EconPapers    
Economics at your fingertips  
 

The Complex Dynamics of Social Interactions

J. Barkley Rosser

Chapter Chapter 3 in Foundations and Applications of Complexity Economics, 2021, pp 53-68 from Springer

Abstract: Abstract How large the non-observed economy (NOE) is and what determines its size in different countries and regions of the world is a much studied question (Schneider and Enste, 2000, 2002). The size of this sector in an economy has important ramifications. It negatively affects a nation’s ability to collect taxes to support its public sector, which can lead more economic agents to move into the non-observed sector (Johnson et al. 1997). When this sector is associated with criminal or corrupt activities it may undermine social capital and broader social cohesion (Putnam et al. 1993), which may damage economic growth (Knack and Keefer, 1997; Zak and Knack, 2001). Furthermore, as international aid programs are tied to official measures of the size of economies, these can be distorted by wide variations in the relative sizes of the NOE across different countries, especially among the developing economies.

Date: 2021
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:spr:sprchp:978-3-030-70668-5_3

Ordering information: This item can be ordered from
http://www.springer.com/9783030706685

DOI: 10.1007/978-3-030-70668-5_3

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla (sonal.shukla@springer.com) and Springer Nature Abstracting and Indexing (indexing@springernature.com).

 
Page updated 2025-03-23
Handle: RePEc:spr:sprchp:978-3-030-70668-5_3