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Journal > INFO ARTHA > FAKTOR - FAKTOR YANG MENENTUKAN BESARAN SHADOW ECONOMY PADA BRICS COUNTRIES DAN INDONESIA

 

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INFO ARTHA
Vol 1 (2016): Edisi Januari
FAKTOR - FAKTOR YANG MENENTUKAN BESARAN SHADOW ECONOMY PADA BRICS COUNTRIES DAN INDONESIA
Article Info   ABSTRACT
Published date:
07 Jun 2017
 
Shadow economy is a fact faced by all countries in the world. Despite the existence of the shadow economy which can not be disputed, the accurate information regarding the existence of shadow economy is very difficult to be obtained because all parties involved in it do not want to be identified (hidden nature). The aims of this study is to analyze the determinants that have significant influence on the shadow economy for BRICS Countries and Indonesia. Using panel data for 6 countries we find that the performance of government, intensity of regulatory on economic framework, tax burden significantly affect shadow economy. EGLS panel data analysis results reveal the key determinants of shadow economy estimates. Then, those determinants are used to compare the shadow economy among examined countries to obtain estimates of each countrys performance. In this research, Indonesia has relatively good performance compared with BRICS Countries regarding shadow economy determinants. 
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