RE-ESTIMATION AND MODELLING SHADOW ECONOMY IN MALAYSIA: DOES FINANCIAL DEVELOPMENT MITIGATE SHADOW ECONOMY?

被引：0

作者：

Din, Badariah Haji ^{[1
]}

Habibullale, Muzafar Shah ^{[2
,3
]}

Hamid, Baharom Abdul ^{[4
]}

机构：

[1] Univ Utara Malaysia, Sintok, Kedah, Malaysia

[2] Univ Putra Malaysia, Upm Serdang, Selangor, Malaysia

[3] Putra Business Sch, Upm Serdang 43400, Selangor, Malaysia

[4] Int Ctr Educ Islamic Finance INCEIF, Kuala Lumpur, Federal Territo, Malaysia

来源：

INTERNATIONAL JOURNAL OF BUSINESS AND SOCIETY | 2019年 / 20卷 / 03期

关键词：

Shadow economy; Financial sector development; Tax burden; Malaysia; UNDERGROUND ECONOMY; MONETARY METHOD; TAX EVASION; SIZE; COINTEGRATION; COUNTRIES;

D O I：

暂无

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

The purpose of this study is to re-estimates the size of shadow economy in Malaysia and investigates the role play by the financial sector development in mitigating the size of shadow economy. Our results suggest that individual income tax burden has an impact on shadow economy in Malaysia; indicating that lower personal tax rate discourages people from participating in the shadow economy in Malaysia. On the other hand, increase in national income and government consumption also reduce shadow economy; while increase in misery increases shadow economy in Malaysia. One policy implication from this study is that the Malaysian government should embark on programs that can reduce the size of the shadow economy by removing barriers for easy access to the credit market and further reform of the financial sector should be the focus.

引用

页码：1062 / 1075

页数：14

共 50 条

[21] THE DEVELOPMENT OF SHADOW ECONOMY IN EU TRANSFORMING COUNTRIES
Sagatova, Slavka
[J]. AKTUALNE PROBLEMY PODNIKOVEJ SFERY 2015, 2015, : 654 - 662
[22] Does tourism reduce the shadow economy? An international evidence
Nguyen, Canh Phuc
Schinckus, Christophe
Nguyen, Binh Quang
[J]. HELIYON, 2023, 9 (11)
[23] ADOPTION OF MIMIC MODEL FOR ESTIMATION OF DIGITAL SHADOW ECONOMY
Gaspareniene, Ligita
Remeikiene, Rita
Ginevicius, Romualdas
Schieg, Martin
[J]. TECHNOLOGICAL AND ECONOMIC DEVELOPMENT OF ECONOMY, 2018, 24 (04) : 1453 - 1465
[24] Does the shadow economy mitigate the effect of cashless payment technology on currency demand? dynamic panel evidence
Marmora, Paul
Mason, Brenden J.
[J]. APPLIED ECONOMICS, 2021, 53 (06) : 703 - 718
[25] The stability of the European financial system and the real economy in the shadow of the crisis
Karmann, Alexander
Liebig, Thilo
[J]. JOURNAL OF FINANCIAL STABILITY, 2015, 16 : 152 - 153
[26] Financial inclusion, the shadow economy and economic growth in developing economies
Younas, Zahid Irshad
Qureshi, Atiqa
Al-Faryan, Mamdouh Abdulaziz Saleh
[J]. STRUCTURAL CHANGE AND ECONOMIC DYNAMICS, 2022, 62 : 613 - 621
[27] Economic and Financial Crime: Corruption, Shadow Economy, and Money Laundering
Schneider, Friedrich
[J]. RISKS, 2021, 9 (04)
[28] FRAUD WITH FINANCIAL RESOURCES OF THE STATE: TYPES AND EFFECT ON THE SHADOW ECONOMY
Kizyma, T. O.
Lobodina, Z. M.
Khamyha, Yu. Ya.
[J]. FINANCIAL AND CREDIT ACTIVITY-PROBLEMS OF THEORY AND PRACTICE, 2019, 2 (29): : 355 - 363
[29] Shadow economy-financial sustainability nexus: the case of Palestine
Abuamsha, Mohammad Kamal
Hattab, Lana Majdi
[J]. JOURNAL OF ECONOMIC STUDIES, 2024, 51 (02) : 375 - 393
[30] Mitigating the shadow economy through financial sector development in Indonesia: some empirical results
Safuan, Sugiharso
Habibullah, Muzafar Shah
Sugandi, Eric Alexander
[J]. HELIYON, 2021, 7 (12)

← 1 2 3 4 5 →