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dc.contributor Graduate Program in Economics.
dc.contributor.advisor Elgin, Ceyhun.
dc.contributor.author Öztunalı, Oğuz.
dc.date.accessioned 2023-03-16T12:00:46Z
dc.date.available 2023-03-16T12:00:46Z
dc.date.issued 2012.
dc.identifier.other EC 2012 O88
dc.identifier.uri http://digitalarchive.boun.edu.tr/handle/123456789/16433
dc.description.abstract This thesis investigates the relationship between the size of the shadow economy and environmental pollution. To this end, an empirical analysis for various measures of environmental pollution is conducted first in a panel data setting for 152 countries over the period 1999-2007, and then in a time-series framework for Turkey over the period 1950-2009. The estimation results show support towards the existence of an inverted-U relationship between the size of the shadow economy and environmental pollution, that is small and large sizes of the shadow economy are associated with low levels of environmental pollution and medium levels of the size of the shadow economy are associated with higher levels of environmental pollution. Next, a two-sector dynamic general equilibrium model is built to account for this empirical observation. The model identifies two channels through which the informal economy might affect environmental pollution: first, the scale effect through which larger (smaller) informal sector size is associated with lower (higher) level of environmental pollution and the second, the deregulation effect through which larger (smaller) informal sector size is associated with higher (lower) level of environmental pollution . As these two effects work in opposite directions, the changing relative strength of one builds the inverted-U relationship between pollution indicators and informal sector size.
dc.format.extent 30 cm.
dc.publisher Thesis (M.A.) - Bogazici University. Institute for Graduate Studies in Social Sciences, 2012.
dc.subject.lcsh Informal sector (Economics).
dc.subject.lcsh Pollution -- Economic aspects.
dc.title Shadow economy and environmental pollution
dc.format.pages vi, 38 leaves ;


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