Opuala -Charles, Silva and Orji, Jonah O. Revenue Per Capita and Economic Growth Nexus: Building a New Revenue Framework for Nigeria. International Journal of Development and Economic Sustainability, 10 (6). pp. 1-17. ISSN 2053-2199 (Print), 2053-2202(Online)
![[thumbnail of Revenue Per Capita and Economic Growth Nexus.pdf]](https://tudr.org/style/images/fileicons/text.png)
Text
Revenue Per Capita and Economic Growth Nexus.pdf - Published Version
Restricted to Registered users only
Available under License Creative Commons Attribution Non-commercial No Derivatives.
Download (1MB) | Request a copy
Abstract
The challenging consequences of poor economic performance across most emerging economies is a reflection of the weak public revenue management system. Hence, the study into Revenue per capita and Economic growth nexus: Building a new revenue framework for Nigeria. The study employed the Parsimonious Error Correction Model (ECM) for adjusting the parameters of auto regressive distributed lag (ARDL) model to examine the outcome of economic growth, proxy of real gross domestic product (RGDP) on Revenue per capita, proxy of gross national product per capita(GNPPC); gross fixed capital formation (GFCF); and Inflation rate (INFR). The finding revealed a significant positive relationship between GDP and its lagged value, as well as GNPPC. Whereas, a negative but significant impact subsist between GDP and lagged value of GNPPC; while, an insignificant negative impact exists between GDP and GFCF and its lagged value. Inflation rate exhibited a moderate significant inverse relationship with economic growth during the review period. Based on the finding, It was recommended among others: tax revenue generating agencies should pursue fiscal sustainability by rethinking Nigeria’s tax policy mix and design to consummate enduring prosperity for Nigerians.
| Item Type: | Article |
|---|---|
| Subjects: | H Social Sciences > H Social Sciences (General) |
| Depositing User: | Professor Mark T. Owen |
| Date Deposited: | 15 Nov 2022 12:48 |
| Last Modified: | 15 Nov 2022 12:48 |
| URI: | https://tudr.org/id/eprint/1195 |
Available Versions of this Item
- Revenue Per Capita and Economic Growth Nexus: Building a New Revenue Framework for Nigeria. (deposited 15 Nov 2022 12:48) [Currently Displayed]
Actions (login required)
- View Item
CORE (COnnecting REpositories)
CORE (COnnecting REpositories)