Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/73234
Authors: 
Méon, Pierre-Guillaume
Schneider, Friedrich G.
Weill, Laurent
Dreher, Axel
Year of Publication: 
2006
Series/Report no.: 
Working Paper, Department of Economics, Johannes Kepler University of Linz 0609
Abstract: 
We analyze how adding the shadow economy to official output figures affects technical efficiency. We find that this only slightly affects the ranking of efficiency scores, but increases average efficiency. Our results are robust to the functional form of the production technology and the adjustment of labor to account for years of schooling.
Subjects: 
shadow economy
income
aggregate productivity
efficiency
JEL: 
O11
O17
O47
O5
Document Type: 
Working Paper

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