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An Analysis Of The Shadow Economy In Eu Countries


  • Brindusa Mihaela TUDOSE

    () (Gheorghe Asachi University of Iasi, Romania)

  • Raluca Irina CLIPA

    () (Alexandru Ioan Cuza University of Iasi, Romania)


The paper aims at analysing the dimension of the underground economy in the EU states between 2003 and 2015. In order to achieve this goal, we use qualitative and quantitative methods. In the first two sections of the study we resort to conceptualisation and bring up to date scientific contributions in the field of the shadow economy both in terms of its definition and the methods of quantifying the phenomenon. In the third section, based on the results of the latest research, we identify the dynamics of the underground economy on three levels: the EU-15 (before and after 2005); the EU-10 (before and after the accession of 10 countries in 2005) and the EU-3 (before and after 2007). The main conclusion is that regardless of the reporting level (national, European, world), the real size of the underground economy remains unknown.

Suggested Citation

  • Brindusa Mihaela TUDOSE & Raluca Irina CLIPA, 2016. "An Analysis Of The Shadow Economy In Eu Countries," CES Working Papers, Centre for European Studies, Alexandru Ioan Cuza University, vol. 8(2), pages 303-312, August.
  • Handle: RePEc:jes:wpaper:y:2016:v:8:i:2:p:303-312

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    References listed on IDEAS

    1. Friedrich Schneider & Dominik Enste, 1999. "Shadow Economies Around the World - Size, Causes, and Consequences," CESifo Working Paper Series 196, CESifo Group Munich.
    2. Dominik H. Enste & Friedrich Schneider, 2000. "Shadow Economies: Size, Causes, and Consequences," Journal of Economic Literature, American Economic Association, vol. 38(1), pages 77-114, March.
    3. Friedrich Schneider (ed.), 2011. "Handbook on the Shadow Economy," Books, Edward Elgar Publishing, number 13432.
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    More about this item


    shadow economy; MIMIC model;

    JEL classification:

    • O17 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Formal and Informal Sectors; Shadow Economy; Institutional Arrangements
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence


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