This paper examines the role of shadow economy, tax enforcement and taxation, on the economic growth. These effects are studied by simulating a modified version of an endogenous growth model proposed by Loayza (1996). Econometric results and calibration are based on the Italian economy over the period 1982-2004. Empirical evidence confirms the theoretical model. We show that the relationships between shadow economy, direct tax burden and the growth rate of GDP are negative in the long run equilibrium.

Crescita Economica ed Economia Sommersa. Un approccio di simulazione e verifica empirica per l’Italia

DELL'ANNO, Roberto
2012

Abstract

This paper examines the role of shadow economy, tax enforcement and taxation, on the economic growth. These effects are studied by simulating a modified version of an endogenous growth model proposed by Loayza (1996). Econometric results and calibration are based on the Italian economy over the period 1982-2004. Empirical evidence confirms the theoretical model. We show that the relationships between shadow economy, direct tax burden and the growth rate of GDP are negative in the long run equilibrium.
File in questo prodotto:
Non ci sono file associati a questo prodotto.

I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.

Utilizza questo identificativo per citare o creare un link a questo documento: http://hdl.handle.net/11386/3877248
 Attenzione

Attenzione! I dati visualizzati non sono stati sottoposti a validazione da parte dell'ateneo

Citazioni
  • ???jsp.display-item.citation.pmc??? ND
  • Scopus ND
  • ???jsp.display-item.citation.isi??? ND
social impact