Ceyhun Elgin
The Informal Economy: Measures, Causes, and Consequences
The Informal Economy: Measures, Causes, and Consequences
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The Informal Economy: Measures,Causes,and Consequences provides a comprehensive account of the economics of informality through the lenses of various economic perspectives, exploring different definitions and measures of the informal economy and subjecting these measures to empirical tests to examine the determinants and effects of informality.
Format: Paperback / softback
Length: 200 pages
Publication date: 29 April 2022
Publisher: Taylor & Francis Ltd
The Informal Economy: Measures, Causes, and Consequences delves into the intricate realm of economics, offering a comprehensive exploration of the economics of informality through the diverse lenses of various economic perspectives. While informal economic activity permeates societies worldwide, numerous issues surrounding its nature and consequences remain largely under-examined or unresolved. Perhaps most significantly, the evidence presented in the existing literature on informality has failed to establish a consensus on the measurements, causes, and effects of the informal sector among researchers. Most, if not all, of the empirical findings are inconclusive or contingent upon the specific dataset employed in the analysis. This book seeks to bridge that gap by examining diverse definitions and measures of the informal economy, encompassing various viewpoints, and subjecting these measures to rigorous empirical testing to investigate the determinants and consequences of informality. Through this comprehensive analysis and extensive review of the literature, the book uncovers a multitude of economic, political, and social factors associated with the informal economy, including the intricate relationship between informality and the tax burden, tax enforcement, and institutional quality.
This essential text serves as a vital resource for scholars and students with an interest in the informal or shadow economy, providing valuable insights and perspectives.
Dimension: 234 x 156 (mm)
ISBN-13: 9780367522155
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