Arbeitspapier

Shadow Economies around the World: New Results for 158 Countries over 1991-2015

Using the MIMIC method, this paper is a first attempt to estimate the size of the shadow economy of 158 countries over the period 1991 up to 2015. In addition to performing a variety of robustness tests, this paper explicitly addresses endogeneity concerns to the use of GDP as cause and indicator, by using the light intensity approach as an indicator variable as proxy for the size of the economy. Results suggest that the average size of the shadow economy of these 158 countries over 1991-2015 is 32.5% of official GDP, which was 34.82% in 1991 and decreased to 30.66% in 2015.

Sprache
Englisch

Erschienen in
Series: CESifo Working Paper ; No. 6430

Klassifikation
Wirtschaft
Multiple or Simultaneous Equation Models; Multiple Variables: Other
Model Construction and Estimation
Methodology for Collecting, Estimating, and Organizing Macroeconomic Data; Data Access
Structure, Scope, and Performance of Government
Tax Evasion and Avoidance
Thema
shadow economies of 158 countries
MIMIC estimations
the light intensity approach
tax burden
regulation
trade openness
corruption

Ereignis
Geistige Schöpfung
(wer)
Medina, Leandro
Schneider, Friedrich
Ereignis
Veröffentlichung
(wer)
Center for Economic Studies and ifo Institute (CESifo)
(wo)
Munich
(wann)
2017

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Medina, Leandro
  • Schneider, Friedrich
  • Center for Economic Studies and ifo Institute (CESifo)

Entstanden

  • 2017

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