Does taking the shadow economy into account matter when measuring aggregate efficiency?

被引:12
|
作者
Meon, Pierre-Guillaume [1 ,2 ]
Schneider, Friedrich [3 ]
Weill, Laurent [4 ]
机构
[1] Univ Libre Bruxelles, DULBEA, B-1050 Brussels, Belgium
[2] Ctr Emile Bernheim, B-1050 Brussels, Belgium
[3] Johannes Kepler Univ Linz, Dept Econ, A-4040 Linz, Austria
[4] Univ Robert Schuman, Inst Etudes Polit, F-67082 Strasbourg, France
关键词
CAUSALITY;
D O I
10.1080/00036840903166210
中图分类号
F [经济];
学科分类号
02 ;
摘要
We analyse how adding the shadow economy to official output figures affects the estimated technical efficiency at the country level. We find that this not only slightly affects the ranking of efficiency scores, but also increases average efficiency in a sample of 87-97 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.
引用
收藏
页码:2303 / 2311
页数:9
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