Kodila-Tedika, Oasis; Mutascu, Mihai - In: Economics Bulletin 34 (2014) 1, pp. 469-479
The paper explores the effects of shadow economy on tax revenues, in the case of several African countries, based on a … a significant and negative impact on change in tax revenues. In other word, when the shadow economy tends to extend, the … level of tax revenues decreases. These outputs show that the African governments, in order to maximise the collected tax …