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An Analysis of Underground Economy in Romania

Author

Listed:
  • Gabriela Corina Slusariuc

    (University of Petroşani, Romania)

Abstract

Shadow economy is a negative phenomenon, which exists in all countries of the world, in varying proportions in GDP, being an unavoidable component of a country's economy. Estimating the underground economy is a difficult issue, the real size of the underground economy remains unknown and the controlling of it is almost impossible.

Suggested Citation

  • Gabriela Corina Slusariuc, 2017. "An Analysis of Underground Economy in Romania," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 17(2), pages 265-272.
    • Handle: RePEc:pet:annals:v:17:y:2017:i:2:p:265-272
    as

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    File URL: https://www.upet.ro/annals/economics/pdf/2017/p2/Slusariuc.pdf
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    References listed on IDEAS

    as
    1. 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.
    2. Jay Pil Choi & Marcel Thum, 2005. "Corruption And The Shadow Economy," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 46(3), pages 817-836, August.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    control; underground economy; clandestine work; economic development; tax avoidance; GDP;
    All these keywords.

    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
    • D78 - Microeconomics - - Analysis of Collective Decision-Making - - - Positive Analysis of Policy Formulation and Implementation
    • H11 - Public Economics - - Structure and Scope of Government - - - Structure and Scope of Government
    • H26 - Public Economics - - Taxation, Subsidies, and Revenue - - - Tax Evasion and Avoidance
    • K42 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior - - - Illegal Behavior and the Enforcement of Law
    • O57 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries

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