Corruption and informality are issues which have attracted a great amount of empirical research, since they are …. In this context, the objective of this investigation is to assess the impacts of corruption and informality on economic …. Subsequently, a simulation analysis is conducted to quantify the impacts of increases in corruption and informality on growth and …

This paper examines the relationship between corruption and public debt in 106 countries. Results suggest that … corruption leads to an increase in public debt. We also investigate if the effect of corruption on pblic debt is increased by … government expenditure, the shadow economy and military expenditure. We find that the effect of corruption on public debt is …

The article investigates the causes, essence, and peculiarities of corruption and the shadow economy, as well as how … between levels of corruption and the shadow economy in all Central and Eastern European countries. However, the degree to … which corruption impacts the variation in the levels of the shadow economy differs significantly in countries across the …

Why are some nations more effective at battling corruption than others? Are there different determinants in the fight … against corruption across developing nations? How do wealth effects play-out when existing corruption-control levels matter in … the corruption battle? To investigate these concerns we examine the determinants of corruption-control throughout the …

corruption. We argue that an anticipated oil boom may increase corruption by boosting the value attributed by an elite to being …-designed household surveys on perceived corruption in the public services/sector. These were carried out in São Tomé and Príncipe and in … corruption has occurred in São Tomé and Príncipe in recent years, ranging from 21 to 38% of the subjective scale. Consistently …

economy. Furthermore, the results show that the shadow economy reduces corruption in high income countries, but increases … corruption in low income countries. Finally, the various estimation methods are discussed and critically evaluated …

The paper develops a theoretical model showing a mutual relationship between corruption and capital account … restrictions. According to the model, higher corruption induces stricter restrictions and vice versa. We test the model using panel … data for 112 countries over the period 1984-2002 and find that corruption and restrictions are indeed mutually determined …

The paper highlights the interaction between the underground economy and corruption, focusing on the regional …

A number of recent studies for Latin America show that as the size of the informal economy grows, corruption is less … corruption, inequality and shadow economies are considerably large. We use Panel Least Square and Fixed Effects Models for Asia … to find that both 'Corruption Perception Index' and 'ICRG' index are sensitive to a number of important macroeconomic …

The relationship between corruption and the shadow economy is not clear. Theoretically, they either substitute or … with two latent variables - extracts information on various dimensions of corruption and the shadow economy to contribute … and corruption. The results show that the shadow economy influences corruption more than corruption influences the shadow …