State of shadow economic activity in Russian regions

Olga M. Lizina (lizinaom@yandex.ru)
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Olga M. Lizina: shadow economy; region; economic security; corruption; state regulation

Economic Consultant, 2020, vol. 32, issue 4, 73-82

Abstract: Introduction. The level of the shadow economy is important for the development of any state, identifying the goals and priorities of its development. The shadow economy in Russia is the leading one among the problems that destroy the state system and pose a serious threat to national economic security. Materials and Methods. To identify the state of the shadow economy in the Russian Federation in the context of its regions, the tax approach was used, on the basis of which the GRP indicators and components were analyzed. Results. A comparison of statistical data with those provided by the Federal Tax Service made it possible to identify the scale of the shadow economy in Russian regions over the period from 2007 to 2018. An analysis of the data showed that from 2007 to 2009. there was a decrease in the level of the shadow economy, and, since 2009, its growth has been noted in most regions. Conclusion. The presence of unaccounted economic activity in all Russian regions poses a threat not only to the economic security of individual regions but also to the safe and sustainable development of the entire state. Analysis of the state of the shadow economy in Russian regions showed the unevenness of its development in different regions. To conduct an effective policy of countering shadow economic processes, it is important to identify their scale and take regional characteristics into account.

Keywords: shadow economy; region; economic security; corruption; state regulation (search for similar items in EconPapers)
JEL-codes: E26 (search for similar items in EconPapers)
Date: 2020
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