THE SIZE AND TREND OF THE SHADOW ECONOMY OF GHANA
Dennis Nchor, Vaclav Adamec
Pagini: 1113-1123
Publicat: 29 Aug 2014
Vizualizări: 3,770
Descărcări: 896
Rezumat: This study investigates the actual size and trend of the shadow economy in Ghana using the Multiple Indicator and Multiple Causes model. Results from the study show that direct tax rate, the size of government, unemployment rate, GDP per capita and total tax rates are the main causes of the shadow economy. An increase in direct taxes by a unit leads to an increase in the shadow economy by 0.4 units. Growth in the size of government by a unit leads to an increase in shadow economic activities by 0.48 units. A percentage point increase in unemployment leads to an increase in the shadow economy by 0.18 units. It declines by 0.006 units in the case of GDP per capita. The actual size of the shadow economy in Ghana stands around 32% of total economic activities in 2013.
Cuvinte cheie: shadow economy, mimic model, ghana, economy
Citează acest articol: Dennis Nchor, Vaclav Adamec. THE SIZE AND TREND OF THE SHADOW ECONOMY OF GHANA. Journal of International Scientific Publications: Economy & Business 8, 1113-1123 (2014). https://www.scientific-publications.net/en/article/1000465/
Înapoi la cuprinsul volumului
© 2025 The Author(s). This is an open access article distributed under the terms of the
Creative Commons Attribution License https://creativecommons.org/licenses/by/4.0/, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. This permission does not cover any third party copyrighted material which may appear in the work requested.
Disclaimer: The Publisher and/or the editor(s) are not responsible for the statements, opinions, and data contained in any published works. These are solely the views of the individual author(s) and contributor(s). The Publisher and/or the editor(s) disclaim any liability for injury to individuals or property arising from the ideas, methods, instructions, or products mentioned in the content.
