Shadow economy and economic development: A panel cointegration and causality analysis
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F70883521%3A28120%2F20%3A63526711" target="_blank" >RIV/70883521:28120/20:63526711 - isvavai.cz</a>
Result on the web
<a href="https://www.inderscienceonline.com/doi/pdf/10.1504/IJEPEE.2020.107929" target="_blank" >https://www.inderscienceonline.com/doi/pdf/10.1504/IJEPEE.2020.107929</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1504/IJEPEE.2020.107929" target="_blank" >10.1504/IJEPEE.2020.107929</a>
Alternative languages
Result language
angličtina
Original language name
Shadow economy and economic development: A panel cointegration and causality analysis
Original language description
The main objective of the research is to study the link between the indicators of GDP and shadow economy. In the article the forms of impact of the shadow economy have been analysed. Its main social, political and economic implications have been determined. The analysis results of the indicators of the average GDP growth rates in EU member states in 1960-2016, showed that the current level of economic growth in Ukraine is much lower compared to other countries. Based on the analysis of static indicators of the social and economic stability (standard deviation, coefficient of variation, maximum and minimum value), direct and feedback links between the levels of economy shadowing and GDP have been demonstrated. In this case, the results of Granger test confirm specific hypotheses and determine the vectors of their interaction at different time horizons.
Czech name
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Czech description
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Classification
Type
J<sub>SC</sub> - Article in a specialist periodical, which is included in the SCOPUS database
CEP classification
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OECD FORD branch
50204 - Business and management
Result continuities
Project
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Continuities
V - Vyzkumna aktivita podporovana z jinych verejnych zdroju
Others
Publication year
2020
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
International Journal of Economic Policy in Emerging Economies
ISSN
1752-0452
e-ISSN
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Volume of the periodical
13
Issue of the periodical within the volume
2
Country of publishing house
CH - SWITZERLAND
Number of pages
21
Pages from-to
173-193
UT code for WoS article
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EID of the result in the Scopus database
2-s2.0-85087901276