The Structural Consequences of the Underground Economy The Case of Greece / Strukturelle Folgen der Schattenwirtschaft Der Fall Griechenlands

Gerasimos Soldatos

Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), 1995, vol. 214, issue 3, 302-323

Abstract: This paper presents through hypothesis testing extensive statistical evidence concerning the structural implications of the underground economy in post-war Greece. The underground economy is found to alter the structure of the supply-side of the economy, but the evidence with regard to the demand-side is mixed. The underground economy is also found to protect the structure of the supply-side from destabilizing influences, though the same can not be argued about the demand-side.

Date: 1995
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Persistent link: https://EconPapers.repec.org/RePEc:jns:jbstat:v:214:y:1995:i:3:p:302-323

DOI: 10.1515/jbnst-1995-0305

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