Causality Analysis of Non-oil Tax Component of Government Revenue, Company Income and Transaction Taxes: Evidence from a Third World Developing Economy

Orits Frank Ebiaghan; Edirin Jeroh; Abel Oghenevwoke Ideh

doi:10.13189/ujaf.2021.090614

Causality Analysis of Non-oil Tax Component of Government Revenue, Company Income and Transaction Taxes: Evidence from a Third World Developing Economy

Universal Journal of Accounting and Finance ◽

10.13189/ujaf.2021.090614 ◽

2021 ◽

Vol 9 (6) ◽

pp. 1355-1365

Author(s):

Orits Frank Ebiaghan ◽

Edirin Jeroh ◽

Abel Oghenevwoke Ideh

Keyword(s):

Third World ◽

Government Revenue ◽

Developing Economy ◽

Causality Analysis ◽

Transaction Taxes

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Science, Technology and Development: China as a “Case Study”

The China Quarterly ◽

10.1017/s0305741000052279 ◽

1972 ◽

Vol 51 ◽

pp. 520-534 ◽

Cited By ~ 2

Author(s):

Genevieve C. Dean

Keyword(s):

Economic Growth ◽

Technological Change ◽

Third World ◽

National Development ◽

Developed Countries ◽

Developing Economy ◽

The Third ◽

Self Reliance ◽

The Third World

China shares with the developing countries of the third world the broad objective of economic growth, starting from a condition the Chinese themselves describe as “poor and blank” relative to the material resources of the developed countries. Yet “self-reliance” has been the keynote of Chinese policies for ten years, and the Chinese now urge the rest of the third world countries to adopt the same principle for their own development. In broad terms, “development” refers to the improvement of a society's material welfare, resulting from economic growth and from appropriate measures of income distribution. In Chinese and, increasingly, in general usage, such economic growth is identified with the use of production processes and the production of goods new to the developing economy. “Self-reliance” does not necessarily preclude transfer of foreign technologies into the developing country, but specifies technological change which occurs in response to demands arising within the developing economy itself, rather than imposed on it from outside. In any country, demand for technological change and distribution of the fruits of technological advance are dependent on its political and social structure, as well as on economic factors, and on the country's international economic and political bargaining power. China, whose leaders have a particular perception of the implications of these relationships for their development objectives, is an especially significant “case study” of the use of science and technology for national development.

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Treasury Single Account And Financial Discipline: A Causality Analysis

Journal of University of Shanghai for Science and Technology ◽

10.51201/jusst/21/11915 ◽

2021 ◽

Vol 23 (11) ◽

pp. 484-499

Author(s):

Sunday A. Effiong ◽

◽

Okoi, John Obono ◽

Nwafor Chidi Benson ◽

Ahakiri, F. Idiege ◽

...

Keyword(s):

Control System ◽

Federal Government ◽

Internal Control ◽

Government Revenue ◽

Causality Analysis ◽

Public Servants ◽

Critical Variable ◽

Internal Control System ◽

Monitoring Group ◽

And Control

Government revenue is the most critical variable that determines the level of expenditure, investment and growth of the economy. This study assessed the pre government revenue and the post government revenue generation outcomes using Treasury Single Account’s effective year of implementation as the baseline in Nigeria. The study sought to assess whether or not government revenue had changed significantly on the adoption of TSA. To drive this objective, government revenues were collated for 2010 – 2014 (pre TSA) and 2015-2019 (post TSA) from the Statistical Bulletin of the Central Bank of Nigeria. The study applied the paired sampled t-test to determine whether or not government revenue had increased significantly in the post TSA years of adoption. Findings showed that there is a significant increase in government revenue after the adoption of TSA in Nigeria. Following this finding, the study recommended that internal control system should be strengthened in government Ministries and Parastatals to forestall revenue leakages, and that public servants should be properly trained on the efficient application of TAS software. Also, the federal government should put in place Budget Monitoring Group to constantly monitor revenue targets and control expenditure limits.

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