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Assessment Of Shadow Economy In Moldova Using The Input-Output Model In 2014

Author

Listed:
  • Valentina GANCIUCOV

    (National Institute for Economic Research, Moldova)

  • Tatiana GUTIUM

    (Academy of Economic Studies of MoldovaNational Institute for Economic Research, Moldova)

  • Alexandru CEBAN

Abstract

The shadow economy is the bane of modern society. Paradoxically, as the community is poorer, the level of the shadow economy is higher, which in turn leads to lower allocations in the budget, and as a consequence reduces social benefits, reducing the real wages of public sector employees, and the decline in living standards. Therefore, evaluation of the shadow economy is actual for any country in the world. The purpose of research is assessment of the shadow economy in the Republic of Moldova for 2014. From the methodological point of view, the authors used input-output balance method to identify and assess non-observed economy. As a result, the authors had identified elements of non-observed economy for a product group, and had calculated the losses of the state budget.

Suggested Citation

  • Valentina GANCIUCOV & Tatiana GUTIUM & Alexandru CEBAN, 2016. "Assessment Of Shadow Economy In Moldova Using The Input-Output Model In 2014," ECONOMY AND SOCIOLOGY: Theoretical and Scientifical Journal, Socionet;Complexul Editorial "INCE", issue 1, pages 50-56.
    • Handle: RePEc:nos:ycriat:258
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    Citations

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    Cited by:

    1. Angela TIMUS & Alexandru CEBAN, 2020. "Highlights, Concepts And Methods In Addressing The Shadow Economy: Theoretical Approach And Some Countries’ Experience," Contemporary Economy Journal, Constantin Brancoveanu University, vol. 5(3), pages 66-82.
    2. CEBAN, Alexandru, 2020. "Assessment Of The Shadow Economy In The Republic Of Moldova: Theoretical Grounding And Practical Results Of The Input-Output Model," Studii Financiare (Financial Studies), Centre of Financial and Monetary Research "Victor Slavescu", vol. 24(4), pages 68-86, December.

    More about this item

    Keywords

    shadow economy; input-output models; uses; export; import.;
    All these keywords.

    JEL classification:

    • C67 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Input-Output Models
    • H69 - Public Economics - - National Budget, Deficit, and Debt - - - Other
    • P28 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Natural Resources; Environment
    • Q34 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Natural Resources and Domestic and International Conflicts
    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement

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