RT Journal Article
T1 The shadow economy in three Mediterranean countries: France, Spain and Greece. A MIMIC approach
T2 La economía sumergida en tres países mediterráneos: Francia, España y Portugal. Una aproximación mediante el método MIMIC
A1 Dell’Anno, Roberto
A1 Gómez De Antonio, Miguel
A1 Alañón Pardo, Ángel
AB This paper offers estimations of the evolution of the shadow economy in three Mediterranean countries, namely France, Spain and Greece. A multiple indicators and multiple causes model based on the latent variable structural theory has been applied. As established by Giles (Working paper on monitoring the health of the tax system, 1995), filtered data to solve the non-stationary problems are used. The model includes the tax burden (both as a whole and disaggregated into direct taxes, indirect taxes and social security contributions), a proxy of regulation burden, theu nemployment rate and self-employment as causes of the shadow economy and the GDP growth rate, the labour force participation ratio and the currency ratio as indicators of the underground economy. The results confirm that unemployment, the fiscal burden and self-employment are the main causes of the shadow economy in these countries, and confirm that an inverse relationship exists between the official GDP growth rate and that of the unofficial economy.
PB Springer
SN 0377-7332
YR 2007
FD 2007
LK https://hdl.handle.net/20.500.14352/52615
UL https://hdl.handle.net/20.500.14352/52615
LA spa
DS Docta Complutense
RD 20 abr 2025