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Political Stability and the Shadow Economy in ‎Asia: An Empirical Analysis

Author

Listed:
  • Jamalmanesh, Arash

    (Islamic Azad University‎)

  • sayehmiri, Ali

    (Ilam university)

  • Eghbali, Alireza

    (Assistant professor of Economic, Payame Noor University‎(PNU))

  • Yosefi Hajiabad, Reza

    (Assistant professor of Economic, Payame Noor University‎(PNU))

Abstract

This study investigates the impact of political stability and other governance indicators ‎on the size of the shadow economy across Asian countries using panel data estimations. ‎While the existing literature acknowledges the critical role of institutional quality and ‎governance in shaping the informal sector, most prior research has relied on

Suggested Citation

  • Jamalmanesh, Arash & sayehmiri, Ali & Eghbali, Alireza & Yosefi Hajiabad, Reza, 2026. "Political Stability and the Shadow Economy in ‎Asia: An Empirical Analysis," Journal of Money and Economy, Monetary and Banking Research Institute, Central Bank of the Islamic Republic of Iran, vol. 21(1), pages 1-20, March.
    • Handle: RePEc:mbr:jmonec:v:21:y:2026:i:1:p:1-20
    as

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