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Highlights, Concepts And Methods In Addressing The Shadow Economy: Theoretical Approach And Some Countries’ Experience

Author

Listed:
  • Angela TIMUS

    (National Institute for Economic Research, Republic of Moldova)

  • Alexandru CEBAN

    (National Institute for Economic Research, Republic of Moldova)

Abstract

From ancient times the shadow economy has always found various ways and means to have its presence in any national economy in various forms. The development of this phenomenon leads to an economic activity parallel to the official one, which will eventually lead to the loss of control of the state authorities. The paper aims to make a general analysis of the theoretical aspects of shadow economy, being focused on concept approach, methodology of evaluation, as well as presentation of some countries’ experience in assessing the shadow economy. Taking into account that the paper has a pronounced theoretical character, the research methods are mainly focused on bibliographic research of foreign and local articles of scholars who dedicated their work to assessing the shadow economy. At the same time, a series of other scientific research methods have been used such as: the logical-abstract method, the method of comparison, the monographic method, etc. The main results are focused on development of an own definition of shadow economy by the authors and assessment of evaluation methods through their advantages and limits.

Suggested Citation

  • 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.
    • Handle: RePEc:brc:brccej:v:5:y:2020:i:3:p:66-82
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    References listed on IDEAS

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    1. 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.
    2. Friedrich Schneider & Friedrich Schneider, 2008. "Shadow Economies and Corruption all over the World: What do we Really Know?," Chapters, in: Michael Pickhardt & Edward Shinnick (ed.), The Shadow Economy, Corruption and Governance, chapter 7, pages 122-187, Edward Elgar Publishing.
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    More about this item

    Keywords

    shadow economy; methods and models for measuring the shadow economy; assessment of shadow economy;
    All these keywords.

    JEL classification:

    • O17 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Formal and Informal Sectors; Shadow Economy; Institutional Arrangements
    • B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology

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