The devil is in the shadow: do institutions affect income and productivity or only official income and official productivity?
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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| Hauptverfasser: | , , |
|---|---|
| Dokumenttyp: | Article (Journal) |
| Sprache: | Englisch |
| Veröffentlicht: |
2014
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| In: |
Public choice
Year: 2012, Jahrgang: 158, Pages: 121-141 |
| ISSN: | 1573-7101 |
| DOI: | 10.1007/s11127-012-9954-8 |
| Online-Zugang: | Verlag, lizenzpflichtig, Volltext: https://doi.org/10.1007/s11127-012-9954-8
|
| Verfasserangaben: | 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?
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