Dependent variable: growth of the informal sector

Regime 1

τ t

−2.94***

ebrutpib t

−1.41**

exportpib t

6.94***

gpopu t

9.07**

tpopaf t

−9.60***

tinscritensup t

−2.34

tchmf t

3.19***

depubpib t

13.38***

constante

−16.31**

Tax threshold and 5% confidence interval

7.10

Regime 2

τ t

1.32***

ebrutpib t

−0.27

exportpib t

0.39

gpopu t

−13.78***

tpopaf t

0.56

tinscritensup t

2.19

tchmf t

−1.46

depubpib t

−3.45**

constante

11.38**