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Corruption And The Underground Economy In Eu Countries

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  • IENOVAN ALEXANDRA ANA

    (WEST UNIVERSITY OF TIMISOARA, FACULTY OF ECONOMICS AND BUSINESS ADMINISTRATION)

Abstract

The paper deals with the issue of corruption and the underground economy, two phenomena of economic and financial criminality that are extremely spread in our days. The approaches made during the work concern both the theoretical and practical aspects of corruption and the underground economy for the member countries of the European Union during 2007-2015. The statistical technique used is the Pearson correlation, which maps the degree of linear association between the two variables. The results of the study do not demonstrate the direct relationship between corruption and the underground economy for the analyzed period. A high level of corruption does not positively determine the development of the underground economy. This research is purely based on information provided by recent research in the field. To overcome this limit we plan to conduct future research into two main directions: identifying the determinants of corruption and underground economy in Romania compared to other European countries.

Suggested Citation

  • Ienovan Alexandra Ana, 2018. "Corruption And The Underground Economy In Eu Countries," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 6, pages 190-196, December.
    • Handle: RePEc:cbu:jrnlec:y:2018:v:6:p:190-196
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    References listed on IDEAS

    as
    1. Oliver Reimers, 2015. "Tax Evasion and the Shadow Economy," ifo DICE Report, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 12(04), pages 61-62, January.
    2. Jakob Svensson, 2005. "Eight Questions about Corruption," Journal of Economic Perspectives, American Economic Association, vol. 19(3), pages 19-42, Summer.
    3. Axel Dreher & Friedrich Schneider, 2010. "Corruption and the shadow economy: an empirical analysis," Public Choice, Springer, vol. 144(1), pages 215-238, July.
    4. Oliver Reimers, 2015. "Tax Evasion and the Shadow Economy," ifo DICE Report, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 12(4), pages 61-62, 01.
    5. Friedrich Schneider & Andreas Buehn & Claudio Montenegro, 2010. "New Estimates for the Shadow Economies all over the World," International Economic Journal, Taylor & Francis Journals, vol. 24(4), pages 443-461.
    6. repec:ces:ifodic:v:12:y:2015:i:4:p:19149998 is not listed on IDEAS
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