IMPACT OF UNDERGROUND ECONOMY UPON THE ROMANIAN ECONOMY

The present article shows estimates the size of underground economy in Romania during 1999 - 2012 (as a percentage of real GDP), carried out by Schneider by means of the MIMIC method. Moreover, the data on 2011 referring to this phenomenon are compared to the data on 30 different states in Europe. I...

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Main Author: Sorin-Daniel, Manole
Format: Article
Language:English
Published: Universităţii "Constantin Brâncoveanu" 2012-01-01
Series:Strategii Manageriale
Subjects:
Online Access:http://www.strategiimanageriale.ro/images/images_site/articole/article_8ed203a27d1505d5e5dd2d9719118edb.pdf
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author Sorin-Daniel, Manole
author_facet Sorin-Daniel, Manole
author_sort Sorin-Daniel, Manole
collection DOAJ
description The present article shows estimates the size of underground economy in Romania during 1999 - 2012 (as a percentage of real GDP), carried out by Schneider by means of the MIMIC method. Moreover, the data on 2011 referring to this phenomenon are compared to the data on 30 different states in Europe. In addition, in order to emphasize the difficulty of the scientific endeavour of evaluating the size of the underground economy and especially to see what the endeavour is basically about, the MIMIC methodology has been shaped which is the procedure most frequently used by Schneider in his latest surveys. Using a linear regression model in the end of this article helps accomplish a prognosis of the size of Romania’s underground economy in 2013.
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institution Kabale University
issn 1844-668X
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publishDate 2012-01-01
publisher Universităţii "Constantin Brâncoveanu"
record_format Article
series Strategii Manageriale
spelling doaj-art-5a6816cdaf2e4cd9a5ed3bc697cb57632025-08-20T03:56:18ZengUniversităţii "Constantin Brâncoveanu"Strategii Manageriale1844-668X2012-01-01V4(18)513IMPACT OF UNDERGROUND ECONOMY UPON THE ROMANIAN ECONOMYSorin-Daniel, ManoleThe present article shows estimates the size of underground economy in Romania during 1999 - 2012 (as a percentage of real GDP), carried out by Schneider by means of the MIMIC method. Moreover, the data on 2011 referring to this phenomenon are compared to the data on 30 different states in Europe. In addition, in order to emphasize the difficulty of the scientific endeavour of evaluating the size of the underground economy and especially to see what the endeavour is basically about, the MIMIC methodology has been shaped which is the procedure most frequently used by Schneider in his latest surveys. Using a linear regression model in the end of this article helps accomplish a prognosis of the size of Romania’s underground economy in 2013.http://www.strategiimanageriale.ro/images/images_site/articole/article_8ed203a27d1505d5e5dd2d9719118edb.pdfunderground economyfiscalityMIMICSchneider.
spellingShingle Sorin-Daniel, Manole
IMPACT OF UNDERGROUND ECONOMY UPON THE ROMANIAN ECONOMY
Strategii Manageriale
underground economy
fiscality
MIMIC
Schneider.
title IMPACT OF UNDERGROUND ECONOMY UPON THE ROMANIAN ECONOMY
title_full IMPACT OF UNDERGROUND ECONOMY UPON THE ROMANIAN ECONOMY
title_fullStr IMPACT OF UNDERGROUND ECONOMY UPON THE ROMANIAN ECONOMY
title_full_unstemmed IMPACT OF UNDERGROUND ECONOMY UPON THE ROMANIAN ECONOMY
title_short IMPACT OF UNDERGROUND ECONOMY UPON THE ROMANIAN ECONOMY
title_sort impact of underground economy upon the romanian economy
topic underground economy
fiscality
MIMIC
Schneider.
url http://www.strategiimanageriale.ro/images/images_site/articole/article_8ed203a27d1505d5e5dd2d9719118edb.pdf
work_keys_str_mv AT sorindanielmanole impactofundergroundeconomyupontheromanianeconomy