Local government policy towards the financial instruments supporting entrepreneurship

Skica, Tomasz; Rodzinka, Jacek

doi:10.15678/eber.2021.090309

Cited by 7 publications

(2 citation statements)

References 27 publications

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“…Tax collection represents an important instrument of ensuring state stability and economic development (Majerová, 2016;Brederode, 2009). It can also be also used as a kind of instrument supporting business (Skica & Rodzinka, 2021). Ensuring compliance with tax laws is an enduring challenge for every government (Alm, 2021).…”

Section: General Overview Of the Tax Evasion Issuementioning

confidence: 99%

Tax evasion in the EU countries following a predictive analysis and a forecast model for Slovakia

Dobrovič

Rajnoha

Šuleř

2021

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Research background: Tax evasion is an urgent challenge for governments, as reaching sufficient level of tax revenues enable adequate sustainable economic development. The motivation for the research was thus the identification of the situation in the EU countries. Purpose of the article: The main research objective was to identify the extent of tax evasion in the EU countries, with a subsequent specific focus on the econometric predictive models and a forecast of their future development in the case of Slovakia as the poorest performing country of the V4 in this area. Methods: The research was primarily based on testing selected statistical indicators in the field of tax evasions expressed on the basis of the VAT gap. The data for the research was obtained from the EUROSTAT database and the international system VIES for the period between 2000 and 2017. In addition to panel graphs, the research hypotheses were tested primarily using a cluster analysis, t-test, time series analysis, and an analysis of the time series trend with 4 basic models: linear trend, quadratic trend, growth curve model, and S-curve model. On the basis of the Mean Absolute Percentage Error (MAPE), the S-Curve model was selected as the determining model of predicting tax evasion. Findings & value added: Based on the results of the cluster analysis, the EU countries were divided into five reference groups by the VAT gap value, using the VAT gap percentage share on the overall GDP value. The research also provides a unique methodological framework and a unique econometric model for predicting the future VAT gap in Slovakia as the poorest performing country of the V4 in this area, which is applicable to other V4 and EU countries. The research results also enable policy-makers in the EU countries and specifically also in Slovakia and other V4 countries to compare themselves explicitly with the reference countries of the EU in terms of tax evasion and subsequently adopt adequate measures to improve the effectiveness and performance in this field.

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Section: General Overview Of the Tax Evasion Issuementioning

confidence: 99%

Tax evasion in the EU countries following a predictive analysis and a forecast model for Slovakia

Dobrovič

Rajnoha

Šuleř

2021

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“…Hence, the approach in which entrepreneurship is described by the creation of new business entities is a relatively frequent topic of scientific research. At the same time, the cross-section of research in this area is vast and includes, among others, the dynamics of creating new economic entities and their determinants (Sutaria & Hicks, 2004;Mella, 2006), regional determinants of entrepreneurship (Fritsch, 1992;Davidsson et al, 1994;Armington & Acs, 2002;Karahasan, 2015), the influence of institutions on the creation of new companies (Estrin et al, 2013;, the relationship between entrepreneurship and social capital (De Clercq & Arenius, 2006;Klyver et al, 2008) and human capital (Davidsson & Honig, 2003;Morales & Roig, 2005), instrumentalisation of entrepreneurship support by local governments (Flieger, 2013;Katimertzopoulos & Vlados, 2017;Skica & Rodzinka, 2021) and others. Although the presented classification is not exhaustive, it is impossible not to notice that the multitude of research approaches and the diverse nature of the factors used to explain entrepreneurship is a function of the lack of a single, consistent and universal definition describing entrepreneurship and thus also its determinants (Kobia & Sikalieh, 2010).…”

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confidence: 99%

Financial Literacy and New Business Entry

Skica

Mikuš

Holienka

2022

Financial Internet Quarterly

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The issue of the relationship between financial literacy and entrepreneurship is still not a fully explored research area. On the one hand, there are common views that financial literacy and education in finance are necessary in every individual’s life, and that an insufficient level of financial literacy may result in erroneous economic decisions. On the other hand, research on the impact of narrowly defined financial literacy on business start-up decisions is still rare. As a result, there are no clear indications regarding the need for education in the area of finance in order to stimulate entrepreneurial decisions, including the survival of launched economic undertakings. This article deals with the relationship between financial literacy and chosen entrepreneurial aspects such as 1) Phases of Entrepreneurial Activity; 2) Entrepreneurial potential; 3) Motivation; 4) Involvement in the technology sector; and 5) Business exit reasons. All of the above aspects are embedded in the context of financial literacy. The article sheds light on the relationship between financial literacy and entrepreneurship and creates a background for further attempts to deepen understanding of this issue.

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How does income level, cultural values, and government support influence entrepreneurship: an integrated framework

Dackyirekpa,

Liang,

Ahakwa

et al. 2024

J Glob Entrepr Res

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Local government policy towards the financial instruments supporting entrepreneurship

Cited by 7 publications

References 27 publications

Tax evasion in the EU countries following a predictive analysis and a forecast model for Slovakia

Tax evasion in the EU countries following a predictive analysis and a forecast model for Slovakia

Financial Literacy and New Business Entry

How does income level, cultural values, and government support influence entrepreneurship: an integrated framework

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