Entrepreneurship and the Shadow (Informal) Economy

Can Akbal

MPRA Paper from University Library of Munich, Germany

Abstract: In this paper, we investigate the empirical relationship between entrepreneurship and the shadow economy size. To this end, we use cross-country data and most-frequently-used measure of the entrepreneurial activity, i.e., Global Entrepreneurship Index (GEI), as well as its subindices, and calculate correlations of these indices with the size of the informal sector and its major determinants. Our analysis indicates that there are significant correlations between the variables involved.

Keywords: Entrepreneurship; shadow economy; cross-country data (search for similar items in EconPapers)
JEL-codes: E00 H00 (search for similar items in EconPapers)
Date: 2021-09-20
New Economics Papers: this item is included in nep-cse, nep-ent, nep-isf, nep-iue and nep-mac
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:109739

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