Abstract
Using various statistical procedures, estimates about the size of the shadow economy in 110
developing, transition and OECD countries are presented. The average size of the shadow
economy (in percent of official GDP) over 1999-2000 in developing countries is 41%, in
transition countries 38% and in OECD countries 18.0%. An increasing burden of taxation and
social security contributions combined with rising state regulatory activities are the driving
forces for the growth and size of the shadow economy. If the shadow economy increases by
one percent the annual growth rate of the official GDP of a developing country (of a
industrialized and/or transition country) decreases by 0.6% (increases by 0.8 and 1.0
respectively).
| Original language | English |
|---|---|
| Publisher | Working Paper No. 0403 |
| Number of pages | 58 |
| Place of Publication | Department of Economics, Johannes Kepler University, Linz |
| Publication status | Published - Apr 2004 |
Fields of science
- 405002 Agricultural economics
- 502 Economics
- 502001 Labour market policy
- 502002 Labour economics
- 502003 Foreign trade
- 502009 Corporate finance
- 502010 Public finance
- 502012 Industrial management
- 502013 Industrial economics
- 502018 Macroeconomics
- 502020 Market research
- 502021 Microeconomics
- 502025 Econometrics
- 502027 Political economy
- 502039 Structural policy
- 502042 Environmental economics
- 502046 Economic policy
- 502047 Economic theory
- 504014 Gender studies
- 506004 European integration
- 507016 Regional economy
- 303010 Health economics
