Implications of Tax Revenue on Economy Growth in Nigeria

Autor:	Adewole Joseph Adeyinka, Idih Ogwu Emmanuel, Samuel Olusegun James
Rok vydání:	2019
Předmět:	Government Variables media_common.quotation_subject Geography Planning and Development Management Monitoring Policy and Law Gross domestic product Weak correlation Tax revenue Economy Order (exchange) Business Simple linear regression Public finance media_common
Zdroj:	American International Journal of Economics and Finance Research. 1:1-16
ISSN:	2642-2875 2642-2867
DOI:	10.46545/aijefr.v1i2.66
Popis:	The paper examined the implications of tax revenue on economy growth in Nigeria. The specific objective of this study is to examine the relationship between tax revenue and gross domestic product in Nigeria. Simple Regression was used to achieve the objective of this study. Secondary data will be sourced from International Monetary Fund’s Government Finance Statistics. It was revealed that there was a weak correlation between dependent and independent variable. It was also discovered that there was no significant relationship between tax revenue and gross domestic product in Nigeria. The study therefore recommends that Government should formulate policies that will minimize the volume of tax leakages in order to increase total tax revenue that will contribute positively to economic growth in Nigeria. The study also recommends that Government should always make sure that tax revenue is spent on social amenities and welfares of the Nigerian citizens.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::6c060bc1a284b617b860c51f3bb69ead https://doi.org/10.46545/aijefr.v1i2.66 Zobrazit plný text záznamu