FDI Flows and the Effects of the Shadow Economy: Evidence from Gravity Modelling
This paper analyzes the question of if the size of the shadow economy affects foreign direct investment (FDI) flows and what effects, if any, there are. Since about 1990, FDI has become the second crucial pillar of economic globalization in OECD countries and worldwide; such FDI inward and outward f...
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| Format: | Article |
| Language: | English |
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Athens Institute for Education and Research
2023-10-01
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| Series: | Athens Journal of Business & Economics |
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| Online Access: | https://www.athensjournals.gr/business/2023-9-4-3-Zander.pdf |