DETERMINING OF THE SCALES OF SHADOW ECONOMY ON THE BASIS OF COMPARATIVE ANALYSIS OF GDP AND VOLUME OF MONETARY CASH

ОПРЕДЕЛЕНИЕ МАСШТАБОВ ТЕНЕВОЙ ЭКОНОМИКИ НА ОСНОВЕ СРАВНИТЕЛЬНОГО АНАЛИЗА ДИНАМИКИ ВВП И ОБЪЕМА ДЕНЕЖНОЙ НАЛИЧНОСТИ

Sergey Kyurdzhiev (), Elena Peshkova, Mambetova Alexandra (Мамбетова А.А.) and Kituykova Dariya (Китюкова Д.С.)
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Mambetova Alexandra (Мамбетова А.А.): Rostov State University of Economics (RINH)
Kituykova Dariya (Китюкова Д.С.): South-Russia Institute of Management – branch of Russian Presidential Academy of National Economy and Public Administration

State and Municipal Management Scholar Notes, 2018, vol. 4, 96-101

Abstract: The article examines the assessment of the real scale of shadow activity. The author suggests an approach to determining the scale of the shadow economy, which is based on the relationship between the growth rates of nominal GDP and the amount of cash in the money supply. The formed multidimensional regression model is rather close to the data obtained empirically and can be used to determine the shadow factor of the Russian economy as a whole and the Rostov region in particular, based on the corresponding data in individual industries.

Keywords: shadow economy; national security; scope of shadow activity; correlation and regression analysis; factors reducing the informal sector; national income; economic policy; real macroindicators; statistical information (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (1)

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