Nonlinearity between the shadow economy and level of development
"This paper is the first attempt to directly explore the long-run nonlinearity of the shadow economy. 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...
| Main Authors: | , |
|---|---|
| Institution: | ETUI-European Trade Union Institute |
| Format: | TEXT |
| Language: | English |
| Published: |
Bonn
2019
IZA |
| Subjects: | |
| Online Access: | https://www.labourline.org/KENTIKA-19308476124911266589-Nonlinearity-between-the-shado.htm |
