Esaku, Stephen - In: Cogent economics & finance 9 (2021) 1, pp. 1-19
This paper examines the relationship between the shadow economy and trade openness in Uganda, using autoregressive … distributed lag bounds testing approach. We find that the shadow economy and trade openness have a long- and short … exposure to foreign trade significantly reduces the size of the shadow economy. This could imply that as countries become more …
