Economics at your fingertips  

Corruption, the Shadow Economy and Innovation in Spanish Regions

Marcos González-Fernández, Carmen González-Velasco () and José-Luis Fanjul-Suárez ()

Panoeconomicus, 2020, vol. 67, issue 4, 509-537

Abstract: The aim of this paper is to analyze the effects of corruption and the shadow economy on innovation in the Spanish regions between 2000 and 2012. For this purpose, we use different proxies to approximate corruption and the shadow economy. We find evidence that corruption negatively influences innovation according to the results of the estimations. Regarding the effect of the shadow economy on innovation, the results also suggest that tax fraud, which is directly related to underground activities, leads to a decrease in regional innovation. Key words: Innovation, Corruption, Shadow economy, Spanish regions. JEL: R11, O32, O17, D73.

Keywords: innovation; corruption; shadow economy; Spanish regions (search for similar items in EconPapers)
Date: 2020
References: Add references at CitEc

Downloads: (external link) (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this article

Panoeconomicus is currently edited by Kosta Josifidis

More articles in Panoeconomicus from Savez ekonomista Vojvodine, Novi Sad, Serbia
Bibliographic data for series maintained by Savez ekonomista Vojvodine, Novi Sad, Serbia ().

Page updated 2024-03-31
Handle: RePEc:voj:journl:v:67:y:2020:i:4:p:509-537:id:461