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Shadow Economies And Corruption All Over The World: New Estimates For 145 Countries
Essay specific features
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Written by:
Mary S
Date added:
January 18, 2016
Level:
University
Grade:
B
No of pages / words:
68 / 18909
Was viewed:
7742 times
Rating of current essay:
Essay content:
The average size of the shadow
economy (as a percent of "official" GDP) in 2004/05 in 96 developing countries is 36.7%, in 25
transition countries 38.8% and in 21 OECD countries 14.8%. An increased burden of taxation and
social security contributions, combined with a labour market regulation are the driving forces of the
shadow economy...
displayed 300 characters
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Furthermore, the results show that the shadow economy reduces corruption in high
income countries, but increases corruption in low income countries. Finally, the various estimation
methods are discussed and critically evaluated.
JEL: O17, O5, D78, H2, H11, H26
Keywords: shadow economy of 145 countries, tax burden, tax moral, quality of state institutions,
regulation, DYMIMIC and other estimation methods
Correspondence:
Professor of Economics, Dr...
displayed 300 characters
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