Measuring the Informal Economy in Latin America and the Caribbean

Measuring the Informal Economy in Latin America and the Caribbean
This paper estimates the size of the informal economy for 32 mainly Latin American and Caribbean countries in the early 2000s. Using a structural equation modeling approach, we find that a stringent tax system and regulatory environment, higher inflation, and dominance of the agriculture sector are key factors in determining the size of the... READ MORE...

Publication date: April 2008
ISBN 9781451869637
$18.00

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