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
-
1466-4283
- Umfang
-
Seite(n): 2303-2311
- Sprache
-
Englisch
- Anmerkungen
-
Status: Postprint; begutachtet (peer reviewed)
- Erschienen in
-
Applied Economics
- Thema
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Wirtschaft
Volkswirtschaftstheorie
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Méon, Pierre-Guillaume
Schneider, Friedrich
Weill, Laurent
- Ereignis
-
Veröffentlichung
- (wann)
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2010
- DOI
- URN
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urn:nbn:de:0168-ssoar-242799
- Rechteinformation
-
GESIS - Leibniz-Institut für Sozialwissenschaften. Bibliothek Köln
- Letzte Aktualisierung
-
21.06.2024, 16:27 MESZ
Datenpartner
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GESIS - Leibniz-Institut für Sozialwissenschaften. Bibliothek Köln. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Zeitschriftenartikel
Beteiligte
- Méon, Pierre-Guillaume
- Schneider, Friedrich
- Weill, Laurent
Entstanden
- 2010
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