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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
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
Persistent link: https://www.econbiz.de/10003377261
administration of tax and regulatory regimes--not higher tax rates alone--as well as corruption, that increases the size of the …
Persistent link: https://www.econbiz.de/10010524668
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extent of state regulatory activities. Rising corruption also has a clearly positive impact on the growth of the shadow …
Persistent link: https://www.econbiz.de/10012782922
findings, a growing shadow economy has a negative effect on official GDP growth, and a positive impact of corruption on the …
Persistent link: https://www.econbiz.de/10009781691
, a growing shadow economy has a negative effect on official GDP growth, and a positive impact of corruption on the size …
Persistent link: https://www.econbiz.de/10013320940
administration of tax and regulatory regimes--not higher tax rates alone--as well as corruption, that increases the size of the … firms experience a greater tax and regulatory burden, as well as more bribery and corruption. The unofficial economy is also … larger unofficial economy tend to grow more slowly. Thus, this framework suggests an additional channel whereby corruption …
Persistent link: https://www.econbiz.de/10014042648