economies. The framework developed predicts a negative relationship between the degree of direct democracy and the size of the … quantitatively important; the results are robust and also depend on the interaction of direct democracy with other political …

This paper investigates the relationship between institutionalized democracy and the shadow economy in both the long …-regressive distributed lag method to investigate this relationship. How democracy affects the shadow economy in less developed countries like … institutionalized democracy are negatively correlated in both the short- and long-run. This implies that improvement in …