Gnangnon, Sèna Kimm - In: Economies : open access journal 10 (2022) 12, pp. 1-33
The present analysis assessed the effect of Aid-for-Trade (AfT) flows on the shadow economy using an unbalanced panel dataset of 106 countries over the period of 2002 to 2015. The empirical results obtained by means of the two-step system generalized method of moments showed that higher AfT...