Impact of Shadow Economy on Sustainable Development in Africa

被引:11
作者
Ajide, Folorunsho M. [1 ,6 ]
Dada, James T. [2 ]
Arnaut, Marina [3 ]
Al-Faryan, Mamdouh Abdulaziz Saleh [4 ,5 ]
机构
[1] Univ Ilorin, Dept Econ, Ilorin, Nigeria
[2] Obafemi Awolowo Univ, Dept Econ, Ife, Nigeria
[3] Univ Dubai, Dubai Business Sch, Dubai, U Arab Emirates
[4] Univ Portsmouth, Sch Accounting Econ & Finance, Fac Business & Law, Portsmouth, England
[5] Consultant Econ & Finance, Riyadh, Saudi Arabia
[6] Univ Ilorin, Fac Social Sci, Dept Econ, Ilorin, Nigeria
关键词
Shadow economy; sustainable development; panel quantile estimation; Africa; CRISIS MANAGEMENT; COMMUNICATION; DECENTRALIZATION; GOVERNMENT; GOVERNANCE; POLICY;
D O I
10.1080/01900692.2023.2207117
中图分类号
C93 [管理学]; D035 [国家行政管理]; D523 [行政管理]; D63 [国家行政管理];
学科分类号
12 ; 1201 ; 1202 ; 120202 ; 1204 ; 120401 ;
摘要
This study contributes to the sustainable development literature by investigating the impact of the shadow economy on sustainable development in a panel of 30 African countries over a period of 2000-2017. The study employs parametric and nonparametric panel estimation techniques. The novel moment panel quantile regression method is also used to produce robust outcomes across the distribution of the explained variable in the presence of location shifters, scale variants, endogeneity, and outliers. The results reveal that the shadow economy reduces sustainable development in Africa. The study concludes that conscious efforts are needed to ensure that the shadow economy issue is addressed to enjoy the benefits of sustainable development in the African region.
引用
收藏
页码:791 / 805
页数:15
相关论文
共 86 条
  • [1] Ajide Folorunsho Monsuru, 2022, International Journal of Economics and Business Research, V23, P156, DOI 10.1504/IJEBR.2022.120646
  • [2] Ajide F. M., 2022, International Journal of Development Issues, V21, P367, DOI [10.1108/IJDI-03-2022-0047, DOI 10.1108/IJDI-03-2022-0047]
  • [3] Ajide F. M., 2022, Int Soc Sci J, V72, P749, DOI [https://doi.org/10.1111/issj.12337, DOI 10.1111/ISSJ.12337, 10.1111/issj.12337]
  • [4] Economic Globalization, Entrepreneurship, and Inclusive Growth in Africa
    Ajide, Folorunsho M.
    Osinubi, Tolulope T.
    Dada, James T.
    [J]. JOURNAL OF ECONOMIC INTEGRATION, 2021, 36 (04) : 689 - 717
  • [5] Akinlo T., 2022, Qual. Quantity, V56, P4241, DOI [DOI 10.1007/S11135-021-01308-2, https://doi.org/10.1007/s11135-021-01308-2]
  • [6] Impact of the informal economy on the ecological footprint: The role of urban concentration and globalization
    Alvarado, Rafael
    Tillaguango, Brayan
    Murshed, Muntasir
    Ochoa-Moreno, Santiago
    Rehman, Abdul
    Isik, Cem
    Alvarado-Espejo, Johana
    [J]. ECONOMIC ANALYSIS AND POLICY, 2022, 75 : 750 - 767
  • [7] A competitive model of the informal sector
    Amaral, Pedro S.
    Quintin, Erwan
    [J]. JOURNAL OF MONETARY ECONOMICS, 2006, 53 (07) : 1541 - 1553
  • [8] Atamanov A., 2018, 5 WORLD BANK GROUP, P5
  • [9] Bailey D. H., 1966, EFFECTS CORRUPTION D
  • [10] Baklouti N., 2019, The Review of Black Political Economy, P1, DOI [10.1177/0034644619885349, DOI 10.1177/0034644619885349, https://doi.org/10.1177/0034644619885349]