Financial development and the shadow economy: A panel VAR analysis
AN Berdiev, JW Saunoris - Economic Modelling, 2016 - Elsevier
This paper examines the dynamic relationship between financial development and the
shadow economy using data for 161 countries over the period 1960–2009. Specifically, we …
shadow economy using data for 161 countries over the period 1960–2009. Specifically, we …
Testing three views about the determinants of informal economy: new evidence at global level and by country groups using the CS-ARDL approach
This paper investigates the heterogeneous, long, and short-run and causal relationship
between the size of the informal economy and three usual variables related to each of the …
between the size of the informal economy and three usual variables related to each of the …
On the relationship between income inequality and the shadow economy
AN Berdiev, JW Saunoris - Eastern Economic Journal, 2019 - Springer
We empirically investigate the linkages between income inequality and the shadow
economy. Employing a panel vector autoregression model, we build impulse response …
economy. Employing a panel vector autoregression model, we build impulse response …
Does infrastructure development matter for the shadow economy in African countries?
P Ningaye, I Ketu - International Review of Applied Economics, 2023 - Taylor & Francis
Understanding the determinants of the informal economy is a crucial issue in economic
development due to its far-reaching effects on development efforts. Previous studies focused …
development due to its far-reaching effects on development efforts. Previous studies focused …
Globalization and shadow economy: a panel analysis for Africa
Purpose The study's objective is to examine the relevance of globalization in affecting the
size of the shadow economy in selected African nations. Design/methodology/approach To …
size of the shadow economy in selected African nations. Design/methodology/approach To …
The long-and short-run relationship between the shadow economy and trade openness in Uganda
S Esaku - Cogent Economics & Finance, 2021 - Taylor & Francis
This paper examines the relationship between the shadow economy and trade openness in
Uganda, using autoregressive distributed lag bounds testing approach. We find that the …
Uganda, using autoregressive distributed lag bounds testing approach. We find that the …
Does financial development foster economic globalization in emerging economies? Time series evidence from China and India
This study explores the role of financial development in economic globalization for India and
China by controlling economic growth, institutional quality, inflation, government investment …
China by controlling economic growth, institutional quality, inflation, government investment …
The non-observed economy and economic growth: A meta-analysis
O Afonso, PC Neves, T Pinto - Economic Systems, 2020 - Elsevier
Academics, politicians, the public in general and researchers have great interest in the non-
observed economy. However, there is divergence in its definition, accounting methodology …
observed economy. However, there is divergence in its definition, accounting methodology …
Does trade openness affect economic growth in India? Evidence from threshold cointegration with asymmetric adjustment
This paper investigates the long-run equilibrium relationship between economic growth and
trade openness in India during the period 1960–2018 using the asymmetric error-correction …
trade openness in India during the period 1960–2018 using the asymmetric error-correction …
Does economic complexity reduce the size of the shadow economy in African countries?
Abstract Following the 2019 World Development Report which essentially advocates for the
provision of stable formal jobs for the poor and vulnerable, this paper contributes to the …
provision of stable formal jobs for the poor and vulnerable, this paper contributes to the …