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A Complex Approach to Estimate Shadow Economy: The Structural Equation Modelling

  • Roberto Dell’Anno
  • Friedrich Schneider
Part of the New Economic Windows book series (NEW)

Abstract

This article develops some ideas of the application of the “complexity” approach in economics. The complexity approach criticizes the scientific method by distrusting sample reductionism and proposes a multidisciplinary approach. Hence, it abolishes old paradigms by arguing to build up another one with the endowment of greater realism. We argue that one should promote the sharing of knowledge and/or methodologies among disciplines and, for economics, limiting the “autistic” (or autarchy) process, which is critically discussed in economics already. Remembering (1936, p. viii) words, the problem for economics seems to be not so much to develop new ideas but to have the difficulties of “escaping from old ideas” and from “habitual modes of thought and expression”.

Keywords

Latent Variable Structural Equation Modelling Shadow Economy European Economic Review Underground Economy 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer-Verlag Italia 2009

Authors and Affiliations

  • Roberto Dell’Anno
    • 1
  • Friedrich Schneider
    • 2
  1. 1.Dipartimento di Economia, Matematica e StatisticaUniversità di FoggiaItaly
  2. 2.Department of EconomicsJohannes Kepler University LinzAustria

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