Impact of Shadow Economy on Sustainable Development in Africa

被引:8
|
作者
Ajide, Folorunsho M. [1 ,6 ]
Dada, James T. [2 ]
Arnaut, Marina [3 ]
Al-Faryan, Mamdouh Abdulaziz Saleh [4 ,5 ]
机构
[1] Univ Ilorin, Dept Econ, Ilorin, Nigeria
[2] Obafemi Awolowo Univ, Dept Econ, Ife, Nigeria
[3] Univ Dubai, Dubai Business Sch, Dubai, U Arab Emirates
[4] Univ Portsmouth, Sch Accounting Econ & Finance, Fac Business & Law, Portsmouth, England
[5] Consultant Econ & Finance, Riyadh, Saudi Arabia
[6] Univ Ilorin, Fac Social Sci, Dept Econ, Ilorin, Nigeria
关键词
Shadow economy; sustainable development; panel quantile estimation; Africa; CORRUPTION; INFORMALITY; GROWTH; REGRESSION; MODEL;
D O I
10.1080/01900692.2023.2207117
中图分类号
C93 [管理学]; D035 [国家行政管理]; D523 [行政管理]; D63 [国家行政管理];
学科分类号
12 ; 1201 ; 1202 ; 120202 ; 1204 ; 120401 ;
摘要
This study contributes to the sustainable development literature by investigating the impact of the shadow economy on sustainable development in a panel of 30 African countries over a period of 2000-2017. The study employs parametric and nonparametric panel estimation techniques. The novel moment panel quantile regression method is also used to produce robust outcomes across the distribution of the explained variable in the presence of location shifters, scale variants, endogeneity, and outliers. The results reveal that the shadow economy reduces sustainable development in Africa. The study concludes that conscious efforts are needed to ensure that the shadow economy issue is addressed to enjoy the benefits of sustainable development in the African region.
引用
收藏
页码:791 / 805
页数:15
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