Journal article | Zeitschriftenartikel
Does taking the shadow economy into account matter when measuring aggregate efficiency?
We analyze how adding the shadow economy to official output figures affects estimated technical efficiency at the country level. We find that this only slightly affects the ranking of efficiency scores, but increases average efficiency in a sample of 87 to 97 countries, both developed and developing. Our results are robust to the functional form of the production technology and the adjustment of labour to account for years of schooling.
- ISSN
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1466-4283
- Extent
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Seite(n): 2303-2311
- Language
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Englisch
- Notes
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Status: Postprint; begutachtet (peer reviewed)
- Bibliographic citation
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Applied Economics
- Subject
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Wirtschaft
Volkswirtschaftstheorie
- Event
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Geistige Schöpfung
- (who)
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Méon, Pierre-Guillaume
Schneider, Friedrich
Weill, Laurent
- Event
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Veröffentlichung
- (when)
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2010
- DOI
- URN
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urn:nbn:de:0168-ssoar-242799
- Rights
-
GESIS - Leibniz-Institut für Sozialwissenschaften. Bibliothek Köln
- Last update
-
21.06.2024, 4:27 PM CEST
Data provider
This object is provided by:
GESIS - Leibniz-Institut für Sozialwissenschaften. Bibliothek Köln. If you have any questions about the object, please contact the data provider.
GESIS - Leibniz-Institut für Sozialwissenschaften. Bibliothek Köln. If you have any questions about the object, please contact the data provider.
Object type
- Zeitschriftenartikel
Associated
- Méon, Pierre-Guillaume
- Schneider, Friedrich
- Weill, Laurent
Time of origin
- 2010
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Outside the State - the Shadow Economy and Shadow Economy Labor Force
The Shadow Economy and Shadow Labor Force: A Survey of Recent Developments
The shadow economy and shadow economy labor force: What do we (not) know?
The shadow economy and work in the shadow: What do we (not) know?
Work in the shadow: Some facts
The Development of the Shadow Economies and Shadow Labour Force of 21 OECD and 22 Transition Countries
The Shadow Economy and Tax Evasion: What Do We (Not) Know?
Shadow Economies of 145 Countries all over the World: What Do We Really Know?
In the shadow of the state: The informal economy and informal economy labor force
Size and Development of the Shadow Economy in Germany and Austria: Some preliminary findings