Search results for "jel:O17"

showing 3 items of 3 documents

The shadow economy in Portugal: An analysis with the MIMIC approach

2007

The paper estimates the Portuguese Shadow Economy (SE) from 1977 to 2004 and tests the statistical relationships between the SE and other economic variables. In order to carry out the econometric analysis, a multiple indicators multiple causes (MIMIC) model with means and intercepts is applied. The main causes of the Portuguese SE are analyzed and economic policies to reduce it are suggested. An appraisal on the reliability of estimates and an alternative benchmark strategy for the MIMIC approach are proposed.

MIMC model; Portugal; Shadow economyPortugalMIMC modeljel:C39language.human_languagejel:H10jel:H26EconomyOrder (exchange)Carry (investment)shadow economy MIIMIC model PortugallanguageEconomicsjel:O17PortugueseShadow economyGeneral Economics Econometrics and FinanceShadow (psychology)Journal of Applied Economics
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Performance and international investments in microfinance institutions

2013

Preprint of the published version of an article from Strategic Change Using data from 319 microfinance institutions (MFIs) in 68 developing countries, we study the degree to which international debt investments are related to the financial and social performances of MFIs. We find that commercial investments are mainly related to financial performance and level of professionalisation of the MFIs. The targeting of women is not a priority, even though international commercial investors target MFIs that provide small loans. Subsidised investments, however, are mainly driven by the targeting of women, while financial performance and the level of professionalisation of the MFI is not a priority.

MicrofinanceFinancial performancemicrofinance; commercialisation; socially responsible investors; microfinance investment vehicles; social performanceDeveloping countryFinancial systemExternal debtjel:G23law.inventionjel:G11jel:L20lawVDP::Social science: 200::Economics: 210::Economics: 212Corporate social responsibilityjel:O17jel:O16Business
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Economic Structure and Vulnerability to Organised Crime: Evidence from Sicily

2008

The economic analysis of organised crime suggests that some economic activities are particularly vulnerable to penetration by criminal organisations. This paper provides an analysis of the structure of the Sicilian economy and shows that, when compared with other Italian regions, it is characterised by a disproportionate presence of such activities. In particular, the economy of Sicily appears characterised by: (i) a large dimension of traditional sectors, such as the Construction sector, which also has a strong territorial specificity; (ii) a large presence of small firms; (iii) a low level of technology; (iii) a large public sector. The joint presence of these features creates fertile soi…

organised crime economic structure Sicilian mafia economic developmentSociology and Political Sciencebusiness.industryEconomic sectorPublic sectorCartelVulnerabilitylanguage.human_languageOrganised Crime Economic Structure Sicilian Mafia Economic DevelopmentExtortionPolitical Science and International RelationslanguageEconomicsjel:O43jel:O17Organised crimeEconomic systemEnforcementbusinessLawSicilian
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