analysis shows that the shadow economy is most extensive...