González-Fernández, Marcos; González-Velasco, Carmen - In: Journal of Policy Modeling 36 (2014) 6, pp. 1101-1117
The aim of this paper is to study the relationship between the shadow economy and corruption as determinants of public … debt in the Spanish Autonomous Communities. In addition, we construct a Corruption Perception Index for those regions. Our … significant and positive impact on regional public debt. Corruption also shows a direct and significant relationship with public …