Title: The Shadow Economy of Italy and other OECD Countries: What Do We Know?
Abstract:Various methods to estimate the size of the shadow economy are discussed and the results of the shadow economy of 21 OECD countries are presented. Then the specific case of Italy is investigated and t...Various methods to estimate the size of the shadow economy are discussed and the results of the shadow economy of 21 OECD countries are presented. Then the specific case of Italy is investigated and the aim of this section is to produce an estimate of the Italian shadow economy with the MIMIC (Multiple Indicators and Multiple Causes) method. The procedure to obtain the underground economy as a share of official GDP is presented. The paper ends with some general conclusions about the reliability of the model approach and the efficacy of economic policies to reduce the shadow economy.Read More
Publication Year: 2003
Publication Date: 2003-10-01
Language: en
Type: article
Indexed In: ['crossref']
Access and Citation
Cited By Count: 165
AI Researcher Chatbot
Get quick answers to your questions about the article from our AI researcher chatbot