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
相关论文
共 48 条
  • [11] Fiscal policy and shadow economy in Asian developing countries: does corruption matter?
    Cong Minh Huynh
    Tan Loi Nguyen
    Empirical Economics, 2020, 59 : 1745 - 1761
  • [12] Fiscal decentralization and income inequality in OECD countries: does shadow economy matter?
    Huynh, Cong Minh
    Nguyen, Tan Loi
    Lam, Thi Huong Tra
    EURASIAN ECONOMIC REVIEW, 2023, 13 (3-4) : 515 - 533
  • [13] Fiscal decentralization and income inequality in OECD countries: does shadow economy matter?
    Cong Minh Huynh
    Tan Loi Nguyen
    Thi Huong Tra Lam
    Eurasian Economic Review, 2023, 13 : 515 - 533
  • [14] Does national intellectual capital matter for shadow economy in the Southeast Asian countries?
    Pham-Khanh Tran, Toan
    Phuc Van Nguyen
    Quyen Le-Hoang-Thuy-To Nguyen
    Ngoc Phu Tran
    Duc Hong Vo
    PLOS ONE, 2022, 17 (05):
  • [15] Fiscal policy and shadow economy in Asian developing countries: does corruption matter?
    Huynh, Cong Minh
    Nguyen, Tan Loi
    EMPIRICAL ECONOMICS, 2020, 59 (04) : 1745 - 1761
  • [16] Asymmetric nexus between shadow economy and financial instability: Does institutional quality matter?
    Faisal, Faisal
    Ramakrishnan, Suresh
    Rahman, Sami Ur
    Ali, Adnan
    Sulimany, Hamid Ghazi H.
    QUARTERLY REVIEW OF ECONOMICS AND FINANCE, 2024, 98
  • [17] Nonlinear effects of public debt on inflation. Does the size of the shadow economy matter?
    Dumitrescu, Bogdan Andrei
    Kagitci, Meral
    Cepoi, Cosmin-Octavian
    FINANCE RESEARCH LETTERS, 2022, 46
  • [18] The difficulty of taking household production into account when measuring inequality and poverty: Conceptual and empirical problems
    Verger, Daniel
    REVUE D ETUDES COMPARATIVES EST-OUEST, 2006, 37 (02): : 81 - +
  • [19] Measuring cohabitation: Does how, when, and who you ask matter?
    Knab, Jean Tansey
    McLanahan, Sara
    Handbook of Measurement Issues in Family Research, 2007, : 19 - 33
  • [20] Does upstream regulation matter when measuring the efficiency impact of information technology? Evidence across EU and US industries
    Papaioannou, Sotiris K.
    Dimelis, Sophia P.
    INFORMATION ECONOMICS AND POLICY, 2017, 41 : 67 - 80