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Exploring legal and political-institutional determinants of the informal economy of Pakistan

Hayat, Rizwana; Rashid, Abdul - In: Cogent economics & finance 8 (2020) 1, pp. 1-18

In this paper, the size of the informal economy of Pakistan is determined by including the legal and political …-institutional variables as determinants. By using the MIMIC model average estimate for the informal economy of Pakistan is 37.75 percent from … formation process can be more effective in developing countries like Pakistan with consideration of the most relevant …

Persistent link: https://www.econbiz.de/10012482843

The impact of inequality on the informal economy in Latin America and the Caribbean with a MIMIC model

Takanohashi, Marcos; Ribeiro, Marcel; Schneider, Friedrich - 2023

Vast literature is available covering main Informal Economy (IE) causes and consequences for Latin America and Caribbean (LAC), but its size estimation has been mainly limited to worldwide models applied to the region. This paper proposes a MIMIC Base Model using a data set composed by 41...

Persistent link: https://www.econbiz.de/10014285538

The nexus between unemployment rate and shadow economy : a comparative analysis of developed and developing countries using a simultaneous-equation model

Sahnoun, Marwa; Abdennadher, Chokri - 2019

This paper studies the effects and causal links between the shadow economy and the unemployment rate using a dynamic simultaneous-equation panel data model for 38 developing and 40 developed countries over the 2000−2015 period. The analysis suggests that there is a unidirectional and negative...

Persistent link: https://www.econbiz.de/10011998826

How to define and measure informal employment in developed countries? : a case of Poland

Nikulin, Dagmara - 2016

The main aim of this article is to point out the possible measures of how to improve the study of informal employment in developed countries. We choose the case of Poland to examine whether the existing definitions and measurement methods are suitable for indicating the prevalence of informal...

Persistent link: https://www.econbiz.de/10011802281

Explaining and tackling the shadow economy in Estonia, Latvia and Lithuania : a tax morale approach

Williams, Colin C.; Horodnic, Ioana Alexandra - In: Baltic journal of economics 15 (2015) 2, pp. 81-98

To explain the shadow economy in the Baltic states of Estonia, Lithuania and Latvia, this paper evaluates the relationship between the shadow economy and tax morale. Viewing tax morale as a measure of the symmetry between the codified laws and regulations of formal institutions (state morality)...

Persistent link: https://www.econbiz.de/10011890851

Estimating the size of informal economy in a post-transition country : the case of Poland

Cichocki, Stanisław; Torój, Andrzej - In: Baltic journal of economics 23 (2023) 1, pp. 91-116

The size of the informal economy in Poland is estimated by means of the Currency Demand Approach (CDA). Using quarterly data for the period 1999–2019, we adopt two separate econometric approaches. First, we specify a single equation model to estimate it with the Fully-Modified OLS method....

Persistent link: https://www.econbiz.de/10014319814

Tackling the Undeclared Economy in Croatia

Baric, Marijana; Williams, Colin C. - In: South-Eastern Europe Journal of Economics 11 (2013) 1, pp. 7-36

To evaluate how undeclared work is being tackled in Croatia this paper reports an e-survey and in-depth interviews with key stakeholders in Croatia. It is revealed that, compared with the European Economic Area countries, Croatia has a weak institutional infrastructure for tackling undeclared...

Persistent link: https://www.econbiz.de/10011165247

Economic growth and poverty : does formalisation of informal enterprises matter?

Ishengoma, Esther; Kappel, Robert - 2006

The informal sector (IS) plays a significant role in developing countries viz. the provision of employment, income and supplying ignored markets. However, working and employment conditions within the sector are still poor. Its expansion and changing structures have thus drawn the attention of...

Persistent link: https://www.econbiz.de/10008905233

Tax collection, the informal sector, and productivity

Leal-Ordoñez, Julio C. - 2013

Some authors argue that informality is associated with distorted firm decisions and inefficiency. In this paper, I assess the quantitative effect of incomplete tax enforcement on aggregate output and productivity using a dynamic general equilibrium framework. I calibrate the model using data for...

Persistent link: https://www.econbiz.de/10010228311

Evaluating the Impact of the Informal Economy on Businesses in South East Europe : Some Lessons from the 2009 World Bank Enterprise Survey

Hudson, John - 2015

The aim of this paper is to evaluate the variable impacts of the informal economy on businesses and employment relations in South East Europe. Evidence is reported from the 2009 World Bank Enterprise Survey which interviewed 4,720 businesses located in South East Europe. The finding is not only...

Persistent link: https://www.econbiz.de/10013009948

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