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  • 标题:The hidden economy in Jordan: A MIMIC approach
  • 本地全文:下载
  • 作者:Mohammed Abu Alfoul ; Zakia Ahmad Mishal ; Friedrich Schneider
  • 期刊名称:Cogent Economics & Finance
  • 电子版ISSN:2332-2039
  • 出版年度:2022
  • 卷号:10
  • 期号:1
  • 页码:1-29
  • DOI:10.1080/23322039.2022.2031434
  • 语种:English
  • 出版社:Taylor and Francis Ltd
  • 摘要:This paper uses the Multiple Indicators Multiple Causes (MIMIC) approach to determine the annual size and growth of the hidden economy in Jordan for the period 1980–2018. We find that the key causal variables of the hidden economy in Jordan are: female labor force participation, the inflation rate, the unemployment rate, total tax revenue, and the budget deficit. The growth of these causal variables increases Jordan’s hidden economy. According to our findings, the estimated average of the hidden economy from 1980 to 2018 is 17.6% of the official GDP. Thus, it comprises a large portion of the official GDP. Furthermore, our results suggest an increase in the size of Jordan’s hidden economy from 11.8% in 1980 to 22.4% in 2018. The overall results can assist policymakers in Jordan to combat and reduce the size of the hidden economy.
  • 关键词:hidden economy ;MIMIC approach ;SEM model ;GDP growth ;Jordan’s economy
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