أثر اقتصاد الظل على كل من التضخم و إيرادات الضرائب في مصر خلال الفترة من 1996-2017

Abstract EN

The shadow economy represents a significant proportion in most economies at the moment, including Egypt, and this reflects negatively on the national economy, where the shadow economy erodes the tax base and then reduces tax revenues, since it cannot be taxed, therefore forcing governments to resort to other ways to finance their expenditures.

Accordingly, increasing the size of the shadow economy provides the impetus for converting sources of revenue from taxes to financing through inflation tax, in line with the motivation to finance public expenditures.

The aim of the study is to determine the impact of the hidden economy as an independent variable on both inflation and tax revenues as dependent variables in Egypt during the period 1996-2017 using the least squares method (OLS method).

According to the results of the econometric model, the study found a significant positive effect of the shadow economy on inflation in Egypt, while the effect of the shadow economy on tax revenues was negative.