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Persistent link: https://www.econbiz.de/10010392853
The article addresses a topical issue which is extremely relevant in crisis periods - evaluation of the level of the shadow economy in all Lithuanian regions. By applying the MIMIC modelling, three equations were developed for three different periods: economic upturn, economic downturn (crisis)...
Persistent link: https://www.econbiz.de/10013257005
This article is aimed at identification of the shadow economy's causal factors and indicators in 19 Eurozone member states over the period from 2005 to 2016. Application of the MIMIC model has allowed to identify the following causal factors of the shadow economy in the Eurozone: employment...
Persistent link: https://www.econbiz.de/10012174961
Foreign direct investment (FDI) inflows have increased considerably in the globalized world as of the mid-1980s. The main objective of this research is to analyze interactions between FDI inflows and financial sector development in Central and Eastern European Union countries between 1996 and...
Persistent link: https://www.econbiz.de/10011883255
The shadow economy has been a serious problem with varying dimensions in all the income group economies and has significant adverse effects on the development of economies. Therefore, all the countries have tried to combat with the shadow economy by taking various measures. This study researches...
Persistent link: https://www.econbiz.de/10011581606
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This paper analyses the impact of insurance sector development on economic growth based on a sample that includes 14 Central and Eastern European (CEE) post-transition countries for a period of 19 years, from 1998 to 2016. Considering the presence of cross-section dependence and multiple...
Persistent link: https://www.econbiz.de/10012506291
Entrepreneurship has become an important tool for job creation, economic growth, improvements in productivity and production, and innovation. Therefore, key country and individual-level factors driving entrepreneurship have been explored in the related literature. Furthermore, entrepreneurial...
Persistent link: https://www.econbiz.de/10013500929
The presence of the shadow economy differs considerably among the countries. Therefore, determination of factors behind the differences in the size of cross-country shadow economy becomes more of an issue for designing and implementing the right policies to combat the shadow economy. This study...
Persistent link: https://www.econbiz.de/10012193366