학술대회자료
How Does Social Capital Reduce the Size of the Shadow Economy?
- 한국재정학회(구 한국재정·공공경제학회)
- 한국재정학회 학술대회 논문집
- 2012년도 한국재정학회 추계 정기학술대회
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2012.09502 - 527 (26 pages)
- 11
This paper investigates the missing link between multi-dimensional components of social capital and the size of the shadow economy, an association generally considered to be ambiguous. A simple agency model shows that social capital and the shadow economy are connected through a mechanism reducing the perceived level of corruption. Using a sample of 65 countries, 1999 to 2007, the paper finds that social trust, social norms (e.g., tax morale), and a broad index of social capital are robust, negative determinants of the shadow economy.
Abstract
1. Introduction
2. Social Capital and the Shadow Economy
3. Data and Estimation
4. Empirical Results
5. Conclusion
References
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