Tax Revenue and Economic Growth in Nigeria. (An Econometric Approach)
Abstract
The study examined tax revenue and economic growth using an econometric approach. The specific objectives were: to examine the effect of taxation, domestic investment, government expenditure on economic growth in Nigeria. Exploratory design was employed to identify the factors that contribute to tax revenue on economic growth in Nigeria. Secondary sources of data was employed which includes Central Bank Statistical Bulletin .In analyzing the data gathered for this work, multiple regression model was employed to establish the relationship between dependent and independent variables. The study empirically examined the effect of the tax revenue on economic growth in Nigeria. The result revealed the positive relationship that existed between tax revenue and economic growth using GDP as an index economy. The study recommended that funds generated from the public should be properly utilized so that the growth of Nigeria economy will be positively affected. Also investment opportunities should be available in order to fostering economic growth. Therefore, government should increase its spending and also spend more s this will promote investment
Keywords
References
More Articles from IIARD INTERNATIONAL JOURNAL OF ECONOMICS AND BUSINESS MANAGEMENT
Author: Elechi, Ezinne, Wogboroma, Nyemaekile Ph.D, Godpower, Yiraodi Joel Ph.D
Author: Nguyen Thi Huyen Trang
Author: Jaja, Philomina Ejiroghene, Prof. C. G. Nwikina, Prof. C. R. Amadi, Prof. S. N. Amadi
Author: Ejalonibu Ojo Sakirulai
Author: Mankwat Gizo, Paul Dung Gadi, Ladi Mankwat Gizo
