Dreher, Axel; Méon, Pierre-Guillaume; Schneider, Friedrich - 2007
are
associated with lower GDP per capita growth. Later studies, such as Hall and Jones (1999)
and Acemoglu et al. (2000 … option, as
Schneider and Enste (2000) argue. Even if the substitution from official to shadow production
would be imperfect … shadow economy is 34 percent in 1999/2000.
We added the shadow economy output to the official output figures, thereby …