EconPapers    
Economics at your fingertips  
 

ARE PRACTICES OF COMPETITORS IN THE INFORMAL SECTOR A MAJOR THREAT FOR HOTELS AND RESTAURANTS?

Ioana A. Horodni (), Colin Williams () and Ioana Horodnic
Additional contact information
Ioana A. Horodni: Alexandru Ioan Cuza University of Iasi, Iasi, Romania

THE YEARBOOK OF THE "GH. ZANE" INSTITUTE OF ECONOMIC RESEARCHES, 2016, vol. 25, issue 1, 49-60

Abstract: This paper evaluates the perceived impacts of the informal economy on registered business in the “hotels and restaurants” sector and identifies the characteristics of firms that perceive informal practices as the biggest obstacle faced in their activity. Reporting data from the Business Environment and Enterprise Performance Surveys conducted by the World Bank and the European Bank for Reconstruction and Development in 11 countries in Eastern Europe in 2013, the finding is that registered firms in the “hotels and restaurant” sector perceive informal practices as a bigger obstacle in their activity compared with firms in other sectors. Medium sized companies are less likely to consider the informal sector as the biggest obstacle faced in their activity, whilst a lack of subsidies reduces the likelihood of considering the informal sector as the biggest obstacle for the firm. The implications of the findings are then explored

Keywords: informal economy; tourism; small business; sharing economy; Eastern Europe (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://ices.ro/RePEc/zan/ygzier/2016/YGZIER_2016_V25_ISS1_49to60.pdf (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: https://EconPapers.repec.org/RePEc:zan:ygzier:v:25:y:2016:i:1:p:49-60

Access Statistics for this article

THE YEARBOOK OF THE "GH. ZANE" INSTITUTE OF ECONOMIC RESEARCHES is currently edited by STANCIU MONICA and Teodor Paduraru

More articles in THE YEARBOOK OF THE "GH. ZANE" INSTITUTE OF ECONOMIC RESEARCHES from Gheorghe Zane Institute for Economic and Social Research ( from THE ROMANIAN ACADEMY, JASSY BRANCH) Contact information at EDIRC.
Bibliographic data for series maintained by Alecu Ionel Ciprian ().

 
Page updated 2019-04-10
Handle: RePEc:zan:ygzier:v:25:y:2016:i:1:p:49-60