Estimating the Size of the Shadow Economy in the Czech Republic
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F14%3A86090772" target="_blank" >RIV/61989100:27510/14:86090772 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
Estimating the Size of the Shadow Economy in the Czech Republic
Original language description
About thirty years ago, economists specify the phenomenon of the shadow economy. Exploring the shadow economy has been accompanied by efforts to its precise definition, accurate measurement and interpretation of the consequences of this phenomenon. The main problem from the perspective of economic policy due to the existence of the shadow economy is its effect on the process of creating appropriate economic policies. The high level of the shadow economy is reflected in the unreliability of macroeconomicaggregates. The implementation of economic policy decisions based on these distorted macroeconomic data, are mostly ineffective. This article aims to estimate the size of the shadow economy in the Czech Republic between 1993 and 2013 using the monetaryapproach. Available empirical results point to a growing trend in the size of the shadow economy in the Czech Republic since 1993 to 2013, when its size in 2013 was estimated at 16% of GDP.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
AH - Economics
OECD FORD branch
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Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2014
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
Recenzovaný sborník příspěvků XII. mezinárodní vědecké konference Hospodářská politika v členských zemích Evropské unie : 16.-18. září 2014, Betline Forest Hotel, Ostravice
ISBN
978-80-7510-045-0
ISSN
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e-ISSN
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Number of pages
12
Pages from-to
338-349
Publisher name
Slezská univerzita v Opavě, Obchodně podnikatelská fakulta
Place of publication
Karviná
Event location
Ostravice
Event date
Sep 16, 2014
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
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