The methodology of digital shadow economy estimation

Gasparėnienė, Ligita; Bilan, Yuriy; Remeikienė, Rita; Ginevičius, Romualdas; Čepel, Martin

doi:10.15240/tul/001/2017-4-002

Cited by 3 publications

(3 citation statements)

References 27 publications

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“…The bidirectional effects of ICTs on the shadow economy are confirmed by some previous scientific findings (Bhattacharaya, 2019;Chacaltana et al, 2018;Chandra, 2017;Garcia-Murillo & Velez-Ospina, 2014Ilavarasan, 2019;Masiero, 2017;Rangaswamy, 2019) (see Table 2). Velez-Ospina (2014, 2017) raise the hypothesis that ICTs may contribute to reduction in the size of the shadow economy because, being multipurpose, they serve as an engine for the search of information on education, employment and public services which, in its turn, empowers population, provides wide opportunities for personal and professional improvement and makes public services easier accessible. However, the results of their studies indicate that ICTs can only party reduce the size of the shadow economy because despite the fact that they are linked to a wider and deeper access to information and other resources, the findings show that they also reduce transaction costs for informal activities, which promotes them being used as comparatively cheap informal business coordination technologies.…”

Section: Literature Reviewsupporting

confidence: 74%

ICT development and shadow economy: Empirical evidence from the EU transition economies

Remeikienė

Gasparėnienė

Bayar

et al. 2021

Economic Research-Ekonomska Istraživanja

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The substantial improvements in development information and communication technologies led many economic and non-economic implications for the countries and in turn motivated the researchers to question the various effects of ICT especially in the light of economic crime. This study explores the short and long run influence of information and communication technologies on the shadow economy in 11 post-transition EU members over 1996-2015 period through second generation panel cointegration and causality tests regarding the cross-sectional dependence. The economic analyses disclosed that ICT indicators and human development had significant effects on the size of shadow economy in both short and long run. It was found that growing ICTs lead to reduction on the size of the shadow economy; in addition, human capital improvement policies serve as an important factor when tackling the shadow economy.

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Section: Literature Reviewsupporting

confidence: 74%

ICT development and shadow economy: Empirical evidence from the EU transition economies

Remeikienė

Gasparėnienė

Bayar

et al. 2021

Economic Research-Ekonomska Istraživanja

Self Cite

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“…Intellectual activity in the structure of the digital economy as an object of cognition, the mental activity allows us to move from the consideration of thinking in general to creative thinking. Nowadays, creativity and innovation play a crucial role in creating sustainable competitive advantages (Gaspareniene et al, 2017;Mazhar & Jafri, 2017).…”

Section: Resultsmentioning

confidence: 99%

Digitalization Of The Russian Economy In The Context Of Technological Changes

Krasota¹

2022

The European Proceedings of Social and Behavioural Sciences

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In the conditions of technological changes in the economic system, the contours of the development of the basic branches of the economy are determined. The emergence of the latest digital technologies, platforms and infrastructures of economic life is largely transforming innovation and entrepreneurship. The purpose of the study is to analyse the impact of technological changes that increasingly determine the features of the digitalization of the economy. Within its framework, new types of trade, a new combination of economic resources in the production, distribution, exchange and consumption of goods and services in society are already being considered. In addition to using new tools for entrepreneurship, digital technology systems have broader implications for the creation and functioning of the modern Russian market. The formation of powerful new digital technologies and structures of economic life has largely transformed innovation and modern entrepreneurial activity. The development of digital technologies has made significant adjustments and new principles to the very mechanism of economic growth of the modern Russian state. In the new situation, a new set of economic growth goals is being formed. The essence and significance of the listed problems determined the subject and content of the study. The theoretical and methodological basis of the research is the conceptual provisions of fundamental and applied scientific works of leading domestic and foreign scientists on the problems of the digital economy. In the article, the authors consider the issues of the development of the digital transformation of the economy.

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“…M. Rochlitz, A.N. Pokida, L. Gaspareniene et al [11,12,13,14] estimated the dynamics of "shadow" processes. However, it should be pointed that these problems are not completely solved and require further study.…”

Section: Literary Reviewmentioning

confidence: 99%

Legalization of Shadow Economic Activity in Russia

Krasota¹,

Баженов²,

Polivaeva³

2019

Proceedings of the International Scientific Conference "Far East Con" (ISCFEC 2018)

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The publication examines the current issues of a legal policy in relation to the shadow economy. The authors also estimate certain factors and conditions of shadow economy's determination. The scholars propose legal measures, institutional and economic arrangements to insure the rule of law addressed to business. The researchers observe a model of macroeconomic balance that incorporates the amount of the recovery of corruption proceeds and its effect. The paper makes the case for developing a long-term state strategy for the shadow business sector's shift to the formal economy. Moreover, it justifies the necessity for total monitoring the status and trends of shadow economic dynamism. Keywords-shadow economic activity, legalizing the shadow economy, factors of shadow activity, multiplier of corruption seizures, supervisory authoritiesInternational Scientific Conference "Far East Con" (ISCFEC 2018)

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The methodology of digital shadow economy estimation

Cited by 3 publications

References 27 publications

ICT development and shadow economy: Empirical evidence from the EU transition economies

ICT development and shadow economy: Empirical evidence from the EU transition economies

Digitalization Of The Russian Economy In The Context Of Technological Changes

Legalization of Shadow Economic Activity in Russia

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