The nonobserved economy in the European Union

• Tipo: Artigo em Revista Científica Internacional
• Data: 2017-02-01

Autores

Óscar Afonso (Autor) FEP; Francisco Almeida (Autor) Outra

Revista

Título: Applied Economics Letters

Vol. 24

Páginas: 14-18

ISSN: 1350-4851

Editora: Taylor & Francis

Indexação

ISI Web of Knowledge - 1 Citação

ISI Web of Science

Econlit

Classificação Científica

CORDIS: Ciências Sociais > Economia

FOS: Ciências sociais > Economia e gestão

Outras Informações

ID Authenticus: P-00M-605

DOI: 10.1080/13504851.2016.1158908

Abstract (EN): To better understand the share of the nonobserved economy (NOE) in the European Union, especially on the PIIGS, we estimate, through the multiple indicators multiple causes model, the path between 1980 and 2013. The model includes (i) the tax burden (disaggregated into direct and indirect taxes), a proxy of regulation burden, the unemployment rate and self-employment as causes of the NOE economy; (ii) the GDP and the labour force participation ratio as indicators of the NOE economy. In particular, the estimated weight of NOE as a percentage of official GDP was always higher in the PIIGS group.

Idioma: Inglês

Tipo (Avaliação Docente): Científica

Nº de páginas: 5