Determinants of the Informal Economy in MENA Economies

Using data from a panel of 23 Middle East and North African (MENA) economies over the years between 1999-2015, this paper examines the determinants of the shadow economy in this region. Specifically, we reexamine the economic and social variables used in the cross-country empirical literature on the...

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Bibliographic Details
Published in:Eskisehir Osmangazi Üniversitesi sosyal bilimler dergisi 2018-06, Vol.19 (1), p.39-52
Main Authors: Ateşağaoğlu, Orhan Erem, Elgin, Ceyhun, Öztunali, Oğuz
Format: Article
Language:English
Subjects:
Economic growth
Employment
GDP
Gross Domestic Product
Informal economy
Johnson, Simon
Tanzi, Vito
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Summary:Using data from a panel of 23 Middle East and North African (MENA) economies over the years between 1999-2015, this paper examines the determinants of the shadow economy in this region. Specifically, we reexamine the economic and social variables used in the cross-country empirical literature on the shadow economy and compare them with those of the MENA economies to identify similarities and differences between MENA countries and the rest of the world. Moreover, we discuss key implications of the shadow economy in this setting.
ISSN:1302-9703
DOI:10.17494/ogusbd.456944