This paper empirically examines whether devoting more resources to education can reduce the size of the shadow economy on a cross-section of countries. The findings show a negative relationship between public education expenditure and the size of the shadow economy, which is robust to the inclusion of different proxies for the control variables, a large set of policy variables, regional differences and endogeneity. The findings also emphasize the role of education, suggesting that public policies devoted to higher education level imply a decreasing effect on the shadow economy.

Berrittella, M. (2015). The Effect of Public Education Expenditure on Shadow Economy: A Cross-Country Analysis. INTERNATIONAL ECONOMIC JOURNAL, 29(4), 527-546 [10.1080/10168737.2015.1081259].

The Effect of Public Education Expenditure on Shadow Economy: A Cross-Country Analysis

BERRITTELLA, Maria
2015-01-01

Abstract

This paper empirically examines whether devoting more resources to education can reduce the size of the shadow economy on a cross-section of countries. The findings show a negative relationship between public education expenditure and the size of the shadow economy, which is robust to the inclusion of different proxies for the control variables, a large set of policy variables, regional differences and endogeneity. The findings also emphasize the role of education, suggesting that public policies devoted to higher education level imply a decreasing effect on the shadow economy.
2015
Settore SECS-P/03 - Scienza Delle Finanze
Berrittella, M. (2015). The Effect of Public Education Expenditure on Shadow Economy: A Cross-Country Analysis. INTERNATIONAL ECONOMIC JOURNAL, 29(4), 527-546 [10.1080/10168737.2015.1081259].
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/10447/226679
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