The shadow economy in Portugal: An analysis with the MIMIC approach

Dell´Anno, Roberto ()
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Dell´Anno, Roberto: Università degli Studi di Salerno, http://www.dise.unisa.it/
Authors registered in the RePEc Author Service: Roberto Dell'Anno ()

Journal of Applied Economics, 2007, vol. X, pages 253-277

Abstract: The paper estimates the Portuguese Shadow Economy (SE) from 1977 to 2004 and tests the statistical relationships between the SE and other economic variables. In order to carry out the econometric analysis, a multiple indicators multiple causes (MIMIC) model with means and intercepts is applied. The main causes of the Portuguese SE are analyzed and economic policies to reduce it are suggested. An appraisal on the reliability of estimates and an alternative benchmark strategy for the MIMIC approach are proposed.

Keywords: shadow economy; MIIMIC model; Portugal (search for similar items in EconPapers)
JEL-codes: O17 H10 H26 C39 (search for similar items in EconPapers)

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