Economic liberalization in Egypt: A way to reduce the shadow economy?

Autor:	Mai Hassan, Mohammad Reza Farzanegan, Ahmed Mohamed Badreldin
Rok vydání:	2020
Předmět:	Economics and Econometrics 050208 finance Economy 0502 economics and business 05 social sciences Economic liberalization Economics 050207 economics International development Gross domestic product Shadow (psychology)
Zdroj:	Journal of Policy Modeling. 42:307-327
ISSN:	0161-8938
DOI:	10.1016/j.jpolmod.2019.09.008
Popis:	This study examines the relationship between economic liberalization and the size of the shadow economy in Egypt. We use annual data from 1976 to 2013 and show that economic liberalization policies in Egypt have a statistically significant decreasing effect on the size of the shadow economy as a percent of Gross Domestic Product (GDP). This effect is confirmed for both short- and long-term oriented economic liberalization policies. Based on our results, policies which promote trade and economic liberalization can reduce the extension of the shadow economy in Egypt. Therefore, we suggest conditioning international development assistance to Egypt on demonstrable policy actions with respect to economic liberalization.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::dd6725aa41af79262f9648db04cf464c https://doi.org/10.1016/j.jpolmod.2019.09.008 Zobrazit plný text záznamu Full Text from ScienceDirect