Does globalisation affect the shadow economy?

被引:48
作者
Berdiev, Aziz N. [1 ]
Saunoris, James W. [2 ]
机构
[1] Bryant Univ, Dept Econ, Smithfield, RI 02917 USA
[2] Eastern Michigan Univ, Dept Econ, Ypsilanti, MI 48197 USA
关键词
INFORMAL SECTOR; EMPIRICAL-EVIDENCE; CORRUPTION; DIFFUSION; EDUCATION;
D O I
10.1111/twec.12549
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
We investigate the impact of globalisation on the shadow economy using panel data for 119 countries. Our evidence suggests that globalisation matters in mitigating shadow development. More specifically, we find that political globalisation reduces the shadow economy, whereas economic and social globalisations have limited statistical support after controlling for important factors that affect the size of the shadow economy. Overall, these results are robust after accounting for an alternative measure of the shadow economy, outliers, endogeneity and alternative model specifications. © 2017 John Wiley & Sons Ltd
引用
收藏
页码:222 / 241
页数:20
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