GUSAU JOURNAL OF ECONOMICS AND DEVELOPMENT STUDIES
The study focussed on how Nigeria's value-added tax affected the country's ability to gen... more The study focussed on how Nigeria's value-added tax affected the country's ability to generate income spanning twenty years (1999-2019). The journal of the Chartered Institute of Taxation of Nigeria, Federal Inland Revenue Service Annual Reports, and the Central Bank of Nigeria Statistical Bulletin were sought out as secondary sources of data. A simple regression technique was used to accomplish the analysis. Results indicated that company income tax and Value Added Tax have a statistically significant impact on Nigeria's income generation. The report recommends the following actions: the government should make every effort to enhance the manner in which value-added tax is collected; all VAT agents should be committed and appear honest with regard to collection and payment Moreover, the country's tax base will grow as goods and services are taxed more which includes the activities of the informal sector.
International Journal of Engineering and Advanced Technology, 2019
In theory, it was conforming to the accepted standard the open economies grow faster than the clo... more In theory, it was conforming to the accepted standard the open economies grow faster than the closed economies, and respectable economic development level could be achieved. This paper investigates the dynamic impact of trade openness on the economic growth in Nigerian economy between 1980 - 2016 empirically. Secondary data were sourced, from the 2016 Central Bank of Nigeria Statistical Bulletin’. The tests of diagnostic conducted are: cointegration test, unit root test and error correction model. The analysis result revealed the trade openness was found to have negatively impacted on the economic growth in both the short run and long run. Based on study findings, it is recommended that since the imports of the country are more than its export; the government needs to have the present efforts to sustain the diversification of the economy to achieve economic growth led by exports. Furthermore, the collaborative effort of government with private sectors should encourage the export sub...
The research is aimed at evaluating the existence of asymmetry or otherwise of the impact of deva... more The research is aimed at evaluating the existence of asymmetry or otherwise of the impact of devaluation of currency on inflation in Malaysia for the period 1970 – 2017. Non-linear autoregressive distributed lag model (NARDL) was used as the evaluation econometric tool of the research. The findings of the study reveal that devaluation of currency has an inflationary impact in both short run and long run. Whereas, revaluation of currency does not have any impact neither in the short run nor in the long run. This confirms the upward flexibility of the impact of the increases in the changes in the exchange rate on inflation at the same time reaffirms its rigidity downward.
This research examined trade liberalization as one of the drivers of economic development between... more This research examined trade liberalization as one of the drivers of economic development between 1986 – 2016, according to World Development Report, irrespective of under unfavourable or favourable environment, open economies perform better compared with closed economy. It is acceptable standard that trade liberalization brings about employment generation, income creation, resource production, large total output improvements and relaxation or removal of foreign trade limitations (Nnadozie, 2013). Empirical researches was done in Nigeria on relationships between trade and economic development (Ehinomen & Da’silva, 2014)(Ezeuchenne, 2017) they had varied findings because of poor coverage, different techniques and sample size, therefore the need for empirical investigation; the period of choice was because of data availability. Autoregressive Distributed Lag(ARDL) was used as research econometric tool. The study findings revealed that trade liberalization did not cause growth during t...
Nonperforming loans posed a great threat to the performance of banks in emerging economies. This ... more Nonperforming loans posed a great threat to the performance of banks in emerging economies. This study seeks to examine the effect of nonperforming loans on the banks' performance in Sub-Saharan Africa region. A total of fifty (50) listed banks were drawn across six Sub-Saharan African countries that include Nigeria, Ghana, South Africa, Zambia, Kenya, and Tanzania within 9 years period (2010-2018). The study employs a two-step system generalized method of moment as the technique of analysis and inference. Findings from the study revealed a significant negative association between NPLs and bank performance within the region. Bank management and regulators are advised to work hard toward ensuring that banks keep minimum NPLs in order not to threaten the liquidity position of the banks.
GUSAU JOURNAL OF ECONOMICS AND DEVELOPMENT STUDIES
The study focussed on how Nigeria's value-added tax affected the country's ability to gen... more The study focussed on how Nigeria's value-added tax affected the country's ability to generate income spanning twenty years (1999-2019). The journal of the Chartered Institute of Taxation of Nigeria, Federal Inland Revenue Service Annual Reports, and the Central Bank of Nigeria Statistical Bulletin were sought out as secondary sources of data. A simple regression technique was used to accomplish the analysis. Results indicated that company income tax and Value Added Tax have a statistically significant impact on Nigeria's income generation. The report recommends the following actions: the government should make every effort to enhance the manner in which value-added tax is collected; all VAT agents should be committed and appear honest with regard to collection and payment Moreover, the country's tax base will grow as goods and services are taxed more which includes the activities of the informal sector.
International Journal of Engineering and Advanced Technology, 2019
In theory, it was conforming to the accepted standard the open economies grow faster than the clo... more In theory, it was conforming to the accepted standard the open economies grow faster than the closed economies, and respectable economic development level could be achieved. This paper investigates the dynamic impact of trade openness on the economic growth in Nigerian economy between 1980 - 2016 empirically. Secondary data were sourced, from the 2016 Central Bank of Nigeria Statistical Bulletin’. The tests of diagnostic conducted are: cointegration test, unit root test and error correction model. The analysis result revealed the trade openness was found to have negatively impacted on the economic growth in both the short run and long run. Based on study findings, it is recommended that since the imports of the country are more than its export; the government needs to have the present efforts to sustain the diversification of the economy to achieve economic growth led by exports. Furthermore, the collaborative effort of government with private sectors should encourage the export sub...
The research is aimed at evaluating the existence of asymmetry or otherwise of the impact of deva... more The research is aimed at evaluating the existence of asymmetry or otherwise of the impact of devaluation of currency on inflation in Malaysia for the period 1970 – 2017. Non-linear autoregressive distributed lag model (NARDL) was used as the evaluation econometric tool of the research. The findings of the study reveal that devaluation of currency has an inflationary impact in both short run and long run. Whereas, revaluation of currency does not have any impact neither in the short run nor in the long run. This confirms the upward flexibility of the impact of the increases in the changes in the exchange rate on inflation at the same time reaffirms its rigidity downward.
This research examined trade liberalization as one of the drivers of economic development between... more This research examined trade liberalization as one of the drivers of economic development between 1986 – 2016, according to World Development Report, irrespective of under unfavourable or favourable environment, open economies perform better compared with closed economy. It is acceptable standard that trade liberalization brings about employment generation, income creation, resource production, large total output improvements and relaxation or removal of foreign trade limitations (Nnadozie, 2013). Empirical researches was done in Nigeria on relationships between trade and economic development (Ehinomen & Da’silva, 2014)(Ezeuchenne, 2017) they had varied findings because of poor coverage, different techniques and sample size, therefore the need for empirical investigation; the period of choice was because of data availability. Autoregressive Distributed Lag(ARDL) was used as research econometric tool. The study findings revealed that trade liberalization did not cause growth during t...
Nonperforming loans posed a great threat to the performance of banks in emerging economies. This ... more Nonperforming loans posed a great threat to the performance of banks in emerging economies. This study seeks to examine the effect of nonperforming loans on the banks' performance in Sub-Saharan Africa region. A total of fifty (50) listed banks were drawn across six Sub-Saharan African countries that include Nigeria, Ghana, South Africa, Zambia, Kenya, and Tanzania within 9 years period (2010-2018). The study employs a two-step system generalized method of moment as the technique of analysis and inference. Findings from the study revealed a significant negative association between NPLs and bank performance within the region. Bank management and regulators are advised to work hard toward ensuring that banks keep minimum NPLs in order not to threaten the liquidity position of the banks.
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