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In this paper, we develop a novel and an alternative empirical approach based on the Seo and Shin’s (2016) dynamic FD-GMM panel threshold model to explore whether the impact of the size of the shadow economy on the three key pillars of sustainable
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::87348717fe475f0165bded47863e99a3
https://doi.org/10.21203/rs.3.rs-2621229/v1
https://doi.org/10.21203/rs.3.rs-2621229/v1
Publikováno v:
Studies in Nonlinear Dynamics & Econometrics.
Most previous studies that examined the relationship between the size of shadow economy and the pillars of sustainable development maintained that this relationship is linear. This paper provides an empirical contribution to the literature by arguing