Research Article

THE IMPACT OF ECONOMIC FREEDOM ON THE SHADOW ECONOMY: PANEL ANALYSIS

Volume: 2019 Number: 2 December 11, 2019
TR EN

THE IMPACT OF ECONOMIC FREEDOM ON THE SHADOW ECONOMY: PANEL ANALYSIS

Abstract

This study aims to find the relationship between economic freedom and the size of the shadow economy in 153 countries for the period between 1999 and 2013. Panel fixed effects (FEM) and panel random effects models (REM) are utilized based on the Hausman test results. Employment and economic freedom indicators are found to be in negative association with the size of the shadow economy. On the other hand, tax burden and employment positively affect the size of the shadow economy. The most effective freedom indicators on the shadow economy are overall economic freedom and business freedom, but the least effective is investment freedom.


Keywords

References

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Details

Primary Language

English

Subjects

-

Journal Section

Research Article

Publication Date

December 11, 2019

Submission Date

October 30, 2019

Acceptance Date

December 11, 2019

Published in Issue

Year 2019 Volume: 2019 Number: 2

APA
Yalçınkaya Koyuncu, J., & Ünal, H. S. (2019). THE IMPACT OF ECONOMIC FREEDOM ON THE SHADOW ECONOMY: PANEL ANALYSIS. Sosyal Bilimler Metinleri, 2019(2), 35-46. https://izlik.org/JA62JA23HY
AMA
1.Yalçınkaya Koyuncu J, Ünal HS. THE IMPACT OF ECONOMIC FREEDOM ON THE SHADOW ECONOMY: PANEL ANALYSIS. Sosyal Bilimler Metinleri. 2019;2019(2):35-46. https://izlik.org/JA62JA23HY
Chicago
Yalçınkaya Koyuncu, Jülide, and Hüseyin Safa Ünal. 2019. “THE IMPACT OF ECONOMIC FREEDOM ON THE SHADOW ECONOMY: PANEL ANALYSIS”. Sosyal Bilimler Metinleri 2019 (2): 35-46. https://izlik.org/JA62JA23HY.
EndNote
Yalçınkaya Koyuncu J, Ünal HS (December 1, 2019) THE IMPACT OF ECONOMIC FREEDOM ON THE SHADOW ECONOMY: PANEL ANALYSIS. Sosyal Bilimler Metinleri 2019 2 35–46.
IEEE
[1]J. Yalçınkaya Koyuncu and H. S. Ünal, “THE IMPACT OF ECONOMIC FREEDOM ON THE SHADOW ECONOMY: PANEL ANALYSIS”, Sosyal Bilimler Metinleri, vol. 2019, no. 2, pp. 35–46, Dec. 2019, [Online]. Available: https://izlik.org/JA62JA23HY
ISNAD
Yalçınkaya Koyuncu, Jülide - Ünal, Hüseyin Safa. “THE IMPACT OF ECONOMIC FREEDOM ON THE SHADOW ECONOMY: PANEL ANALYSIS”. Sosyal Bilimler Metinleri 2019/2 (December 1, 2019): 35-46. https://izlik.org/JA62JA23HY.
JAMA
1.Yalçınkaya Koyuncu J, Ünal HS. THE IMPACT OF ECONOMIC FREEDOM ON THE SHADOW ECONOMY: PANEL ANALYSIS. Sosyal Bilimler Metinleri. 2019;2019:35–46.
MLA
Yalçınkaya Koyuncu, Jülide, and Hüseyin Safa Ünal. “THE IMPACT OF ECONOMIC FREEDOM ON THE SHADOW ECONOMY: PANEL ANALYSIS”. Sosyal Bilimler Metinleri, vol. 2019, no. 2, Dec. 2019, pp. 35-46, https://izlik.org/JA62JA23HY.
Vancouver
1.Jülide Yalçınkaya Koyuncu, Hüseyin Safa Ünal. THE IMPACT OF ECONOMIC FREEDOM ON THE SHADOW ECONOMY: PANEL ANALYSIS. Sosyal Bilimler Metinleri [Internet]. 2019 Dec. 1;2019(2):35-46. Available from: https://izlik.org/JA62JA23HY