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...
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| Main Authors: | , , |
|---|---|
| Format: | Book/Monograph Working Paper |
| Language: | English |
| Published: |
Zürich
KOF
2007
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| Series: | KOF working papers / Konjunkturforschungsstelle, Eidgenössische Technische Hochschule Zürich
179 |
| In: |
KOF working papers (179)
|
| DOI: | 10.3929/ethz-a-005503049 |
| Subjects: | |
| Online Access: | Verlag, kostenfrei, Volltext: http://e-collection.ethbib.ethz.ch/eserv/eth:29971/eth-29971-01.pdf Verlag, kostenfrei, Volltext: http://www.kof.ethz.ch/publications/science/pdf/wp_179.pdf Verlag, kostenfrei, Volltext: http://e-collection.ethbib.ethz.ch/view/eth:29971 Resolving-System, Volltext: http://hdl.handle.net/10419/50398 Resolving-System, Volltext: https://doi.org/10.3929/ethz-a-005503049 |
| Author Notes: | Axel Dreher, Pierre-Guillaume Méon and Friedrich Schneider |
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