New COVID-related results for estimating the shadow economy in the global economy in 2021 and 2022

Friedrich Schneider ()

International Economics and Economic Policy, 2022, vol. 19, issue 2, No 4, 299-313

Abstract: Abstract Considering the development of the shadow economy of 36 European and OECD countries over the period from 2003 to 2022 and the effect of the Coronavirus pandemic from 2020 onwards, the average size of the shadow economy of 36 European and OECD countries decreased from 16.48% of GDP in 2020 to 16.07% in 2021 (a decline of 0.41 percentage points). Due to a continued (forecasted) economic recovery in 2022, the average shadow economy of these 36 countries will slightly increase to 15.96% of GDP (average of all 36 countries): a very modest reduction of 0.11 percentage points.

Keywords: Shadow economy; OECD; Europe; Effect of the Coronavirus pandemic; Latest shadow economy results for 2021 and 2022 (search for similar items in EconPapers)
JEL-codes: C39 C51 C82 H11 H26 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

Downloads: (external link)
http://link.springer.com/10.1007/s10368-022-00537-6 Abstract (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:kap:iecepo:v:19:y:2022:i:2:d:10.1007_s10368-022-00537-6

Ordering information: This journal article can be ordered from
http://www.springer. ... cs/journal/10368/PS2

DOI: 10.1007/s10368-022-00537-6

Access Statistics for this article

International Economics and Economic Policy is currently edited by Paul J.J. Welfens, Holger C. Wolf, Christian Pierdzioch and Christian Richter

More articles in International Economics and Economic Policy from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().