Corruption, the shadow economy and innovation in Spanish regions

The aim of this paper is to analyze the effects of corruption and the shadow economy on innovation in the Spanish regions between 2000 and 2012. For this purpose, we use different proxies to approximate corruption and the shadow economy. We find evidence that corruption negatively influences innovat...

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Main Authors: González-Fernández Marcos, González-Velasco Carmen, Fanjul-Suárez José-Luis
Format: Article
Language:English
Published: Economists' Association of Vojvodina 2020-01-01
Series:Panoeconomicus
Subjects:
Online Access:http://www.doiserbia.nb.rs/img/doi/1452-595X/2020/1452-595X1800003G.pdf
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spelling doaj-29153eaaf33d48bbb7d212198fc171082020-11-25T03:26:40ZengEconomists' Association of VojvodinaPanoeconomicus1452-595X2217-23862020-01-0167450953710.2298/PAN170605003G1452-595X1800003GCorruption, the shadow economy and innovation in Spanish regionsGonzález-Fernández Marcos0González-Velasco Carmen1Fanjul-Suárez José-Luis2University of León, Faculty of Business and Economics, Department of Business Economics and Management, Campus de Vegazana, León, SpainUniversity of León, Faculty of Business and Economics, Department of Business Economics and Management, Campus de Vegazana, León, SpainUniversity of León, Faculty of Business and Economics, Department of Business Economics and Management, Campus de Vegazana, León, SpainThe aim of this paper is to analyze the effects of corruption and the shadow economy on innovation in the Spanish regions between 2000 and 2012. For this purpose, we use different proxies to approximate corruption and the shadow economy. We find evidence that corruption negatively influences innovation according to the results of the estimations. Regarding the effect of the shadow economy on innovation, the results also suggest that tax fraud, which is directly related to underground activities, leads to a decrease in regional innovation.http://www.doiserbia.nb.rs/img/doi/1452-595X/2020/1452-595X1800003G.pdfinnovationcorruptionshadow economyspanish regions
collection DOAJ
language English
format Article
sources DOAJ
author González-Fernández Marcos
González-Velasco Carmen
Fanjul-Suárez José-Luis
spellingShingle González-Fernández Marcos
González-Velasco Carmen
Fanjul-Suárez José-Luis
Corruption, the shadow economy and innovation in Spanish regions
Panoeconomicus
innovation
corruption
shadow economy
spanish regions
author_facet González-Fernández Marcos
González-Velasco Carmen
Fanjul-Suárez José-Luis
author_sort González-Fernández Marcos
title Corruption, the shadow economy and innovation in Spanish regions
title_short Corruption, the shadow economy and innovation in Spanish regions
title_full Corruption, the shadow economy and innovation in Spanish regions
title_fullStr Corruption, the shadow economy and innovation in Spanish regions
title_full_unstemmed Corruption, the shadow economy and innovation in Spanish regions
title_sort corruption, the shadow economy and innovation in spanish regions
publisher Economists' Association of Vojvodina
series Panoeconomicus
issn 1452-595X
2217-2386
publishDate 2020-01-01
description The aim of this paper is to analyze the effects of corruption and the shadow economy on innovation in the Spanish regions between 2000 and 2012. For this purpose, we use different proxies to approximate corruption and the shadow economy. We find evidence that corruption negatively influences innovation according to the results of the estimations. Regarding the effect of the shadow economy on innovation, the results also suggest that tax fraud, which is directly related to underground activities, leads to a decrease in regional innovation.
topic innovation
corruption
shadow economy
spanish regions
url http://www.doiserbia.nb.rs/img/doi/1452-595X/2020/1452-595X1800003G.pdf
work_keys_str_mv AT gonzalezfernandezmarcos corruptiontheshadoweconomyandinnovationinspanishregions
AT gonzalezvelascocarmen corruptiontheshadoweconomyandinnovationinspanishregions
AT fanjulsuarezjoseluis corruptiontheshadoweconomyandinnovationinspanishregions
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