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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
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While the effects of corruption on bilateral trade have been relatively well explored, its effect on the composition of … trading partners has not been studied. In this paper, we argue that corruption in a country is likely to impose asymmetric … costs on its trading partners depending on their characteristics. As a result, as the level of corruption in a country …
Persistent link: https://www.econbiz.de/10012271035
Potential economic benefits of integrity and anti-corruption policies seem large. Nevertheless, much of the existing … paper reviews OECD’s involvement in integrity and anti-corruption agenda as well as available indicators of integrity and … anti-corruption policies and outcomes. It outlines avenues for future analysis that include assessment of public …
Persistent link: https://www.econbiz.de/10012304412
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
, corruption and income inequality are detrimental to social cohesion. …
Persistent link: https://www.econbiz.de/10013469757
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