Abstract
ABSTRACT 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.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
