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Shadow Economy

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Encyclopedia of Law and Economics

Abstract

In this paper the main focus lies on the shadow economy. The most influential factors on the shadow economy are tax policies and state regulation. The size of the shadow economy was decreasing over 1999 to 2007 from 34.0% to 31.2% for 161 countries (unweighted average).

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Correspondence to Friedrich Schneider .

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Schneider, F. (2019). Shadow Economy. In: Marciano, A., Ramello, G.B. (eds) Encyclopedia of Law and Economics. Springer, New York, NY. https://doi.org/10.1007/978-1-4614-7753-2_574

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