DYNAMICS OF SHADOW ECONOMY IN RUSSIA

  • Margarita Perova Vologda State University, Russia
  • Evgeniy Perov Vologda Scientific Centre for Studying Social and Economic Conflicts, Russia

Abstract

The article considers methods for the assessment of the shadow economy that are used worldwide. It demonstrates the possibilities of the application of the physical input method, the method of the comparison of income and expenditure, currency demand method for the assessment of the shadow economy. The article presents the results of the assessment of the shadow economy in dynamics when using the indicator of the share of hidden wages. It suggests the dynamic equation of the share of hidden wages that allows the projected values of the indicator to be set for the short term at current trends. Regression equations make it possible to determine the projected values of the share of hidden wages depending on the variation of factor attributes affecting the level of the shadow economy.

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Published
2016-01-04
How to Cite
Perova, M., & Perov, E. (2016). DYNAMICS OF SHADOW ECONOMY IN RUSSIA. European Scientific Journal, ESJ, 11(10). https://doi.org/10.19044/esj.2015.v11n10p%p