Analysis of the Gap in Economic Informality between Africa and the Advanced and Emerging Countries

• 발행기관: 세종대학교 경제통합연구소
• 저자명: Mathieu Juliot Mpabe Bodjongo Wilfried Briand Kamdem
• 간행물 정보: 『Journal of Economic Integration』제39권 제1호, 198~226쪽, 전체 29쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2024.03.01

국문 초록

Abstract This paper analyzes the factors that account for economic informality disparities between African countries and advanced and emerging economies. The study encompasses a survey of 84 nations, comprising 44 African countries, during the span of 1995-2015. The econometric outcomes, acquired from Krӧger and Hartmann's (2021) decomposition model, indicate that, on average, the level of informality in African country's economy is greater than that of advanced and emerging countries (OECD+). An increase in the standard of living of the population, an improvement in the control of corruption and the strengthening of financial development could enable African countries to reduce the explained gap. However, fiscal freedom, technological infrastructure, trade liberalization and political stability increase the explained gap. Furthermore, human capital and technological infrastructure reduce the total gap.

목차

I. Introduction

II. Literature Review

III. Methodology

IV. Results

V. Discussions

VI. Conclusion

키워드

gap informal economy decomposition method Africa emerging and advanced countries