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Keywords: Institutional theory
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Journal Articles
Journal Articles
International Journal of Social Economics (2016) 43 (7): 722–738.
Published: 11 July 2016
... and tackling participation in this informal economy. Drawing upon institutional theory (Baumol, 1990 ; Baumol and Blinder, 2008 ; North, 1990), participation in the informal economy is here explained as resulting from the existence of an asymmetry between the codified laws and regulations of a society’s...

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