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Crescita economica ed economia sommersa. Un approccio di simulazione e verifica empirica per l’Italia

Author

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  • Roberto Dell’Anno

    (Università degli Studi di Foggia)

Abstract

This paper examines the role of shadow economy, tax enforcement and taxation, on 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 relationship between shadow economy, direct tax burden and the growth rate of GDP is negative in the long run equilibrium

Suggested Citation

  • Roberto Dell’Anno, 2012. "Crescita economica ed economia sommersa. Un approccio di simulazione e verifica empirica per l’Italia," Rivista di Politica Economica, SIPI Spa, issue 3, pages 193-227, July-Sept.
    • Handle: RePEc:rpo:ripoec:y:2012:i:3:p:193-227
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    More about this item

    Keywords

    shadow economy; economic growth; institutions; tax enforcement;
    All these keywords.

    JEL classification:

    • O17 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Formal and Informal Sectors; Shadow Economy; Institutional Arrangements
    • E26 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Informal Economy; Underground Economy
    • O43 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth

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