Artikel
Estimating shadow economy size in Greece 2000-2018: A flexible MIMIC approach
Greek economy suffers from economic crisis for over a decade. A continuing problem has been the persistence of a large shadow economy which results in a gap between the tax and social security contribution owed and collected. In this paper, the size of shadow economy (SE) in Greece is estimated using a flexible MIMIC approach with time series data from 2000 to 2018. Our variables focused on instead of in most representative data of the Greek economy as causes (e.g. unemployment, self-employment, epidemic etc.) and indicators (official economy, energy consumption, income inequality and poverty, labour force participation). We found that the average size of shadow economy in Greece was up to 37.63% for the reference period, above the average size of other studies up to 23.35%. The study focuses on the significance of each determinant of the shadow economy, resulting in an improved estimation method to identify and tackle shadow transactions and increase public revenues.
- Sprache
-
Englisch
- Erschienen in
-
Journal: SPOUDAI - Journal of Economics and Business ; ISSN: 2241-424X ; Volume: 71 ; Year: 2021 ; Issue: 3/4 ; Pages: 23-47
- Klassifikation
-
Wirtschaft
Formal and Informal Sectors; Shadow Economy; Institutional Arrangements
Single Equation Models; Single Variables: General
Bureaucracy; Administrative Processes in Public Organizations; Corruption
Informal Economy; Underground Economy
- Thema
-
Greek economy
shadow economy
estimation
flexible MIMIC Model
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Koufopoulou, Paraskevi
Williams, Colin C.
Vozikis, Athanassios
Souliotis, Kyriakos
Samprakos, Antonios
- Ereignis
-
Veröffentlichung
- (wer)
-
University of Piraeus
- (wo)
-
Piraeus
- (wann)
-
2021
- Handle
- Letzte Aktualisierung
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10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Artikel
Beteiligte
- Koufopoulou, Paraskevi
- Williams, Colin C.
- Vozikis, Athanassios
- Souliotis, Kyriakos
- Samprakos, Antonios
- University of Piraeus
Entstanden
- 2021
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