Copernican Journal of Finance & Accounting (Jun 2017)
THE LEVEL OF SHADOW ECONOMY IN WARMIŃSKO-MAZURSKI AND KUJAWSKO-POMORSKI REGIONS
Abstract
This paper offers the appraisal of the shadow economy in two regions in Poland: Kujawsko-Pomorskie and Warmińsko-Mazurskie. The MIMIC approach was applied. In the begging of analyzed period the higher level of shadow economy was perceived in Kujawsko-Pomorski region. Than the situation was changed. The slowly increased of shadow economy was observed in Warmińsko-Mazurski region but in Kujawsko-Pomorski region gradually the level of shadow economy declined.