Trade Openness and Tax Revenue Performance in Nigeria (1987-2016)
Journal Title: International Journal of Academic Research in Business and Social Sciences - Year 2018, Vol 8, Issue 12
Abstract
The study investigated trade openness effect on tax revenue performance in Nigeria from 1987-2016. A simple econometric model of trade openness was formulated and estimated using Ordinary Least Square (OLS) regression analysis. The unit root tests showed that Tax Revenue Performance is stationary, while trade openness is non-stationary but became stationary after the first differencing. The results revealed that trade openness had negative and significant effect on tax revenue performance in Nigeria. Recommendation focused on export-oriented activities and diversification of export portfolios driven by context-based policies, thus enhance tax revenue yield. In addition, modernization of the tax system in Nigeria through technology adoption will reduce human interface in the processes of taxpayers’ registration, filling or declaration of tax returns, tax payment, tax dispute resolution and accountability for ease of doing business.
Authors and Affiliations
Johnson A. Egwakhe, Hammed B. Akinlabi, Kehinde Odunsi
Keywords
Related Articles
- EP ID EP593041
- DOI 10.6007/IJARBSS/v8-i12/5188
- Views 67
- Downloads 0
Validity and Reliability Development of Extrovert and Introvert Personality Inventory among University Students
The aim of this study is to develop and acquire content validity and reliability for Extrovert and Introvert Personality Inventory (IPEI). IPEI is developed based on the personality theory by Jung (1954). IPEI has 30 ite...
Graduate Attributes, Outcomes of Volunteering and Graduate Employability: The Case of Mice Event Volunteers
Malaysia has produced thousands of university graduates since the introduction of various institutions of higher education providers. Realizing the importance of equipping graduates with specific skills required by the i...
Professional Development of Transference Teachers to Administration / Finance Positions
The aim of this study is to investigate a) the reasons which incited teachers to take the decision to transfer, b) the degree of satisfaction and the problems they face, and c) the professional development in the new wor...
Cognitive Domain Achievement Level among Reserve Officers Training Team (PALAPES)
This study was conducted to determine the level of cognitive domain among Reserve Officers Training Team (PALAPES) after underwent three years of training module. 105 PALAPES cadet officers were recruited as participants...
“I’m Not Married, Let’s Just All Look at Me”: Single Professional Malay Women’s Experience
Clearly for most people and most cultures, marriage is a pre-ordained path, the preferred social status and the sanctioned way. In Malay culture, most people cannot accept the idea that a never married ‘normal’ woman cou...