What Causes Firms to Hide Output? : The Determinants of Informality /

In many developing countries, a significant part of economic activity takes place in the informal sector. Earlier work has examined the determinants of the size of the informal sector, focusing separately on factors such as tax and regulation burden, financial market development, and the quality of...

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Detaylı Bibliyografya
Yazar: Inchauste, Gabriela
Diğer Yazarlar: Dabla-Norris, Era, Gradstein, Mark
Materyal Türü: Dergi
Dil:English
Baskı/Yayın Bilgisi: Washington, D.C. : International Monetary Fund, 2005.
Seri Bilgileri:IMF Working Papers; Working Paper ; No. 2005/160
Online Erişim:Full text available on IMF
Diğer Bilgiler
Özet:In many developing countries, a significant part of economic activity takes place in the informal sector. Earlier work has examined the determinants of the size of the informal sector, focusing separately on factors such as tax and regulation burden, financial market development, and the quality of the legal system. We revisit this issue by using an integrated dataset which contains rich information on all these aspects. Testing the channels affecting the degree of informality, we find evidence that all previously identified factors indeed play a role in driving informality. In particular, and consistent with the suggested theoretical model, we find support for the significance of the quality of the legal system.
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Fiziksel Özellikler:1 online resource (33 pages)
Materyal Türü:Mode of access: Internet
ISSN:1018-5941
Erişim:Electronic access restricted to authorized BRAC University faculty, staff and students