Nonlinearity Between the Shadow Economy and Level of Development is popular PDF and ePub book, written by Dong Frank Wu in 2019-03-01, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Nonlinearity Between the Shadow Economy and Level of Development can be Read Online from any device for your convenience.
Nonlinearity Between the Shadow Economy and Level of Development Book PDF Summary
This paper is the first attempt to directly explore the long-run nonlinear relationship between the shadow economy and level of development. Using a dataset of 158 countries over the period from 1996 to 2015, our results reveal a robust U-shaped relationship between the shadow economy size and GDP per capita. Our results imply that the shadow economy tends to increase when economic development surpasses a given threshold or at least does not disappear. Our findings suggest that special attention should be given to the country’s level of development when designing policies to tackle issues related to the shadow economy.
Detail Book of Nonlinearity Between the Shadow Economy and Level of Development PDF
- Author : Dong Frank Wu
- Release : 01 March 2019
- Publisher : International Monetary Fund
- ISBN : 9781498301930
- Genre : Business & Economics
- Total Page : 29 pages
- Language : English
- PDF File Size : 11,9 Mb
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