IDEAS home Printed from https://ideas.repec.org/a/pes/iercxy/v5y2020i1p13-23.html
   My bibliography  Save this article

Ekonomiczne i finansowe przyczyny szarej strefy w Unii Europejskiej
[Economic and financial causes of the shadow economy in the European Union]

Author

Listed:
  • Paulina Pukin

    (University of Warmia and Mazury in Olsztyn, Poland)

Abstract

Motivation: The shadow economy is a global problem due to economic links and population migrations. An unofficial economy exists in every country. Its level and characteristics are determined by the socio-cultural, economic and political-legal factors. Aim: The aim of this article is to identify the causes of the shadow economy phenomenon and the description of its development in the European Union countries. Materials and methods: A critical analysis of the literature on the subject, both Polish and foreign, and a statistical analysis were used. Empirical material is the data of the World Bank, the International Monetary Fund, the Heritage Foundation and Transparency International. Results: In 2016, there was a strong relationship between the level of the shadow economy and the Index of Economic Freedom, the Index of Corruption Perception and GDP per capita. A much weaker relationship occurred between the scale of the unofficial economy and the unemployment rate. However, it cannot be concluded that this is not a factor influencing the decision to participate in the shadow economy.

Suggested Citation

  • Paulina Pukin, 2020. "Ekonomiczne i finansowe przyczyny szarej strefy w Unii Europejskiej [Economic and financial causes of the shadow economy in the European Union]," Catallaxy, Institute of Economic Research, vol. 5(1), pages 13-23, June.
    • Handle: RePEc:pes:iercxy:v:5:y:2020:i:1:p:13-23
    DOI: 10.24136/cxy.2020.002
    as

    Download full text from publisher

    File URL: http://dx.doi.org/10.24136/cxy.2020.002
    Download Restriction: no
    File URL: https://libkey.io/10.24136/cxy.2020.002?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    shadow economy; unofficial economy; European Union;
    All these keywords.

    JEL classification:

    • E26 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Informal Economy; Underground Economy
    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pes:iercxy:v:5:y:2020:i:1:p:13-23. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ilona Pietryka (email available below). General contact details of provider: https://edirc.repec.org/data/ibgtopl.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.