View More View Less
  • 1 Samara State University of Economics, Russia
  • | 2 Samara State University of Economics, Russia
  • | 3 Samara State University of Economics, Russia
  • | 4 Samara State University of Economics, Russia
Restricted access

Purchase article

USD  $25.00

1 year subscription (Individual Only)

USD  $700.00

This article aims to explore the relationship of the shadow economy with the institutional environment and develop practical recommendations for government policies around the world, and particularly in Russia. The urgency of the issue under research is caused by the existing need to study the shadow economy in order to find ways to reduce its scale and level out its negative externalities. Despite the fact that most of the papers focus on tax burden as a fundamental determinant of the shadow economy, the authors of this article believe that institutional tools can expand the boundaries of research on the content of the shadow economy as an economic category. Statistical analysis of 105 countries with different development levels revealed a stronger correlation between the quality of institutions and the size of the shadow economy than the one between total tax burden and the size of the shadow economy. The findings of this article can be useful in developing state strategies for combating the shadow economy and carrying out economic policies of the state as a whole.

  • Auzan, A. (2017): Institutional Economics: A New Institutional Economic Theory. Moscow: INFRA- M Publication (In Russian).

  • Cagan, P. (1958): The Demand for Currency Relative to the Total Money Supply. Journal of Political Economy, 66(4): 303328.

  • Dreher, A.Kotsogiannis, C.McCorriston, S. (2009): How do Institutions Affect Corruption and the Shadow Economy? International Tax and Public Finance, 16(6): 773796.

    • Search Google Scholar
    • Export Citation
  • De Soto, H. (2000): The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else. London: Bantam Press.

  • Elgin, C.Oztunali, O. (2014): Institutions, Informal Economy, and Economic Development. Emerging Markets Finance and Trade, 50(4): 145162.

    • Search Google Scholar
    • Export Citation
  • Enste, D. H. (2002): The Shadow Economy and Institutional Change in EU Accession Countries: A Two Pillar Strategy for the Challenges Ahead. www.csd.bg/fileSrc.php?id

    • Search Google Scholar
    • Export Citation
  • Feige, E. L. (1979): How Big is the Irregular Economy? Challenge, 22(5): 513.

  • Feige, E. L. (1980): A New Perspective on Macroeconomic Phenomena. The Theory and Measurement of the Unobserved Sector of the United States: Causes, Consequences and Implications. Wassenaar: Netherlands Institute for Advanced Studies.

    • Search Google Scholar
    • Export Citation
  • Friedman, E.Johnson, S.Kaufmann, D.Zoido-Lobaton, P. (2000): Dodging the Grabbing Hand: The Determinants of Unofficial Activity in 69 Countries. Journal of Public Economics, 76(3): 459493.

    • Search Google Scholar
    • Export Citation
  • Gutmann, P. (1977): The Subterranean Economy. Financial Analysts Journal, 33(6): 2634.

  • Giles, D. E. A. (1999): Measuring the Hidden Economy: Implications for Econometric Modelling. Economic Journal, 109(3): 370380.

  • Grossman, G. (1977): The Second Economy of the USSR. Problems of Communism, 26(5): 2540.

  • Hart, K. (1973): Informal Income Opportunities and Urban Employment in Ghana. Journal of Modern African Studies, 11 6189.

  • Hassan, M.Schneider, F. (2016): Size and Development of the Shadow Economies of 157 Worldwide Countries: Updated and New Measures from 1999 to 2013. IZA Discussion Paper, No. 10281.

    • Search Google Scholar
    • Export Citation
  • Hibbs, D. A. Jr.Piculescu, V. (2005): Institutions, Corruption and Tax Evasion in the Unofficial Economy. Göteborg University, Department of Economics.

    • Search Google Scholar
    • Export Citation
  • IMF (2012): World Economic Outlook: Growth Resuming, Dangers Remain. Washington, D.C.

  • IMF (2013): World Economic Outlook: Hopes, Realities, Risks.

  • Washington, D.C. Johnson, S.Kaufmann, D.Shleifer, A. (1997): The Unofficial Economy in Transition. Brookings Papers on Economic Activity, 2 159221.

    • Search Google Scholar
    • Export Citation
  • Johnson, S.Kaufmann, D.Zoido-Lobatón, P. (1998): Regulatory Discretion and the Unofficial Economy. American Economic Review, Papers and Proceedings, 88(2): 38792.

    • Search Google Scholar
    • Export Citation
  • Kaldor, N. (1956): Indian Tax Reform: Report of a Survey. Ministry of Finance, Dept. of Economic Affairs.

  • Katsenelinboigen, A. (1977): Coloured Markets in the Soviet Union. Soviet Studies, 29(1): 6285.

  • Kornai, J. (1980): Economics of Shortage. Amsterdam: North-Holland.

  • Lippert, O.Walker, M. (1997): The Underground Economy: Global Evidences of Its Size and Impact. Vancouver, B.C.: Frazer Institute.

    • Search Google Scholar
    • Export Citation
  • Levin, M.Satarov, G. (2000): Corruption and Institutions in Russia. European Journal of Political Economy, 16(1): 113132.

  • Luhmann, N. (1990): Essays on Self-Reference. Columbia University Press.

  • Mazhar, U. (2015): Does Regulatory Discretion Increase the Unofficial Economy? Evidence from Panel data. Acta Oeconomica, 65(1): 129141.

  • Schneiberg, M. (2005): Combining New Institutionalisms: Explaining Institutional Change in American Property Insurance. Sociological Forum, 20(1): 93137.

    • Search Google Scholar
    • Export Citation
  • Schneider, F.Williams, C. (2013): The Shadow Economy. London: The Institute of Economic Affairs.

  • Schneider, F.Raczkowski, K.Mróz, B. (2015): Shadow Economy and Tax Evasion in the EU. Journal of Money Laundering Control, 18(1): 3451.

    • Search Google Scholar
    • Export Citation
  • Schwab, K. (2013): The Global Competitiveness Report 2013–2014. Geneva: Word Economic Forum.

  • Smith, P. (1994): Assessing the Size of the Underground Economy: The Statistics Canada Perspectives. Statistics Canada, No. 28.

  • Thomas, J. J. (1992): Informal Economic Activity (LSE Handbooks in Economics). New Jersey, USA: Prentice-Hall.

Submit Your Manuscript
 
The author instruction is available in PDF.
Please, download the file from HERE.

 

The description of the refereeing procedure is available in PDF.
Please, download the file from HERE.

 

 

Senior editors

Editor(s)-in-Chief: Prof. Dr. Mihályi, Péter

Editor(s): Ványai, Judit

Editorial Board

  • Ádám Török (Chairman) / University of Pannonia; Budapest University of Technology and Economics
  • Edina Berlinger / Corvinus University of Budapest, Department of Finance
  • Péter Halmai / Budapest University of Technology and Economics; National University of Public Service
  • István Kónya / Institute of Economics Centre for Regional and Economic Studies, University of Pécs
  • János Köllő / Institute of Economics Centre for Regional and Economic Studies
  • István Magas / Corvinus University of Budapest, Department of World Economy; University of Physical Education, Department. of Sports and Decision Sciences
 

Advisory Board

  • Ǻslund, Anders, Institute of International Economics, Washington (USA)
  • Kolodko, Grzegorz, Kozminski University, Warsaw (Poland)
  • Mau, Vladimir, Academy of National Economy (Russia)
  • Messerlin, Patrick A, Groupe d’Economie Mondiale (France)
  • Saul Estrin, London School of Economics (UK)
  • Wagener, Hans-Jürgen, Europa Universität Viadrina (Germany)

Corvinus University of Budapest
Department of Economics
Fővám tér 8 Budapest, H-1093, Hungary

Indexing and Abstracting Services:

  • EconLit
  • Elsevier GEO Abstracts
  • GEOBASE
  • International Bibliographies IBZ and IBR
  • JEL
  • Referativnyi Zhurnal
  • RePEc
  • SCOPUS
  • Social Science Citation Index
  • Index Copernicus

 

2020  
Total Cites 275
WoS
Journal
Impact Factor
0,875
Rank by Economics 325/377 (Q4)
Impact Factor  
Impact Factor 0,534
without
Journal Self Cites
5 Year 0,500
Impact Factor
Journal  0,38
Citation Indicator  
Rank by Journal  Economics 347/549 (Q3)
Citation Indicator   
Citable 37
Items
Total 37
Articles
Total 0
Reviews
Scimago 13
H-index
Scimago 0,292
Journal Rank
Scimago Economics and Econometrics Q3
Quartile Score  
Scopus 225/166=1,4
Scite Score  
Scopus Economics and Econometrics 392/661 (Q3)
Scite Score Rank  
Scopus 0,668
SNIP  
Days from  289
sumbission  
to acceptance  
Days from  447
acceptance  
to publication  

2019  
Total Cites
WoS
212
Impact Factor 0,914
Impact Factor
without
Journal Self Cites
0,728
5 Year
Impact Factor
0,650
Immediacy
Index
0,156
Citable
Items
45
Total
Articles
45
Total
Reviews
0
Cited
Half-Life
3,9
Citing
Half-Life
9,5
Eigenfactor
Score
0,00015
Article Influence
Score
0,052
% Articles
in
Citable Items
100,00
Normalized
Eigenfactor
0,01891
Average
IF
Percentile
28,437
Scimago
H-index
12
Scimago
Journal Rank
0,439
Scopus
Scite Score
214/165=1,3
Scopus
Scite Score Rank
Economics and Econometrics 355/637 (Q3)
Scopus
SNIP
0,989

 

Acta Oeconomica
Publication Model Hybrid
Submission Fee none
Article Processing Charge 900 EUR/article
Printed Color Illustrations 40 EUR (or 10 000 HUF) + VAT / piece
Regional discounts on country of the funding agency World Bank Lower-middle-income economies: 50%
World Bank Low-income economies: 100%
Further Discounts Editorial Board / Advisory Board members: 50%
Corresponding authors, affiliated to an EISZ member institution subscribing to the journal package of Akadémiai Kiadó: 100%
Subscription fee 2021 Online subsscription: 588 EUR / 732 USD
Print + online subscription: 688 EUR / 860 USD
Subscription fee 2022 Online subsscription: 600 EUR / 750 USD
Print + online subscription: 704 EUR / 880 USD
Subscription Information Online subscribers are entitled access to all back issues published by Akadémiai Kiadó for each title for the duration of the subscription, as well as Online First content for the subscribed content.
Purchase per Title Individual articles are sold on the displayed price.

Acta Oeconomica
Language English
Size B5
Year of
Foundation
1966
Publication
Programme
2021 Volume 71
Volumes
per Year
1
Issues
per Year
4
Founder Magyar Tudományos Akadémia
Founder's
Address
H-1051 Budapest, Hungary, Széchenyi István tér 9.
Publisher Akadémiai Kiadó
Publisher's
Address
H-1117 Budapest, Hungary 1516 Budapest, PO Box 245.
Responsible
Publisher
Chief Executive Officer, Akadémiai Kiadó
ISSN 0001-6373 (Print)
ISSN 1588-2659 (Online)

Monthly Content Usage

Abstract Views Full Text Views PDF Downloads
Apr 2021 2 0 0
May 2021 10 0 0
Jun 2021 14 0 0
Jul 2021 7 0 0
Aug 2021 14 0 0
Sep 2021 0 0 0
Oct 2021 6 0 0