Since 2014
Informal economy and extractive institutions
Review of Economics and Institutions
View Archive Info| Field | Value | |
| Title |
Informal economy and extractive institutions
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| Creator |
Fracasso, Andrea; Department of Economics and Management & School of International Studies, University of Trento
Vittucci Marzetti, Giuseppe; Department of Sociology and Social Research, University of Milano-Bicocca Coletto, Diego; Department of Sociology and Social Research, University of Milano-Bicocca |
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| Subject |
Economics; Sociology
Informal economy; Extractive Institutions; Institutional quality O17; D02; P16; D73 |
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| Description |
The paper aims at assessing the impact of the extractiveness of institutions on the size of the informal economy. After the identification of the variables suitable to proxy the distinct features of institutions, among which their extractiveness, the paper offers a battery of cross-section regressions over two large samples of developed and developing countries. The results suggest that the extractiveness of institutions is a significant determinant of the size of the informal economy and that greater informality is associated with a higher perceived distrust in formal institutions. The results are robust to the inclusion of standard controls, as well as proxies for culture, generalized trust and generalized morality.
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| Publisher |
University of Perugia
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| Contributor |
—
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| Date |
2018-07-13
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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| Format |
application/pdf
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| Identifier |
http://www.rei.unipg.it/rei/article/view/240
10.5202/rei.v9i1.240 |
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| Source |
Review of Economics and Institutions; Vol 9, No 1 (2018); 36
2038-1379 2038-1344 |
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| Language |
eng
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| Relation |
http://www.rei.unipg.it/rei/article/view/240/183
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