INFORMAL SECTOR AND INSTITUTIONS
نویسندگان
چکیده
In this paper, I investigate the relationship between informal sector size and various institutional quality variables: government stability, external conflict, internal corruption control, military influence over politics, religious tensions, ethnic law-and-order, democratic quality, bureaucratic accountability. To end, use annual cross-country panel data covering 130 countries from 1990 to 2018. Having conducted a correlation analysis, of economy indicators are inversely linked. The most crucial determinants law-and-order (-0.53), (-0.51), in politics (-0.45), control (-0.42), conflict (-0.35).
منابع مشابه
Informal Institutions and Property Rights
In recent years, the call for strong and clear property rights has grown in law and development circles. In the landmark book The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else, de Soto put forth the claim that “strong and clear” property rights, formalized rather than informal, are necessary for economic efficiency and for the protection of the poor, who occu...
متن کاملModernizing the informal sector
Th e multiplicity of policies proposed to support the informal sector refl ects the lack of a common defi nition. Although they may produce positive eff ects, these are limited and fail to constitute a comprehensive strategic approach. Th e diff erent interpretations in the absence of a common defi nition as well as the strategies emerging from them are reviewed. Th e identifi cation of informa...
متن کاملMatching in Informal Financial Institutions.
This paper analyzes an informal financial institution that brings heterogeneous agents together in groups. We analyze decentralized matching into these groups, and the equilibrium composition of participants that consequently arises. We find that participants sort remarkably well across the competing groups, and that they re-sort immediately following an unexpected exogenous regulatory change. ...
متن کاملFormal and Informal Market Institutions : Embeddedness Revisited
Market exchange involves many cognitive and non-cognitive processes — e.g., search, inference, prediction, negotiation. Much attention has been devoted to these issues both in theory and in experimental economics. I focus on the enforcement of market transactions against opportunistic behavior. I first discuss the different mechanisms that can deter opportunistic breach of contract. Some of the...
متن کاملInformal Sector, Productivity and Tax Collection∗
The informal sector is a prominent characteristic of many developing countries. Most of the literature has focused on understanding the determinants of informality. The connection between the informal sector and economic development is, nonetheless, relatively less understood. One of the most important determinants of informality is the tax enforcement quality of a country which, some authors a...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Theoretical and Practical Research in Economic Fields
سال: 2022
ISSN: ['2068-7710']
DOI: https://doi.org/10.14505/tpref.v13.2(26).07