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...

Ausführliche Beschreibung

Gespeichert in:
Bibliographische Detailangaben
Veröffentlicht in:Journal of policy modeling 2015-11, Vol.37 (6), p.1049-1064
Hauptverfasser: González-Fernández, Marcos, González-Velasco, Carmen
Format: Artikel
Sprache:eng
Schlagworte:
Online-Zugang:Volltext
Tags: Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
container_end_page 1064
container_issue 6
container_start_page 1049
container_title Journal of policy modeling
container_volume 37
creator González-Fernández, Marcos
González-Velasco, Carmen
description 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 economy. By region, Andalucía and the Islas Canarias have the highest values for the shadow economy, whereas Madrid presents the lowest value. We extract some implications for the public authorities.
doi_str_mv 10.1016/j.jpolmod.2015.09.006
format Article
fullrecord <record><control><sourceid>proquest_cross</sourceid><recordid>TN_cdi_proquest_miscellaneous_1758939101</recordid><sourceformat>XML</sourceformat><sourcesystem>PC</sourcesystem><els_id>S016189381500099X</els_id><sourcerecordid>1758939101</sourcerecordid><originalsourceid>FETCH-LOGICAL-c467t-726ce295360add35223aaaab4916fbcbad2e69dca59e9e93368b4d50d10b08b13</originalsourceid><addsrcrecordid>eNqNkE1LxDAQQIMouK7-BKHgxUvrpGnS9CTL4hcseFDPIU1SN6Vt1qSr7L83dffkRWcOAzNvBuYhdIkhw4DZTZu1G9f1Tmc5YJpBlQGwIzTDvCQpBwbHaBY5nPKK8FN0FkILADROZoguBtntgg2Ja5JxbZKwltp9JUa5wfW7xA4_3ZeNHGxYJ968WzeEc3TSyC6Yi0Odo7f7u9flY7p6fnhaLlapKlg5pmXOlMkrShhIrQnNcyJj1EWFWVOrWurcsEorSSsTkxDG60JT0Bhq4DUmc3S9v7vx7mNrwih6G5TpOjkYtw0ClzT-VEUL_0ALzkvO8YRe_UJbt_XRw0QRVhQUCogU3VPKuxC8acTG2176ncAgJu-iFQfvYvIuoBLRe9y73e-ZKObTGi-CsmZQRltv1Ci0s39c-AYxC4zA</addsrcrecordid><sourcetype>Aggregation Database</sourcetype><iscdi>true</iscdi><recordtype>article</recordtype><pqid>1736445040</pqid></control><display><type>article</type><title>Analysis of the shadow economy in the Spanish regions</title><source>Elsevier ScienceDirect Journals</source><creator>González-Fernández, Marcos ; González-Velasco, Carmen</creator><creatorcontrib>González-Fernández, Marcos ; González-Velasco, Carmen</creatorcontrib><description>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 economy. By region, Andalucía and the Islas Canarias have the highest values for the shadow economy, whereas Madrid presents the lowest value. We extract some implications for the public authorities.</description><identifier>ISSN: 0161-8938</identifier><identifier>EISSN: 1873-8060</identifier><identifier>DOI: 10.1016/j.jpolmod.2015.09.006</identifier><identifier>CODEN: JPMOD5</identifier><language>eng</language><publisher>New York: Elsevier Inc</publisher><subject>Black economy ; Black market ; Currency Demand Approach ; Economic impact ; GDP ; Gross Domestic Product ; Hidden economy ; Income taxes ; Shadow economy ; Spain ; Studies</subject><ispartof>Journal of policy modeling, 2015-11, Vol.37 (6), p.1049-1064</ispartof><rights>2015 Society for Policy Modeling</rights><rights>Copyright Elsevier Sequoia S.A. Nov-Dec 2015</rights><lds50>peer_reviewed</lds50><woscitedreferencessubscribed>false</woscitedreferencessubscribed><citedby>FETCH-LOGICAL-c467t-726ce295360add35223aaaab4916fbcbad2e69dca59e9e93368b4d50d10b08b13</citedby><cites>FETCH-LOGICAL-c467t-726ce295360add35223aaaab4916fbcbad2e69dca59e9e93368b4d50d10b08b13</cites></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><linktohtml>$$Uhttps://dx.doi.org/10.1016/j.jpolmod.2015.09.006$$EHTML$$P50$$Gelsevier$$H</linktohtml><link.rule.ids>314,777,781,3537,27905,27906,45976</link.rule.ids></links><search><creatorcontrib>González-Fernández, Marcos</creatorcontrib><creatorcontrib>González-Velasco, Carmen</creatorcontrib><title>Analysis of the shadow economy in the Spanish regions</title><title>Journal of policy modeling</title><description>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 economy. By region, Andalucía and the Islas Canarias have the highest values for the shadow economy, whereas Madrid presents the lowest value. We extract some implications for the public authorities.</description><subject>Black economy</subject><subject>Black market</subject><subject>Currency Demand Approach</subject><subject>Economic impact</subject><subject>GDP</subject><subject>Gross Domestic Product</subject><subject>Hidden economy</subject><subject>Income taxes</subject><subject>Shadow economy</subject><subject>Spain</subject><subject>Studies</subject><issn>0161-8938</issn><issn>1873-8060</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2015</creationdate><recordtype>article</recordtype><recordid>eNqNkE1LxDAQQIMouK7-BKHgxUvrpGnS9CTL4hcseFDPIU1SN6Vt1qSr7L83dffkRWcOAzNvBuYhdIkhw4DZTZu1G9f1Tmc5YJpBlQGwIzTDvCQpBwbHaBY5nPKK8FN0FkILADROZoguBtntgg2Ja5JxbZKwltp9JUa5wfW7xA4_3ZeNHGxYJ968WzeEc3TSyC6Yi0Odo7f7u9flY7p6fnhaLlapKlg5pmXOlMkrShhIrQnNcyJj1EWFWVOrWurcsEorSSsTkxDG60JT0Bhq4DUmc3S9v7vx7mNrwih6G5TpOjkYtw0ClzT-VEUL_0ALzkvO8YRe_UJbt_XRw0QRVhQUCogU3VPKuxC8acTG2176ncAgJu-iFQfvYvIuoBLRe9y73e-ZKObTGi-CsmZQRltv1Ci0s39c-AYxC4zA</recordid><startdate>20151101</startdate><enddate>20151101</enddate><creator>González-Fernández, Marcos</creator><creator>González-Velasco, Carmen</creator><general>Elsevier Inc</general><general>Elsevier Sequoia S.A</general><scope>AAYXX</scope><scope>CITATION</scope><scope>8BJ</scope><scope>FQK</scope><scope>JBE</scope></search><sort><creationdate>20151101</creationdate><title>Analysis of the shadow economy in the Spanish regions</title><author>González-Fernández, Marcos ; González-Velasco, Carmen</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c467t-726ce295360add35223aaaab4916fbcbad2e69dca59e9e93368b4d50d10b08b13</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2015</creationdate><topic>Black economy</topic><topic>Black market</topic><topic>Currency Demand Approach</topic><topic>Economic impact</topic><topic>GDP</topic><topic>Gross Domestic Product</topic><topic>Hidden economy</topic><topic>Income taxes</topic><topic>Shadow economy</topic><topic>Spain</topic><topic>Studies</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>González-Fernández, Marcos</creatorcontrib><creatorcontrib>González-Velasco, Carmen</creatorcontrib><collection>CrossRef</collection><collection>International Bibliography of the Social Sciences (IBSS)</collection><collection>International Bibliography of the Social Sciences</collection><collection>International Bibliography of the Social Sciences</collection><jtitle>Journal of policy modeling</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>González-Fernández, Marcos</au><au>González-Velasco, Carmen</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>Analysis of the shadow economy in the Spanish regions</atitle><jtitle>Journal of policy modeling</jtitle><date>2015-11-01</date><risdate>2015</risdate><volume>37</volume><issue>6</issue><spage>1049</spage><epage>1064</epage><pages>1049-1064</pages><issn>0161-8938</issn><eissn>1873-8060</eissn><coden>JPMOD5</coden><abstract>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 economy. By region, Andalucía and the Islas Canarias have the highest values for the shadow economy, whereas Madrid presents the lowest value. We extract some implications for the public authorities.</abstract><cop>New York</cop><pub>Elsevier Inc</pub><doi>10.1016/j.jpolmod.2015.09.006</doi><tpages>16</tpages></addata></record>
fulltext fulltext
identifier ISSN: 0161-8938
ispartof Journal of policy modeling, 2015-11, Vol.37 (6), p.1049-1064
issn 0161-8938
1873-8060
language eng
recordid cdi_proquest_miscellaneous_1758939101
source Elsevier ScienceDirect Journals
subjects Black economy
Black market
Currency Demand Approach
Economic impact
GDP
Gross Domestic Product
Hidden economy
Income taxes
Shadow economy
Spain
Studies
title Analysis of the shadow economy in the Spanish regions
url https://sfx.bib-bvb.de/sfx_tum?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&ctx_tim=2025-01-21T01%3A20%3A58IST&url_ver=Z39.88-2004&url_ctx_fmt=infofi/fmt:kev:mtx:ctx&rfr_id=info:sid/primo.exlibrisgroup.com:primo3-Article-proquest_cross&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.atitle=Analysis%20of%20the%20shadow%20economy%20in%20the%20Spanish%20regions&rft.jtitle=Journal%20of%20policy%20modeling&rft.au=Gonz%C3%A1lez-Fern%C3%A1ndez,%20Marcos&rft.date=2015-11-01&rft.volume=37&rft.issue=6&rft.spage=1049&rft.epage=1064&rft.pages=1049-1064&rft.issn=0161-8938&rft.eissn=1873-8060&rft.coden=JPMOD5&rft_id=info:doi/10.1016/j.jpolmod.2015.09.006&rft_dat=%3Cproquest_cross%3E1758939101%3C/proquest_cross%3E%3Curl%3E%3C/url%3E&disable_directlink=true&sfx.directlink=off&sfx.report_link=0&rft_id=info:oai/&rft_pqid=1736445040&rft_id=info:pmid/&rft_els_id=S016189381500099X&rfr_iscdi=true