Tax burden and shadow economy growth in Russian regions

Estimating Shadow Economy and Tax Evasion by Considering the Variables of Government Financial Discipline and Behavioral Factors in Iran’s Economy

L ow tax incomes and the large size of the government in Iran lead into budget deficit, which increases the inflation rate. It also causes economic instability and fluctuations in inflation, leading to tax non-compliance and the transfer of people to the informal economy. Therefore, considering the variables of financial discipline and behavioral factors, this research examines the e...

Analysis of the shadow economy in the Spanish regions

The aim of this paper is to analyze the shadow economy in the Spanish Autonomous Communities. In so doing, we employ the Currency Demand Approach to analyze the 1987–2010 period. The results show that the size of the shadow economy ranges from 18% to 30% of regional GDP and an approximate mean value of 25% for the entire territory. The Personal Income Tax has the greatest impact on the shadow e...

Underground Economy And Tax Gap

Investigating the Relationship between Green Tax Reforms and Shadow Economy Using a CGE Model - A Case Study in Iran

I n the past decades, the effect of different tax amendments on various economic issues has been studied. The majority of these studies have avoided considering shadow economy as part of the calculation and analysis, and an issue, which has received little attention, is the relationship between green tax reforms and shadow economy, as for informal labor, which is well-connected to un...

Draft Informal Institutional Arrangements and Tax Evasion in the Russian Economy

The paper describes principal links between formal rules and informal practices in the Russian economy. It presents an analytical model of the informalization of rules, which includes the elements described below. Formal rules are imposed by the public officials in a way leaving room for their discretion and creating uncertainty for economic agents. Confronting high costs of compliance with the...