Impact Of Underground Economy Upon The Romanian Economy
The present article shows estimates the size of underground economy in Romania during 1999 - 2012 (as a percentage of real GDP), carried out by Schneider by means of the MIMIC method. Moreover, the data on 2011 referring to this phenomenon are compared to the data on 30 different states in Europe. In addition, in order to emphasize the difficulty of the scientific endeavour of evaluating the size of the underground economy and especially to see what the endeavour is basically about, the MIMIC methodology has been shaped which is the procedure most frequently used by Schneider in his latest surveys. Using a linear regression model in the end of this article helps accomplish a prognosis of the size of Romania’s underground economy in 2013.
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Choi, Jay Pil & Thum, Marcel, 2003.
"Corruption and the shadow economy,"
Dresden Discussion Paper Series in Economics
02/03, Dresden University of Technology, Faculty of Business and Economics, Department of Economics.
- Albu, Lucian Liviu, 2008. "A Model To Estimate Spatial Distribution Of Informal Economy," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 5(4), pages 111-124, December.
- Bourbonnais, Régis & Andrei, Tudorel, 2008. "Econometrie," Economics Papers from University Paris Dauphine 123456789/7463, Paris Dauphine University.
- Allingham, Michael G. & Sandmo, Agnar, 1972. "Income tax evasion: a theoretical analysis," Journal of Public Economics, Elsevier, vol. 1(3-4), pages 323-338, November.
When requesting a correction, please mention this item's handle: RePEc:brc:journl:v:18:y:2012:i:4:p:5-12. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Dan MICUDA)
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.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with 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 profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.