TY  - JOUR
AU  - Krstić, G.
AU  - Schneider, F.
AU  - Arandarenko, M.
AU  - Arsić, M.
AU  - Radulović, Branko
AU  - Djignelović, S.
AU  - Janković, I.
PY  - 2015
UR  - https://ralf.ius.bg.ac.rs/handle/123456789/846
AB  - The shadow economy is one of the biggest challenges to the Serbian economy, with its consequences in terms of tax evasion, labour market distortion, unfair competition, and inefficient allocation of resources. It is a major obstacle to the development of a strong business sector and to building a well-functioning market economy. Even though the shadow economy is still an important safety net for many individuals and households in Serbia, the disadvantages for workers, business, and society at large far outweigh the advantages. This chapter summarizes the main findings and the proposed policy measures for formalising the shadow economy.
T2  - Contributions to Economics
T1  - Executive summary
EP  - 170
SP  - 159
VL  - 212
DO  - 10.1007/978-3-319-13437-6_10
UR  - conv_3406
ER  - 

@article{
author = "Krstić, G. and Schneider, F. and Arandarenko, M. and Arsić, M. and Radulović, Branko and Djignelović, S. and Janković, I.",
year = "2015",
abstract = "The shadow economy is one of the biggest challenges to the Serbian economy, with its consequences in terms of tax evasion, labour market distortion, unfair competition, and inefficient allocation of resources. It is a major obstacle to the development of a strong business sector and to building a well-functioning market economy. Even though the shadow economy is still an important safety net for many individuals and households in Serbia, the disadvantages for workers, business, and society at large far outweigh the advantages. This chapter summarizes the main findings and the proposed policy measures for formalising the shadow economy.",
journal = "Contributions to Economics",
title = "Executive summary",
pages = "170-159",
volume = "212",
doi = "10.1007/978-3-319-13437-6_10",
url = "conv_3406"
}

Krstić, G., Schneider, F., Arandarenko, M., Arsić, M., Radulović, B., Djignelović, S.,& Janković, I.. (2015). Executive summary. in Contributions to Economics, 212, 159-170.
https://doi.org/10.1007/978-3-319-13437-6_10
conv_3406

Krstić G, Schneider F, Arandarenko M, Arsić M, Radulović B, Djignelović S, Janković I. Executive summary. in Contributions to Economics. 2015;212:159-170.
doi:10.1007/978-3-319-13437-6_10
conv_3406 .

Krstić, G., Schneider, F., Arandarenko, M., Arsić, M., Radulović, Branko, Djignelović, S., Janković, I., "Executive summary" in Contributions to Economics, 212 (2015):159-170,
https://doi.org/10.1007/978-3-319-13437-6_10 .,
conv_3406 .

TY  - JOUR
AU  - Krstić, G.
AU  - Radulović, Branko
PY  - 2015
UR  - https://ralf.ius.bg.ac.rs/handle/123456789/842
AB  - Research to date on the shadow economy in South Eastern Europe and beyond has mainly focused on macro assessments of this phenomenon or on the socio-economic characteristics of individuals involved in these activities. There have been far fewer studies analysing the characteristics of businesses engaged in the shadow economy and the factors that drive them to operating informally. This chapter provides an analysis of the shadow economy in the business and entrepreneurial sectors using data from the Survey on Conditions for Doing Business in Serbia. This analysis is based on three indicators: (1) the share of business entities engaged in the shadow economy in the total number of business entities; (2) the share of informal workers in the total number of workers, both overall and by type; and (3) the share of cash payments in the total volume of payments. In addition to descriptive statistics that show how the shadow economy varies by key factors, the chapter provides econometric analysis identifying specific factors that are statistically significant in a company's decision to take part in the shadow economy.
T2  - Contributions to Economics
T1  - Shadow economy in the business and entrepreneurial sectors
EP  - 99
SP  - 77
VL  - 212
DO  - 10.1007/978-3-319-13437-6_6
UR  - conv_3371
ER  - 

@article{
author = "Krstić, G. and Radulović, Branko",
year = "2015",
abstract = "Research to date on the shadow economy in South Eastern Europe and beyond has mainly focused on macro assessments of this phenomenon or on the socio-economic characteristics of individuals involved in these activities. There have been far fewer studies analysing the characteristics of businesses engaged in the shadow economy and the factors that drive them to operating informally. This chapter provides an analysis of the shadow economy in the business and entrepreneurial sectors using data from the Survey on Conditions for Doing Business in Serbia. This analysis is based on three indicators: (1) the share of business entities engaged in the shadow economy in the total number of business entities; (2) the share of informal workers in the total number of workers, both overall and by type; and (3) the share of cash payments in the total volume of payments. In addition to descriptive statistics that show how the shadow economy varies by key factors, the chapter provides econometric analysis identifying specific factors that are statistically significant in a company's decision to take part in the shadow economy.",
journal = "Contributions to Economics",
title = "Shadow economy in the business and entrepreneurial sectors",
pages = "99-77",
volume = "212",
doi = "10.1007/978-3-319-13437-6_6",
url = "conv_3371"
}

Krstić, G.,& Radulović, B.. (2015). Shadow economy in the business and entrepreneurial sectors. in Contributions to Economics, 212, 77-99.
https://doi.org/10.1007/978-3-319-13437-6_6
conv_3371

Krstić G, Radulović B. Shadow economy in the business and entrepreneurial sectors. in Contributions to Economics. 2015;212:77-99.
doi:10.1007/978-3-319-13437-6_6
conv_3371 .

Krstić, G., Radulović, Branko, "Shadow economy in the business and entrepreneurial sectors" in Contributions to Economics, 212 (2015):77-99,
https://doi.org/10.1007/978-3-319-13437-6_6 .,
conv_3371 .

TY  - JOUR
AU  - Krstić, G.
AU  - Schneider, F.
AU  - Arandarenko, M.
AU  - Arsić, M.
AU  - Radulović, Branko
AU  - Djignelović, S.
AU  - Janković, I.
PY  - 2015
UR  - https://ralf.ius.bg.ac.rs/handle/123456789/837
AB  - This chapter summarises the main findings of the study and recommendations for formalising the shadow economy. First the chapter outlines the key causes of the shadow economy in Serbia and it then provides an estimate of the shadow economy in relation to GDP, estimates of various forms of the shadow economy in the sectors of businesses and entrepreneurs, and the businesses' and entrepreneurs' characteristics. This leads to an examination of the effects that formalising the shadow economy can have on the government budget and economic growth. The chapter then reviews the findings on the administrative and institutional capacities of the government institutions tasked with overseeing the operation of business entities. The policy recommendations that we propose are a set of preventive measures and incentives aimed at formalising the shadow economy which cover tax policy and regulation, labour market institutions, and the financial sector. The recommendations that entail building the administrative capacity of government bodies relate primarily to the institutions that oversee businesses with informal employees and/or that make and receive cash payments: the Tax Authority, the Labour Inspectorate, and the Market Inspectorate. The final part of the chapter provides the key recommendations for formalising the shadow economy for each of these areas, their sectoral coverage, the institutions responsible for conducting such measures, and the expected outcomes of their implementation.
T2  - Contributions to Economics
T1  - Main findings and recommendations
EP  - 158
SP  - 123
VL  - 212
DO  - 10.1007/978-3-319-13437-6_9
UR  - conv_3346
ER  - 

@article{
author = "Krstić, G. and Schneider, F. and Arandarenko, M. and Arsić, M. and Radulović, Branko and Djignelović, S. and Janković, I.",
year = "2015",
abstract = "This chapter summarises the main findings of the study and recommendations for formalising the shadow economy. First the chapter outlines the key causes of the shadow economy in Serbia and it then provides an estimate of the shadow economy in relation to GDP, estimates of various forms of the shadow economy in the sectors of businesses and entrepreneurs, and the businesses' and entrepreneurs' characteristics. This leads to an examination of the effects that formalising the shadow economy can have on the government budget and economic growth. The chapter then reviews the findings on the administrative and institutional capacities of the government institutions tasked with overseeing the operation of business entities. The policy recommendations that we propose are a set of preventive measures and incentives aimed at formalising the shadow economy which cover tax policy and regulation, labour market institutions, and the financial sector. The recommendations that entail building the administrative capacity of government bodies relate primarily to the institutions that oversee businesses with informal employees and/or that make and receive cash payments: the Tax Authority, the Labour Inspectorate, and the Market Inspectorate. The final part of the chapter provides the key recommendations for formalising the shadow economy for each of these areas, their sectoral coverage, the institutions responsible for conducting such measures, and the expected outcomes of their implementation.",
journal = "Contributions to Economics",
title = "Main findings and recommendations",
pages = "158-123",
volume = "212",
doi = "10.1007/978-3-319-13437-6_9",
url = "conv_3346"
}

Krstić, G., Schneider, F., Arandarenko, M., Arsić, M., Radulović, B., Djignelović, S.,& Janković, I.. (2015). Main findings and recommendations. in Contributions to Economics, 212, 123-158.
https://doi.org/10.1007/978-3-319-13437-6_9
conv_3346

Krstić G, Schneider F, Arandarenko M, Arsić M, Radulović B, Djignelović S, Janković I. Main findings and recommendations. in Contributions to Economics. 2015;212:123-158.
doi:10.1007/978-3-319-13437-6_9
conv_3346 .

Krstić, G., Schneider, F., Arandarenko, M., Arsić, M., Radulović, Branko, Djignelović, S., Janković, I., "Main findings and recommendations" in Contributions to Economics, 212 (2015):123-158,
https://doi.org/10.1007/978-3-319-13437-6_9 .,
conv_3346 .