References:
Abbasian, M., & Shahraki, M. (2022). Determining the Threshold and Environmental Impact of the Shadow Economy, Information Globalization, Trade and Market Size in Developing Countries. Journal of Environmental Science Studies, 7(2), 5082-5092. (In Persian)
Acemoglu, D. (2010). Theory, general equilibrium, and political economy in development economics. Journal of economic perspectives, 24(3), 17-32.
Ahmad, B., Irfan, M., Salem, S., & Asif, M. H. (2022). Energy efficiency in the post-COVID-19 era: exploring the determinants of energy-saving intentions and behaviors. Frontiers in Energy Research, 9, 824318.
Aidt, T. S. (2009). Corruption, institutions, and economic development. Oxford Review of Economic Policy, 25(2), 271-291.
Ajide, F. M., & Dada, J. T. (2022). The impact of ICT on shadow economy in West Africa. International Social Science Journal, 72(245), 749-767.
Ajide, F. M., Dada, J. T., Arnaut, M., & Abdulaziz Saleh Al-Faryan, M. (2023). Impact of shadow economy on sustainable development in Africa. International Journal of Public Administration, 1-15.
Almeida, T. A. d. N., Cruz, L., Barata, E., & García-Sánchez, I.-M. (2017). Economic growth and environmental impacts: An analysis based on a composite index of environmental damage. Ecological Indicators, 76, 119-130.
Alvarado, R., Tillaguango, B., Murshed, M., Ochoa-Moreno, S., Rehman, A., Işık, C., & Alvarado-Espejo, J. (2022). Impact of the informal economy on the ecological footprint: The role of urban concentration and globalization. Economic Analysis and Policy, 75, 750-767.
Amaral, P. S., & Quintin, E. (2006). A competitive model of the informal sector. Journal of Monetary Economics, 53(7), 1541-1553.
Awan, U., Kraslawski, A., & Huiskonen, J. (2018). Governing Interfirm Relationships for Social Sustainability: The Relationship between Governance Mechanisms, Sustainable Collaboration, and Cultural Intelligence. Sustainability, 10(12), 4473.
Azam, M., Hunjra, A. I., Bouri, E., Tan, Y., & Al-Faryan, M. A. S. (2021). Impact of institutional quality on sustainable development: Evidence from developing countries. Journal of Environmental Management, 298, 113465.
Azam, M., Liu, L., & Ahmad, N. (2021). Impact of institutional quality on environment and energy consumption: evidence from developing world. Environment, Development and Sustainability, 23(2), 1646-1667.
Baklouti, N., & Boujelbene, Y. (2020). Shadow Economy, Corruption, and Economic Growth: An Empirical Analysis. The Review of Black Political Economy, 47(3), 276-294.
Baloch, A., Shah, S. Z., Rasheed, S., & Rasheed, B. (2022). The impact of shadow economy on environmental degradation: empirical evidence from Pakistan. GeoJournal, 87(3), 1887-1912.
Barbier, E. B. (2010). Poverty, development, and environment. Environment and Development Economics, 15(6), 635-660.
Becker, G. S. (1968). Crime and punishment: An economic approach. Journal of political economy, 76(2), 169-217.
Behboudi, D., Beheshti, M. B., & Mousavi, S. (2011). Human development and sustainable development in selected oil exporting countries. Monetary & Financial Economics, 17(33).
Benkraiem, R., Lahiani, A., Miloudi, A., & Shahbaz, M. (2019). The asymmetric role of shadow economy in the energy-growth nexus in Bolivia. Energy Policy, 125, 405-417.
Besley, T., Ilzetzki, E., & Persson, T. (2013). Weak States and Steady States: The Dynamics of Fiscal Capacity. American Economic Journal: Macroeconomics, 5(4), 205–235.
Bhattarai, M., & Hammig, M. (2001). Institutions and the environmental Kuznets curve for deforestation: a crosscountry analysis for Latin America, Africa and Asia. World Development, 29(6), 995-1010.
Boström, M., Andersson, E., Berg, M., Gustafsson, K., Gustavsson, E., Hysing, E., Lidskog, R., Löfmarck, E., Ojala, M., Olsson, J., Singleton, B. E., Svenberg, S., Uggla, Y., & Öhman, J. (2018). Conditions for Transformative Learning for Sustainable Development: A Theoretical Review and Approach. Sustainability, 10(12), 4479.
Brown, B. J., Hanson, M. E., Liverman, D. M., & Merideth, R. W. (1987). Global sustainability: Toward definition. Environmental management, 11, 713-719.
Brundtland, G. H. (1987). Our common future world commission on environment and development.
Canay, I. A. (2011). A simple approach to quantile regression for panel data. The Econometrics Journal, 14(3), 368-386.
Chen, M., Sinha, A., Hu, K., & Shah, M. I. (2021). Impact of technological innovation on energy efficiency in industry 4.0 era: Moderation of shadow economy in sustainable development. Technological Forecasting and Social Change, 164, 120521.
Chen, Z., Ma, Y., Hua, J., Wang, Y., & Guo, H. (2021). Impacts from Economic Development and Environmental Factors on Life Expectancy: A Comparative Study Based on Data from Both Developed and Developing Countries from 2004 to 2016. Int J Environ Res Public Health, 18(16).
Dada, J. T., Olaniyi, C. O., Ajide, F. M., Adeiza, A., & Arnaut, M. (2022). Informal economy and ecological footprint: the case of Africa. Environmental Science and Pollution Research, 29(49), 74756-74771.
Dell'Anno, R. (2022). Theories and definitions of the informal economy: A survey. Journal of Economic Surveys, 36(5), 1610-1643.
D'Erasmo, P. N., & Moscoso Boedo, H. J. (2012). Financial structure, informality and development. Journal of Monetary Economics, 59(3), 286-302.
Dietz, S., Neumayer, E., & De Soysa, I. (2007). Corruption, the resource curse and genuine saving. Environment and Development Economics, 12(1), 33-53.
Djankov, S., La Porta, R., Lopez-de-Silanes, F., & Shleifer, A. (2002). The Regulation of Entry*. The Quarterly Journal of Economics, 117(1), 1-37.
Dreher, A., & Schneider, F. (2010). Corruption and the shadow economy: an empirical analysis. Public Choice, 144, 215-238.
Gharleghi, B., & Afshar Jahanshahi, A. (2020). The shadow economy and sustainable development: The role of financial development. Journal of Public Affairs, 20.
Gulyani, S., & Talukdar, D. (2010). Inside informality: The links between poverty, microenterprises, and living conditions in Nairobi’s slums. World Development, 38(12), 1710-1726.
Guzel, A. E., Arslan, U., & Acaravci, A. (2021). The impact of economic, social, and political globalization and democracy on life expectancy in low-income countries: are sustainable development goals contradictory? Environment, Development and Sustainability, 23(9), 13508-13525.
Heinrichs, H., & Laws, N. (2014). “Sustainability State” in the Making? Institutionalization of Sustainability in German Federal Policy Making. Sustainability, 6(5), 2623-2641.
Hoinaru, R. (2017). Follow the money: the impact of the illicit financial flows home and abroad: a common european-african perspective. Revista română de economie, 44(1), 87-94.
Hoinaru, R., Buda, D., Borlea, S. N., Văidean, V. L., & Achim, M. V. (2020). The Impact of Corruption and Shadow Economy on the Economic and Sustainable Development. Do They “Sand the Wheels” or “Grease the Wheels”? Sustainability, 12(2), 481.
Jacobs, K. (1992). Independent Identically Distributed (IID) Random Variables. In: Discrete Stochastics. Birkhäuser, Basel.
Jiang, T., & Nie, H. (2014). The stained China miracle: Corruption, regulation, and firm performance. Economics Letters, 123(3), 366-369.
Kardos, M. (2012). The reflection of good governance in sustainable development strategies. Procedia-Social and Behavioral Sciences, 58, 1166-1173.
Kazemzadeh, E., Lotfalipour, M. R., Shirazi, M., & Sargolzaie, A. (2023). Heterogeneous effects of energy consumption structure on ecological footprint. Environmental Science and Pollution Research, 30(19), 55884-55904.
Khan, Y., Hassan, T., Guiqin, H., & Nabi, G. (2023). Analyzing the impact of natural resources and rule of law on sustainable environment: A proposed policy framework for BRICS economies. Resources Policy, 86, 104070.
Kim, E., Ha, Y., & Kim, S. (2017). Public Debt, Corruption and Sustainable Economic Growth. Sustainability, 9(3), 433.
Koenker, R. (2004). Quantile regression for longitudinal data. Journal of Multivariate Analysis, 91(1), 74-89.
Koenker, R., & Bassett, G. (1978). Regression Quantiles. Econometrica, 46(1), 33-50.
KOF Swiss Economic Institute. (n.d.). KOF Globalisation Index. Retrieved June 20, 2025, from https://kof.ethz.ch/en/forecasts-and-indicators/indicators/kof-globalisation-index.html.
Koirala, B. S., & Pradhan, G. (2020). Determinants of sustainable development: Evidence from 12 Asian countries. Sustainable Development, 28(1), 39-45.
Kusi, B. A. (2023). Exploring the nonlinear effect of shadow economies on sustainable development in Africa: does the level of financial market development matter? Journal of Financial Economic Policy, 15(6), 551-572.
La Porta, R., & Shleifer, A. (2014). Informality and development. Journal of economic perspectives, 28(3), 109-126.
Lee, C.-C., & Hussain, J. (2023). An assessment of socioeconomic indicators and energy consumption by considering green financing. Resources Policy, 81, 103374.
Lee, C.-C., Li, X., Yu, C.-H., & Zhao, J. (2022). The contribution of climate finance toward environmental sustainability: New global evidence. Energy Economics, 111, 106072.
Machado, J. A. F., & Santos Silva, J. M. C. (2019). Quantiles via moments. Journal of Econometrics, 213(1), 145-173.
Maddah, M. (2017). Empirical Analysis the Relationship among corruption, Shadow Economy and Environmental pollution (LISREL Approach). Quarterly Journal of Quantitative Economics (JQE), 13(4), 1-18. (In Persian)
Magazzino, C., & Cerulli, G. (2019). The determinants of CO2 emissions in MENA countries: a responsiveness scores approach. International Journal of Sustainable Development & World Ecology, 26(6), 522-534.
Malik, M. A. S., & Hashmi, A. M. (2023). Impact of Institutional Quality and Earning Population on Sustainable Development: The Moderating Role of Globalization. Foundation University Journal of Business & Economics, 8(2), 1-19.
Mankiw, N. G. (2000). The savers–spenders theory of fiscal policy. American economic review, 90(2), 120-125.
Mazhar, U., & Jafri, J. (2017). Can the Shadow Economy Undermine the Effect of Political Stability on Inflation? Empirical Evidence. Journal of Applied Economics, 20(2), 395-420.
Méon, P.-G., & Weill, L. (2010). Is Corruption an Efficient Grease? World Development, 38(3), 244-259.
Moldan, B., Janoušková, S., & Hák, T. (2012). How to understand and measure environmental sustainability: Indicators and targets. Ecological Indicators, 17, 4-13.
Mombeuil, C. (2020). Institutional conditions, sustainable energy, and the UN sustainable development discourse: A focus on Haiti. Journal of Cleaner Production, 254, 120153.
Muhammad, S., Long, X., Salman, M., & Dauda, L. (2020). Effect of urbanization and international trade on CO2 emissions across 65 belt and road initiative countries. Energy, 196, 117102.
Nasrollahi, Z., Rezaei, A., & Dehghan Banadkoki, F. (2022). Shadow Economy Effects on Quality of Life. Stable Economy Journal, 3(1), 98-131. (In Persian)
Nogueira, C. (2019). Contradictions in the concept of sustainable development: An analysis in social, economic, and political contexts. Environmental Development, 30, 129-135.
Osinubi, T., Adedoyin, A., Olufemi, O., & Ajide, F. (2023). Does Tourism Affect Sustainable Development in MINT Countries? Global Journal of Emerging Market Economies, 15(1), 72-92.
Pande, R., & Udry, C. (2006). Institutions and Development: A View from Below. In R. Blundell, W. K. Newey, & T. Persson (Eds.), Advances in Economics and Econometrics: Theory and Applications, Ninth World Congress (Vol. 2, pp. 349-412). Cambridge University Press.
Pang, J., Mu, H., & Zhang, M. (2020). Interaction between shadow economy and pollution: empirical analysis based on panel data of northeast China. Environmental Science and Pollution Research, 27(17), 21353-21363.
Ponce, P., & Alvarado, R. (2019). Air pollution, output, FDI, trade openness, and urbanization: evidence using DOLS and PDOLS cointegration techniques and causality. Environmental Science and Pollution Research, 26(19), 19843-19858.
Pope, J., Annandale, D., & Morrison-Saunders, A. (2004). Conceptualising sustainability assessment. Environmental impact assessment review, 24(6), 595-616.
Poufinas, T., Galanos, G., & Agiropoulos, C. (2021). The Impact of Competitiveness on the Shadow Economy. International Advances in Economic Research, 27(1), 29-46.
Prizzia, R. (2017). Sustainable development in an international perspective. In Handbook of Globalization and the Environment (pp. 19-42). Routledge.
Purvis, B., Mao, Y., & Robinson, D. (2019). Three pillars of sustainability: in search of conceptual origins. Sustainability Science, 14(3), 681-695.
Qhasemnajad, T., mohammadzadeh, Y., & rezazadeh, A. (2020). Government Size, Shadow Economy, Inequality of Income, Iran, Smooth Transition Regression (STR). Journal of Economic Research (Tahghighat- E- Eghtesadi), 55(1), 187-214. (In Persian)
Raju, A. S. (2020). Governance in South Asia: A Conceptual Analysis. In Understanding Governance in South Asia (pp. 25-44). Routledge.
Redmond, T., & Nasir, M. A. (2020). Role of natural resource abundance, international trade and financial development in the economic development of selected countries. Resources Policy, 66, 101591.
Rizvi, S. K. A., Naqvi, B., Mirza, N., & Umar, M. (2022). Safe haven properties of green, Islamic, and crypto assets and investor's proclivity towards treasury and gold. Energy Economics, 115, 106396.
Ruzek, W. (2014). The informal economy as a catalyst for sustainability. Sustainability, 7(1), 23-34.
Saafi, S., Nouira, R., & Assidi, N. (2023). On the nonlinear relationships between shadow economy and the three pillars of sustainable development: new evidence from panel threshold analysis. Studies in Nonlinear Dynamics & Econometrics, 27(3), 355-375.
Samuelson, P. A., & Nordhaus, W. D. (1998). Volkswirtschaftslehre (15. Auflage). Frankfurt/Wien: Ueberreuter.
Santana, N. B., Aparecida do Nascimento Rebelatto, D., Périco, A. E., & Mariano, E. B. (2014). Sustainable development in the BRICS countries: an efficiency analysis by data envelopment. International Journal of Sustainable Development & World Ecology, 21(3), 259-272.
Sarte, P.-D. G. (2000). Informality and rent-seeking bureaucracies in a model of long-run growth. Journal of Monetary Economics, 46(1), 173-197.
Schneider, F., & Buehn, A. (2012). Shadow economies in highly developed OECD countries: What are the driving forces?
Schneider, F., & Enste, D. H. (2000). Shadow economies: Size, causes, and consequences. Journal of economic literature, 38(1), 77-114.
Schneider, F., & Enste, D. H. (2013). The shadow economy: An international survey. Cambridge University Press.
Shahbazi, K., Hasanzadeh, K., Khoshkhabar, V. (2020). Asymmetric Effects of Shadow Economy on Financial Development in Iran: NARDL Approach. QJER, 20(1), 204-185. (In Persian).
Shahzad, U. (2020). Environmental taxes, energy consumption, and environmental quality: Theoretical survey with policy implications. Environmental Science and Pollution Research, 27(20), 24848-24862.
Shirley, M. M. (2005). Institutions and development. In Handbook of new institutional economics (pp. 611-638). Springer.
Singh, A. K., Kumar, V. R. P., Shoaib, M., Adebayo, T. S., & Irfan, M. (2023). A strategic roadmap to overcome blockchain technology barriers for sustainable construction: A deep learning-based dual-stage SEM-ANN approach. Technological Forecasting and Social Change, 194, 122716.
Sohail, M. T., Ullah, S., Majeed, M. T., Usman, A., & Andlib, Z. (2021). The shadow economy in South Asia: dynamic effects on clean energy consumption and environmental pollution. Environmental science and pollution research international, 28(23), 29265–29275.
Stoever, J. (2012). On comprehensive wealth, institutional quality and sustainable development-quantifying the effect of institutional quality on sustainability. Journal of Economic Behavior & Organization, 81(3), 794-801.
Sultana, N., Rahman, M. M., & Khanam, R. (2022). The effect of the informal sector on sustainable development: Evidence from developing countries. Business Strategy & Development, 5(4), 437-451.
Udeagha, M. C., & Ngepah, N. (2023). The drivers of environmental sustainability in BRICS economies: Do green finance and fintech matter? World Development Sustainability, 3, 100096.
Umar, M., & Safi, A. (2023). Do green finance and innovation matter for environmental protection? A case of OECD economies. Energy Economics, 119, 106560.
Zaman, G., & Goschin, Z. (2015). Shadow economy and economic growth in Romania. Cons and pros. Procedia Economics and Finance, 22, 80-87.
Zhang, D., Tong, Z., & Zheng, W. (2021). Does designed financial regulation policy work efficiently in pollution control? Evidence from manufacturing sector in China. Journal of Cleaner Production, 289, 125611.
Zhang, J., Dai, Y., Su, C.-W., Kirikkaleli, D., & Umar, M. (2021). Intertemporal change in the effect of economic growth on carbon emission in China. Energy & Environment, 32(7), 1207-1225.
Zhu, H., Li, Z., & Guo, P. (2018). The impact of income, economic openness and interest rates on housing prices in China: evidence from dynamic panel quantile regression. Applied Economics, 50(38), 4086-4098.
)