Entrepreneurship and informal economy. empirical description of the spanish company based on data provided by Global Entrepreneurship Monitor

10.21158/01208160.n84.2018.1915
Published 2018-04-16
Scientific articles

Abstract

                                                                 Rev.esc.adm.neg

This paper aims at describing and analyzing the profile of the Spanish company which performs its activities within an informal economy scheme, applying the survey method from the date base GEM- Global Entrepreneurship Monitor. Consequently, a general review of concepts and methods about the estimation of informal economy, as well as an international comparison to contextualize the current Spanish situation. At the same time, a model of logistic regression has been applied to describe the features which clearly explain different levels of informal economy in Spain. Its outcomes show that new- born companies stablished by necessity and formed by entrepreneurs younger than 42 years old which belong to the services sector tend to operate under an informal economy scheme. The region where the company is stablished and the rent level of the entrepreneur also influences on its level of informal economy.

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Authors

  • Carmen Lafuente Ibáñez

    Instituto Tecnológico y de Estudios Superiores de Monterrey

  • Ignacio López Domínguez

    Universidad Complutense de Madrid

  • Carlos Poza Lara

    Universidad Francisco de Vitoria

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