Limit search to available items
Book Cover
Author Dabla-Norris, Era, author

Title What causes firms to hide output? : the determinants of informality / prepared by Era Dabla-Norris, Mark Gradstein, and Gabriela Inchauste
Published Washington, D.C. : International Monetary Fund, IMF Institute, [2005]
Online access available from:
IMF eLibrary    View Resource Record  


Description 1 online resource (32 pages)
Series IMF working paper ; no. 05/160
IMF working paper ; WP/05/160
Summary In many developing countries, a significant part of economic activity takes place in the informal sector. Earlier work has examined the determinants of the size of the informal sector, focusing separately on factors such as tax and regulation burden, financial market development, and the quality of the legal system. We revisit this issue by using an integrated dataset which contains rich information on all these aspects. Testing the channels affecting the degree of informality, we find evidence that all previously identified factors indeed play a role in driving informality. In particular, and consistent with the suggested theoretical model, we find support for the significance of the quality of the legal system
Bibliography Includes bibliographical references
Notes Print version record
Subject Informal sector (Economics) -- Developing countries -- Econometric models.
Law -- Economic aspects -- Developing countries.
Form Electronic book
Author Gradstein, Mark, author
Inchauste, Gabriela, author
IMF Institute, issuing body
International Monetary Fund, issuing body
ISBN 1282447815