Format:
1 Online-Ressource (circa 30 Seiten)
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Illustrationen
ISBN:
9781484399613
Series Statement:
IMF working paper WP/19, 48
Content:
This paper is the first attempt to directly explore the long-run nonlinear relationship between the shadow economy and level of development. Using a dataset of 158 countries over the period from 1996 to 2015, our results reveal a robust U-shaped relationship between the shadow economy size and GDP per capita. Our results imply that the shadow economy tends to increase when economic development surpasses a given threshold or at least does not disappear. Our findings suggest that special attention should be given to the country's level of development when designing policies to tackle issues related to the shadow economy
Additional Edition:
Erscheint auch als Druck-Ausgabe Frank Wu, Dong Nonlinearity Between the Shadow Economy and Level of Development Washington, D.C. : International Monetary Fund, 2019 ISBN 9781484399613
Language:
English
Keywords:
Graue Literatur
DOI:
10.5089/9781484399613.001
URL:
Volltext
(kostenfrei)
URL:
Volltext
(kostenfrei)
Author information:
Schneider, Friedrich 1949-
