DETERMINANTS OF THE SHADOW ECONOMY: A CONCEPTUAL CLASSIFICATION AND CROSSCOUNTRY EVIDENCE

Rakhmonov , Azizjon

Муҳандислик ва Иқтисодиёт · 2026-yil

Annotatsiya

This study examines the principal determinants of the shadow economy using cross-country evidence. It developsa conceptual classification of the main drivers of informality and analyzes their relative importance across countrieswith different levels of shadow economic activity. The findings indicate that institutional quality and fiscal policy are thetwo most influential policy dimensions. Stronger control of corruption is associated with smaller shadow economies, whilethe structure of taxation appears to be more important than the overall tax burden. The study concludes that effectiveanti-informality policies should be tailored to countries’ levels of economic and institutional development rather than beingbased on a uniform reform strategy.

Maqola ma’lumotlari
MualliflarRakhmonov , Azizjon
JurnalМуҳандислик ва Иқтисодиёт
Nashr sanasi2026-07-01
Jild4
Son7
Betlar395-402
TilIngliz

Kalit so‘zlar

shadow economy; informal economy; institutional quality; corruption; tax burden; tax structure; fiscal policy; tax administration; cross-country analysis.

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