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The devil is in the shadow: do institutions affect income and productivity or only official income and official productivity?

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This paper assesses the relationship between institutions, output, and productivity when official output is corrected for the size of the shadow economy. Our results confirm the usual positive impact of institutional quality on official output and total factor productivity, and its negative impact o...

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Main Authors: Dreher, Axel (Author) , Méon, Pierre-Guillaume (Author) , Schneider, Friedrich (Author)
Format: Article (Journal)
Language:English
Published: 2014
In: Public choice
Year: 2012, Volume: 158, Pages: 121-141
ISSN:1573-7101
DOI:10.1007/s11127-012-9954-8
Online Access:Verlag, lizenzpflichtig, Volltext: https://doi.org/10.1007/s11127-012-9954-8
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Author Notes:Axel Dreher, Pierre-Guillaume Méon, Friedrich Schneider
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The devil is in the shadow: do institutions affect income and productivity or only official income and official productivity? by Dreher, Axel (Author) , Méon, Pierre-Guillaume (Author) , Schneider, Friedrich (Author) ,


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The devil is in the shadow: do institutions affect income and productivity or only official income and official productivity? by Dreher, Axel (Author) , Méon, Pierre-Guillaume (Author) , Schneider, Friedrich (Author) ,


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