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The size and development of the shadow economy in Bangladesh: An empirical investigation

Jalal Siddiki

No 2013-3, Economics Discussion Papers from School of Economics, Kingston University London

Abstract: The paper estimates the size of the shadow economy in Bangladesh by applying the multiple indicator multiple cause model to time series data from 1975-2010. The estimated size of the shadow economy ranges from 13.47% in 1984 to 37% in 2010. Taxes are one of the key drivers while monetization reduces the size of the shadow economy in Bangladesh.

Keywords: Shadow economy; MIMIC model; Bangladesh. (search for similar items in EconPapers)
JEL-codes: H11 H26 O17 (search for similar items in EconPapers)
Pages: 24 pages
Date: 2013-06-30
New Economics Papers: this item is included in nep-iue
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