scholarly journals Implications of Tax Revenue on Economy Growth in Nigeria

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.

Author(s):  
Samuel Olusegun James ◽  
Adewole Joseph Adeyinka ◽  
Idih Ogwu Emmanuel

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.


2019 ◽  
Vol 21 (1) ◽  
pp. 56
Author(s):  
Dedy Mainata ◽  
Angrum Pratiwi

<p><em>This study aims to determine the effect of growth in Islamic insurance on economic growth. By using secondary data sources, secondary data in the form of total Islamic insurance assets during 2015-2017 originated from the report of the Non Islamic Bank Financial Industry in the official website. This study analyzes the influence of the growth variables of Islamic insurance on economic growth. With the Independent variable in this study is the growth of Islamic insurance with total assets as an indicator (X). And the dependent variable in this study is Indonesia's economic growth using the indicator Gross Domestic Product (GDP) or Gross Domestic Product (GDP) (Y). The results of the study show that the growth variables of Islamic insurance have an effect on Indonesia's economic growth.</em><em></em></p>


2016 ◽  
Vol 12 (1) ◽  
pp. 13
Author(s):  
Aditya Novandy Arotaa ◽  
Benu L.S. Olfie ◽  
Theodora M. Katiandagho

Tomohon development as an autonomous region led to the need for non-agricultural land is increasing from time to time. This condition causes the competition has taken place in land use. Feared an increased need for non-agricultural land will lead to land conversion of agricultural land to non-agricultural. The transfer of land use will have an impact on agricultural production that will affect the agricultural sector GDP. This study aims to determine the relationship between the area of ​​agricultural land with a regional gross domestic product of agriculture in Tomohon. This study was conducted over four months starting in February 2015 to May 2015 in Tomohon. The data are used, in this study, is a secondary data obtained from the Office of National Statistics Agency (BPS) and the Department of Agriculture in To-mohon. Data presented tabularize and and analyzed using correlation analysis. The results showed that, in the last three years, agricultural land area in Tomohon shrinkage due to the need for non-agricultural land, especially residential construction increased. It is given Tomohon is a city that is building. Reduction of agricultural land in 2012 amounted to 1.77 percent by the year 2014 decreased by 0, 01 percent. Instead rate of growth of gross regional domestic product of the year 2012 increased by 6.54 percent to 6.92 percent in 2014. The study concluded that the impact of agricultural land being against the gross regional domestic product, caused by another factor, namely the constant price factors that influence regional gross do-mestic product of Tomohon. Thereforet, when the land area or size increased in 2005-2011 and decreased in the year 2012 - 2014 however regional gross domestic product still increased. The relationship between land area with a regional gross domestic product is being categorized correlated with the value of the correlation is 0.62.*er*


2021 ◽  
Vol 7 (3) ◽  
pp. 33
Author(s):  
Emre Belli ◽  
Yusuf Yağız Saraçoğlu

The purpose of this study is to investigate the relationship between the economic development and order of success of the countries ranked in the top 20 at the 2020 Tokyo Olympics. In this context, the total number of medals of the countries in the top 20 of the total number of medals in the Tokyo 2020 Olympics was selected as a sporting success, as an indicator of development, the countries’ Gross Domestic Product (GDP) levels were also considered.In order to investigate the relationship between sporting success and economic development; SPSS package program was used. The significance level was considered as p < 0.05. Correlation analysis was performed by selecting the total number of medals as a dependent variable, the gross domestic products as an independent variable, and the population as a control variable.Findings of this research, a relationship was found the Gross Domestic Product (GDP) of the countries and the number of medals obtained at the 2020 Tokyo Olympics.According to these findings, a relationship has been found between economic development of countries and the number of medals won at the 2020 Tokyo Olympics, which we can see as international sporting success.


2018 ◽  
Vol 32 (1) ◽  
pp. 105-116
Author(s):  
Dil Nath Dangal

This study has been designed to calculate elasticity and buoyancy and projection of various taxes in Nepal from 2018 to 2020. This study is based on secondary data published by the government of Nepal covering a period between the fiscal year 2000 to 2016. The various sources of revenue as a proportion of the Gross Domestic Product (GDP) have been analyzed during this period. This study particularly deals with the analysis of elasticity and buoyancy of tax and nontax revenue. The projection of tax revenue since 2018 to 2020 has also been forecasted. The findings reveals that the overall tax system of Nepal seemed to be inelastic during study period, and direct taxes appeared smaller elasticity’s than indirect taxes and those buoyancy coefficients of major taxes became much higher than their respective elasticities.


Circulation ◽  
2014 ◽  
Vol 129 (suppl_1) ◽  
Author(s):  
Rajesh Vedanthan ◽  
Mondira Ray ◽  
Valentin Fuster ◽  
Ellen Magenheim

Introduction: Hypertension is the leading global risk for mortality and its prevalence is increasing in many low- and middle-income countries. Hypertension treatment rates are low worldwide, potentially in part due to insufficient human resources. However, the relationship between health worker density and hypertension treatment rates is unknown. Objective: To conduct an econometric analysis of the relationship between health worker density and hypertension treatment rates worldwide. Methods: Hypertension treatment rates were collected from published reports between 1980 and 2010. Data on health worker (physician and nurse) density were obtained from the World Health Organization (WHO). Data for potential confounding variables--per capita gross domestic product, hospital bed density, burden of infectious diseases, land area and urban population--were obtained from WHO and World Bank databases. Potential interaction by per capita gross domestic product was evaluated. Multivariable logistic-logarithmic regression analysis was performed using Stata. Results: Full data were available from 146 countries spanning all World Bank income classification categories. Health worker density was significantly associated with hypertension treatment rate in the unadjusted model (beta = 0.23; p < 0.005). In the fully adjusted model, the association remained positive but was not statistically significant (beta = 0.30; p = 0.078) (Figure). Hypertension treatment rates were more strongly related to physician than nurse density (beta = 0.21 vs 0.08; p = 0.10 vs 0.49). Conclusion: Hypertension treatment rates across the world appear to be related to health worker density, although the relationship does not achieve strict statistical significance. Our results suggest that a 10% increase in health worker density is associated with a 2-3% increase in hypertension treatment rate. Given the global burden of hypertension and other chronic diseases, WHO guidelines for health workforce staffing may need to be reconsidered.


2017 ◽  
Vol 1 (1) ◽  
pp. 15-25
Author(s):  
Ismayana Marhamah

This study aims to determine the effect of profit sharing growth, liquidity growth, gross domestic product (GDP) growth, of mudharabah saving growth in general islamic banks. The variables studied are the influence of profit sharing rate, liquidity growth, gross domestic product (GDP) growth as independent variable and mudharabah saving growth as dependent variable. The population in this study are sharia islamic banks registered in Bank Indonesia (BI) and the amount of gross domestic productquarter-year period 2012-2016.The result of hypothesis testing (t test) shows that the profit sharing growth and gross domestic product partially has significant effect to mudharabah saving growth. Then the test result of liquidity growth partially has no effect and not significant to mudharabah saving growth. The results of simultaneous hypothesis test (test F), show that all independent variabels in this study has significant effect to mudharabah saving growth.


2010 ◽  
Vol 8 (2) ◽  
pp. 357
Author(s):  
Muhammad Sri Wahyudi Suliswanto

Poverty is classic issue faced by most developing countries and is one of economic indicators to view public welfare level in any region. The research aimed to analyze effect of Gross Domestic Product (GDP), and human development index on poverty in Indonesia. Analysis used quantitative with Random Effect Model (REM) method in Panel Data with time series year 2006 to 2008. Anaysis result concluded that all independent variable simultaneously had significant effect on poverty variable in Indonesia and partially Gross Domestic Product (GDP) variable had significant negative influence on poverty with α 20%, and Human Development Index (HDI) variable had significant negative influence on poverty with α 5%.


2014 ◽  
Vol 1 (3) ◽  
pp. 156-162
Author(s):  
Tendai Makoni

The time series yearly data for Gross Domestic Product (GDP), inflation and unemployment from 1980 to 2012 was used in the study. First difference of the logged data became stationary as suggested by the time series plots. Johansen Maximum Likelihood Cointegration test indicated a long-run relationship among the variables. Granger Causality tests suggested unidirectional causality between inflation and GDP, implying that GDP is Granger caused by inflation in Zimbabwe. Another unidirectional causality was noted between unemployment and inflation. The causality between unemployment and inflation imply that unemployment do affect GDP indirectly since unemployment influences inflation which in turn positively affect GDP.


Author(s):  
Dr. Rajinder Godara ◽  
Bal krishan

The Agriculture sector is the mainstay role of Indian’s Economy & livelihood through the generate of employment in the agriculture sector. With the passage of time the Agriculture & Allied Sector is continuously declining because of a cause of land fragmented day by day. Due to the land fragmented but ours’ dependency on the industrial sector as well as the services sector. In the agriculture sector in 2017-18 of the workforce, 50 percent of people engagement depends on the agriculture sector. Further agriculture sector contribution 17-18 percent of the total GDP (Gross domestic product) of national income. In Haryana state agriculture contribution is about 14.5 percent to its gross domestic product (GDP) while providing employment 51 percent of the workforce engaged in agriculture. Further, about 75% of the area is irrigated, through tube Wells and an extensive system of canals. About 2/3rd of the State has assured irrigation, most suited for a rice-wheat production system, whereas rain-fed lands around 1/5th are most suited for rapeseed & mustard, pearl millet, cluster bean cultivation, agro-forestry, and arid-horticulture. Methodology Statistical Techniques and Tools: The secondary data published from Haryana statistical Abstract, Economic The survey, Ministry of Agriculture and Farmers’ Welfare, published Research papers in the journal, and agriculture reports and so on. To compute the growth behavior of trends and performance of agriculture production in Haryana farm area, yield, production and income, the exponential function will be fitted. Review of Literature, Problem increasing the productivity in Haryana. Improved agriculture Productivity


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