Resource title

The Size of the Shadow Economies of 145 Countries all over the World : First Results over the Period 1999 to 2003

Resource image

image for OpenScout resource :: The Size of the Shadow Economies of 145 Countries all over the World : First Results over the Period 1999 to 2003

Resource description

Using the DYMIMIC approach, estimates of the shadow economy in 145 developing, transition, developed OECD countries, South Pacific islands and still communist countries are presented. The average size of the shadow economy (in percent of official GDP) over 2002/2003 in developing countries is 39.1%, in transition countries 40.1%, in OECD countries 16.3%, South Pacific islands 33.4% and 4 remaining Communist countries 21.8%. An increasing burden of taxation, high unemployment and low official GDP growth are the driving forces of the shadow economy.

Resource author

Friedrich G. Schneider

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Resource publish date

Resource language

eng

Resource content type

text/html

Resource resource URL

http://hdl.handle.net/10419/20729

Resource license

Adapt according to the presented license agreement and reference the original author.