Corruption, the shadow economy and innovation in Spanish regions

Autor:	Marcos González-Fernández, José Luis Fanjul-Suárez, Carmen González-Velasco
Rok vydání:	2020
Předmět:	lcsh:HB1-3840 shadow economy Economy spanish regions Corruption media_common.quotation_subject corruption lcsh:Economic theory. Demography Economics General Economics Econometrics and Finance innovation Shadow (psychology) media_common
Zdroj:	Panoeconomicus, Vol 67, Iss 4, Pp 509-537 (2020)
ISSN:	2217-2386 1452-595X
DOI:	10.2298/pan170605003g
Popis:	The aim of this paper is to analyze the effects of corruption and the shadow economy on innovation in the Spanish regions between 2000 and 2012. For this purpose, we use different proxies to approximate corruption and the shadow economy. We find evidence that corruption negatively influences innovation according to the results of the estimations. Regarding the effect of the shadow economy on innovation, the results also suggest that tax fraud, which is directly related to underground activities, leads to a decrease in regional innovation. Key words: Innovation, Corruption, Shadow economy, Spanish regions. JEL: R11, O32, O17, D73.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_dedup___::30d0976f31ba8f7d1d1663f618dc19d1 https://doi.org/10.2298/pan170605003g Zobrazit plný text záznamu