Determinants of shadow economy in Eastern European countries
| Autor: | Vytautas Juščius, Mykolas Navickas, Valentinas Navickas |
|---|---|
| Přispěvatelé: | De Gruyter (Walter de Gruyter GmbH), Alexandru Ioan Cuza University of Iasi |
| Jazyk: | angličtina |
| Rok vydání: | 2019 |
| Předmět: |
Corruption
media_common.quotation_subject lcsh:Business 050601 international relations 03 medical and health sciences 0302 clinical medicine Economic inequality Per capita Economics media_common.cataloged_instance European union MIMIC methodology media_common Shadow (psychology) government regulation 05 social sciences Eastern European countries Regression analysis shadow economy tax burden 030206 dentistry General Business Management and Accounting 0506 political science Eastern european Economy Unemployment lcsh:HF5001-6182 General Economics Econometrics and Finance |
| Zdroj: | Scientific annals of economics and business, Warsaw : De Gruyter, 2019, vol. 66, no. 1, p. 1-14 Scientific Annals of Economics and Business, Vol 66, Iss 1, Pp 1-14 (2019) |
| ISSN: | 2501-1960 2501-3165 |
| Popis: | In this article the relationship between shadow economy and its’ determinants has been examined. Ten Eastern countries from European Union were chosen due to specific particularities, which may cause higher shadow economy levels in the investigated countries compared with the EU average. Time span of 2003-2016 was selected, as 2017 data has yet to be released at the time of the analysis. Article consists of examination of the current situation and shadow economy trends in Eastern European countries; overview of shadow economy scientific literature followed by hypothesis, which are examined by constructing regression models. Models aim to distinguish the relationship between selected determinants and shadow economy size. Scientific literature analysis revealed that increase of tax burden on labor is seen as a primary reason for the increase of shadow economy, however, such relation has not been identified. Furthermore, results show that unemployment and self-employed people ratio affect shadow economy insignificantly. This suggests that further analysis is needed. Nonetheless, regression model has not rejected the hypotheses of corruption level, income inequality, business freedom and GDP per capita effect on shadow economy. Thus, it can be stated that these variables are determinants of shadow economy in Eastern European countries. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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