@article{article_1136586, title={THE EFFECT OF SELECTED MACROECONOMIC INDICATORS ON THE INFORMAL ECONOMY: THE CASE OF THE BALKAN COUNTRIES AND TURKEY}, journal={Uluslararası İktisadi ve İdari İncelemeler Dergisi}, pages={61–72}, year={2023}, DOI={10.18092/ulikidince.1136586}, author={Çelik, Duygu}, keywords={Balkan Countries, Informal Economy, Economic Growth}, abstract={In this study, using the data between 1990 and 2018, the effect of various macroeconomic indicators on the informal economy was investigated for 9 Balkan countries consisting of Greece, Slovenia, Bulgaria, Albania, Bosnia and Herzegovina, Croatia, Hungary and North Macedonia and Turkey. According to the results of the study, a one-unit increase in national income reduces the informal economy by 5.53 units. A one-unit increase in gross fixed capital formation increases the informal economy by 0.266 units. A one-unit increase in unemployment increases the informal economy by 0.164 units. A one-unit increase in inflation increases the informal economy by 0.007 units. A one-unit increase in taxes on goods and services reduces the informal economy by 1.18 units. There is a positive and significant relationship between income inequality and the informal economy. A one-unit increase in income inequality increases the informal economy by 0.361 units.}, number={38}, publisher={Kenan ÇELİK}