Kausik Chaudhuri|Friedrich Schneider|Sumana Chattopadhyay
The size and development of the shadow economy: An empirical investigation from states of India
Indira Gandhi Institute of Development Research|Johannes Kepler University of Linz|University of Missouri
using state level data india paper investigates size hidden economy indian states period 197475 199596 analysis shown liberalization indian economy 199192 growth size hidden economy decreased average results show growth size hidden economy approximately 4 less scheduled election years years also demonstrate growth significantly lower states coalition government power increased growth newspapers literacy rates translate cleaner governance eg fewer amounts shadow economy activities economy