The size and development of the shadow economy in Bangladesh: an empirical investigation

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    Abstract

    The paper estimates the size of the shadow economy in Bangladesh by applying the multiple indicator multiple cause model to time series data from 1975-2010. The estimated size of the shadow economy ranges from 13.47% in 1984 to 37% in 2010. Taxes are one of the key drivers while monetization reduces the size of the shadow economy in Bangladesh.
    Original languageEnglish
    Place of PublicationKingston upon Thames, U.K.
    PublisherFaculty of Arts and Social Sciences, Kingston University
    Number of pages25
    Publication statusPublished - Jun 2014

    Publication series

    NameEconomics Discussion Paper
    PublisherFaculty of Arts and Social Sciences, Kingston University
    No.2013-03

    Keywords

    • Bangladesh.
    • Economics and econometrics
    • MIMIC model
    • Shadow economy

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