TAX REVENUE PERFORMANCE IN SUB-SAHARAN AFRICA COUNTRIES: ARE THERE EMPIRICAL EVIDENCE FOR MACROECONOMIC VARIABLES?

Nosakhare Arodoye (), Dickson Oriakhi () and Milton Iyoha ()
Additional contact information
Nosakhare Arodoye: Department of Economics, Faculty of Social Sciences, University of Benin, Benin City, Nigeria
Dickson Oriakhi: Department of Economics, Faculty of Social Sciences, University of Benin, Benin City, Nigeria
Milton Iyoha: Department of Economics, Faculty of Social Sciences, University of Benin, Benin City, Nigeria

Oradea Journal of Business and Economics, 2020, vol. 5, issue special, 69-81

Abstract: This study, examines the dynamic effects of macroeconomic factors on the overall tax revenue performance of thirty-three (33) Sub-Saharan African countries for eighteen years that range from 2000-2017 employing the system generalized method of moments methodology. This study provides empirical evidence for the dynamic and significant effects of macroeconomic variables on tax revenue performance in SSA countries. Arising from our empirical findings, the study recommends that, on the average, governments of SSA countries should establish the necessary macroeconomic preconditions for the effective and efficient administration of the countries’ tax systems to further boost her taxable capacity and fiscal surpluses.

Keywords: Macroeconomic Variables; Tax Revenue; Growth; Generalized Methods of Moment; Dynamic Panel; sub-Saharan Africa. (search for similar items in EconPapers)
JEL-codes: C23 C33 E62 F41 H20 O55 (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://ojbe.steconomiceuoradea.ro/wp-content/uploa ... pecial_fin-69-81.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ora:jrojbe:v:5:y:2020:i:special:p:69-81

Access Statistics for this article

More articles in Oradea Journal of Business and Economics from University of Oradea, Faculty of Economics Contact information at EDIRC.
Bibliographic data for series maintained by Tomina SAVEANU ().