Pantamee, Abdurrahman Adamu and Yola, Abdulnasir Turawa and Mas’ud, Abdulsalam (2020) The nexus between tax revenue and government expenditure in Nigeria; evidence from Toda -Yamamoto causality test. International Journal of Innovation, Creativity and Change, 11 (1). pp. 458-472. ISSN 2201-1323

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Abstract

This paper investigates the causal relationship between three types of tax revenue and government expenditure in Nigeria. Infrastructural decay and the government’s inability to meet its responsibilities has raised concern about the relationship between tax revenues and government expenditure in Nigeria. The study employed the TodaYamamoto causality test for its ability to clearly show the causal relationship between variables. Empirical evidence shows a unidirectional causality from the three types of tax revenue and government expenditure in Nigeria. The study concludes that government expenditure is not yielding the desired objective of increasing tax broad. Therefore, the paper recommends that long term government expenditure and economic policies that will increase tax revenues are given more emphasis.

Item Type:	Article
Uncontrolled Keywords:	Tax revenue, government, expenditure, causality, infrastructure
Subjects:	H Social Sciences > HF Commerce > HF5601 Accounting
Divisions:	Tunku Puteri Intan Safinaz School of Accountancy (TISSA)
Depositing User:	Mrs. Norazmilah Yaakub
Date Deposited:	18 Oct 2020 01:45
Last Modified:	18 Oct 2020 01:45
URI:	https://repo.uum.edu.my/id/eprint/27743

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