Encyclopedia of Law and Economics

2019 Edition
| Editors: Alain Marciano, Giovanni Battista Ramello

Shadow Economy

  • Friedrich SchneiderEmail author
Reference work entry
DOI: https://doi.org/10.1007/978-1-4614-7753-2_574


In this paper the main focus lies on the shadow economy. The most influential factors on the shadow economy are tax policies and state regulation. The size of the shadow economy was decreasing over 1999 to 2007 from 34.0% to 31.2% for 161 countries (unweighted average).


Shadow economy Tax morale Tax pressure State regulation Labor market 
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Authors and Affiliations

  1. 1.Department of EconomicsJohannes Kepler University of LinzLinz-AuhofAustria