EVALUATION OF THE LEVEL OF SHADOW ECONOMY IN LITHUANIAN REGIONS

The article addresses a topical issue which is extremely relevant in crisis periods – evaluation of the level shadow economy all Lithuanian regions. By applying MIMIC modelling, three equations were developed for different periods: economic upturn, downturn (crisis) and recovery. number immigrants, employment rate population’s density identified as major determinants are unique case Lithuania because they reveal that labour market (employment rate, immigrants) key factors show how municipalities address issues economy. 10 with respectively high or low levels ranked each period under consideration. maps illustrate general trends evolution This first study estimates size 60 (a small regional division) taken into account. Scientific novelty manifests through consideration proving significance immigration reducing disparities.