Anmerkungen:
In: Khazar Journal of Humanities and Social Sciences, Volume 5, № 3, June; 2022, 28-42
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments June 28, 2022 erstellt
Beschreibung:
Although, the amount of revenue generated through non-oil tax in Nigeria in the last few decades is enormous, key indicators of economic growth have not perform very well. Therefore, the study examines the impact of tax revenue on economic growth in Nigeria. The data which were sourced from Central Bank of Nigeria Statistical Bulletin and Federal Inland Revenue Service covered the period, 2011-2020. The model was estimated using autoregressive distributed lag bounds testing approach to co-integration for the long-run analysis while an unrestricted error correction model was relied upon to explore the contemporaneous dynamics. The study finds that the trends of tax revenue are unstable with tertiary education tax being relatively more pronounced. Also, the study finds that economic growth had long-run significant relationship with tax revenue components