Shadow Economy and National Culturea Spatial Approach

  1. GLORIA ALARCÓN-GARCÍA 1
  2. JOSÉ DANIEL BUENDÍA AZORÍN 1
  3. MARÍA DEL MAR SÁNCHEZ DE LA VEGA 1
  1. 1 Universidad de Murcia
    info

    Universidad de Murcia

    Murcia, España

    ROR https://ror.org/03p3aeb86

Journal:
Hacienda Pública Española / Review of Public Economics

ISSN: 0210-1173

Year of publication: 2020

Issue: 232

Pages: 53-74

Type: Article

DOI: 10.7866/HPE-RPE.20.1.3 DIALNET GOOGLE SCHOLAR lock_openOpen access editor

More publications in: Hacienda Pública Española / Review of Public Economics

Abstract

This paper seeks to contribute to the empirical evidence on existing estimations of the factors partici- pating in shadow economy. The estimations correspond to the period 1999-2015, with a sample of 82 countries. The paper examines the effect of the Hofstede cultural variables, along with other socioeconomic fac- tors on the shadow economy, and incorporates the spatial variable as an additional explanatory variable. The estimation carried out as a novelty uses a panel model that incorporates the spatial filter technique. Our study confirms that national culture and how developed a country is are significant factors in ex- plaining the different levels of shadow economies.

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