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http://dspace.mediu.edu.my:8181/xmlui/handle/10419/17932| Title: | Shadow economies and corruption all over the world: what do we really know? |
| Keywords: | O17 O5 H2 H11 D78 H26 ddc:330 shadow economy of 145 countries tax burden tax moral quality of state institutions regulation DYMIMIC and other estimation methods |
| Issue Date: | 16-Oct-2013 |
| Publisher: | Kiel Institute for the World Economy (IfW) Kiel |
| Description: | Estimations of the shadow economies for 145 countries, including developing, transition and highly developed OECD economies over 1999 to 2003 are presented. The average size of the shadow economy (as a percent of "official" GDP) in 2002/03 in 96 developing countries is 38.7%, in 28 transition countries 40.1% and in 21 OECD countries 16.3%. An increased burden of taxation and social security contributions, combined with a labour market regulation are the driving forces of the shadow economy. 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. |
| URI: | http://koha.mediu.edu.my:8181/xmlui/handle/10419/17932 |
| Other Identifiers: | http://hdl.handle.net/10419/17932 ppn:558069401 RePEc:zbw:ifwedp:5523 |
| Appears in Collections: | EconStor |
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