METHODOLOGICAL APPROACHES TO THE ECONOMETRIC ASSESSMENT OF LOCAL BUDGET REVENUE GROWTH THROUGH THE LEGALIZATION OF THE SHADOW ECONOMY | Zenodo Skip to main Communities My dashboard Log in Sign up Published April 21, 2026 | Version v1 Journal article Open METHODOLOGICAL APPROACHES TO THE ECONOMETRIC ASSESSMENT OF LOCAL BUDGET REVENUE GROWTH THROUGH THE LEGALIZATION OF THE SHADOW ECONOMY Authors/Creators Azamjonov, Ulug'bek (Data collector) 1 Show affiliations 1.
Public safety University of the Republic of Uzbekistan Senior teacher of the Department of Economic Sciences, f.d.e.s (PhD) Description This article develops a methodological framework for measuring how the legalization of informal economic activity affects the growth of local budget revenues in Uzbekistan under rapidly changing digital, tax, and payment institutions. The study combines recent national reforms affecting individual entrepreneurs, self-employed persons, platform-based transactions, and non-cash payments with an econometric logic that links formalization intensity, turnover visibility, and tax mobilization at the territorial level. It is argued that legalization produces not only a direct tax effect through newly declared turnover, but also a secondary fiscal effect through improved payment traceability, lower compliance costs, wider administrative observability, and stronger alignment between economic circulation and local revenue collection. Files 43-52 Azamjonov JLE.pdf Files (963.8 kB) Name Size Download all 43-52 Azamjonov JLE.pdf md5:9da36ac9747ad3aad048d84ecd88960d 963.8 kB Preview Download Additional details References 1. President of the Republic of Uzbekistan. (2025, December 26). Address of the President of the Republic of Uzbekistan to the Oliy Majlis and the people of Uzbekistan. President.uz. 2. National database of legislation of the Republic of Uzbekistan. (2025, August 12). Presidential Resolution No. PQ-247, On measures to create favorable conditions for individual entrepreneurs and self-employed persons. Lex.uz. 3. National database of legislation of the Republic of Uzbekistan. (2025, December 25). Law No. O'RQ-1108, On amendments and additions to certain legislative acts in connection with the adoption of the main directions of tax and budget policy for 2026. Lex.uz. 4. Central Bank of the Republic of Uzbekistan. (2024). Annual report 2023. Tashkent: Central Bank. 5. Central Bank of the Republic of Uzbekistan. (2025). Annual report 2024. Tashkent: Central Bank. 6. Statistics Agency under the President of the Republic of Uzbekistan. (2025). Statistical releases on active individual entrepreneurs and small business dynamics. Stat.uz. 7. Medina, L., & Schneider, F. (2019). Shedding light on the shadow economy: A global database and the interaction with the official one. CESifo Working Paper No. 7981. 8. Williams, C. C., & Kedir, A. (2018). Evaluating competing theories of informal sector entrepreneurship: Some lessons from urban Ethiopia. International Journal of Social Economics, 45(7), 1031–1047. 9. World Bank. (2023). Digitalizing tax administration: Lessons for broadening the tax base in emerging economies. Washington, DC: World Bank. 10. International Monetary Fund. (2024). Fiscal monitor: Digitalization, compliance, and domestic revenue mobilization. Washington, DC: IMF. 11. Organisation for Economic Co-operation and Development. (2022). Tax morale II: Building trust between tax administrations and taxpayers. Paris: OECD Publishing. 12. Republic of Uzbekistan. (2019/2026 consolidated text). Tax Code of the Republic of Uzbekistan. Lex.uz. 53 Views 23 Downloads Show more details All versions This version Views Total views 53 53 Downloads Total downloads 23 23 Data volume Total data volume 23.1 MB 23.1 MB More info on how stats are collected.... Versions External resources Indexed in OpenAIRE Communities Keywords and subjects Keywords shadow economy legalization local budget revenues Details DOI DOI Badge DOI 10.5281/zenodo.19676098 Markdown [](https://doi.org/10.5281/zenodo.19676098) reStructuredText .. image:: https://zenodo.org/badge/DOI/10.5281/zenodo.19676098.svg :target: https://doi.org/10.5281/zenodo.19676098 HTML <a href="https://doi.org/10.5281/zenodo.19676098"><img src="https://zenodo.org/badge/DOI/10.5281/zenodo.19676098.svg" alt="DOI"></a> Image URL https://zenodo.org/badge/DOI/10.5281/zenodo.19676098.svg Target URL https://doi.org/10.5281/zenodo.19676098 Resource type Journal article Publisher Zenodo Published in JOURNAL OF LAW AND ECONOMICS, 9(02), 43-52, ISSN: 2984-8091, 2026. Languages English Rights License Creative Commons Attribution 4.0 International The Creative Commons Attribution license allows re-distribution and re-use of a licensed work on the condition that the creator is appropriately credited. Read more Citation Export Technical metadata Created April 21, 2026 Modified April 21, 2026 Jump up About About Policies Infrastructure Principles Projects Roadmap Contact Blog Blog Support Help FAQ Developers REST API OAI-PMH Contribute GitHub Donate Funded by Powered by CERN Data Centre & InvenioRDM Status Privacy policy Cookie policy Terms of Use This site uses cookies. Find out more on how we use cookies Accept all cookies Accept only essential cookies