Corruption, Shadow Economy and Economic Growth: An Empirical Survey Across the European Union Countries
This study was carried out to empirically investigate the relationships between corruption and shadow economy among the European Union countries, over the period 2005-2014. Moreover, since one would expect corruption and shadow economy to be more common in poorer countries, this study was therefore...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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Sciendo
2017-06-01
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| Series: | Studia Universitatis Vasile Goldis Arad, Seria Stiinte Economice |
| Subjects: | |
| Online Access: | https://doi.org/10.1515/sues-2017-0006 |
| _version_ | 1818486257970315264 |
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| author | Borlea Sorin Nicolae Achim Monica Violeta Miron Monica Gabriela A. |
| author_facet | Borlea Sorin Nicolae Achim Monica Violeta Miron Monica Gabriela A. |
| author_sort | Borlea Sorin Nicolae |
| collection | DOAJ |
| description | This study was carried out to empirically investigate the relationships between corruption and shadow economy among the European Union countries, over the period 2005-2014. Moreover, since one would expect corruption and shadow economy to be more common in poorer countries, this study was therefore carried out to determine how corruption and shadow economy affect economic development. The empirical findings of this study confirm a high and positive relationship between corruption and shadow economy, therefore a higher level of corruption involves a higher level of shadow economy. Regarding the influence of corruption and shadow economy on economic growth, a high and negative relationship was found. This means that increasing corruption and shadow economy negatively affects economic growth. |
| first_indexed | 2024-12-10T16:20:32Z |
| format | Article |
| id | doaj.art-e7ccbd2e6dac42148f624714b7551920 |
| institution | Directory Open Access Journal |
| issn | 2285-3065 |
| language | English |
| last_indexed | 2024-12-10T16:20:32Z |
| publishDate | 2017-06-01 |
| publisher | Sciendo |
| record_format | Article |
| series | Studia Universitatis Vasile Goldis Arad, Seria Stiinte Economice |
| spelling | doaj.art-e7ccbd2e6dac42148f624714b75519202022-12-22T01:41:51ZengSciendoStudia Universitatis Vasile Goldis Arad, Seria Stiinte Economice2285-30652017-06-01272193210.1515/sues-2017-0006sues-2017-0006Corruption, Shadow Economy and Economic Growth: An Empirical Survey Across the European Union CountriesBorlea Sorin Nicolae0Achim Monica Violeta1Miron Monica Gabriela A.2“Vasile Goldis” Western University of Arad, Arad, Romania“Babes-Bolyai” University, Cluj-Napoca, Romania“Babes-Bolyai” University, Cluj-Napoca, RomaniaThis study was carried out to empirically investigate the relationships between corruption and shadow economy among the European Union countries, over the period 2005-2014. Moreover, since one would expect corruption and shadow economy to be more common in poorer countries, this study was therefore carried out to determine how corruption and shadow economy affect economic development. The empirical findings of this study confirm a high and positive relationship between corruption and shadow economy, therefore a higher level of corruption involves a higher level of shadow economy. Regarding the influence of corruption and shadow economy on economic growth, a high and negative relationship was found. This means that increasing corruption and shadow economy negatively affects economic growth.https://doi.org/10.1515/sues-2017-0006corruptionshadow economyeconomic growth |
| spellingShingle | Borlea Sorin Nicolae Achim Monica Violeta Miron Monica Gabriela A. Corruption, Shadow Economy and Economic Growth: An Empirical Survey Across the European Union Countries Studia Universitatis Vasile Goldis Arad, Seria Stiinte Economice corruption shadow economy economic growth |
| title | Corruption, Shadow Economy and Economic Growth: An Empirical Survey Across the European Union Countries |
| title_full | Corruption, Shadow Economy and Economic Growth: An Empirical Survey Across the European Union Countries |
| title_fullStr | Corruption, Shadow Economy and Economic Growth: An Empirical Survey Across the European Union Countries |
| title_full_unstemmed | Corruption, Shadow Economy and Economic Growth: An Empirical Survey Across the European Union Countries |
| title_short | Corruption, Shadow Economy and Economic Growth: An Empirical Survey Across the European Union Countries |
| title_sort | corruption shadow economy and economic growth an empirical survey across the european union countries |
| topic | corruption shadow economy economic growth |
| url | https://doi.org/10.1515/sues-2017-0006 |
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