Modeling the Economic Impact of Value Added Tax Reforms in Nigeria
نویسندگان
چکیده
The purpose of this study is to verify the response economic services changes in value-added tax legislation. This research looked at all activities, including agriculture, transportation, communication, entertainment, construction, manufacturing, and financial services, among others. Nonetheless, VAT policy amendment intended improve activity provide funds for government carry out social obligations. However, it critical with empirical data help guide these amendments as needed. employs ARDL ECM investigate both long- short-term effects reform on productivity enhancement. used ranges from 1994, when was fully implemented Nigeria, 2022. use allows a thorough examination impact reform. findings indicate that long run, has positive significant but short show an intangible activities. implication service reformation can only be tangible run businesses are able adjust changes. also reveals inflation harmful economy run. As result, suggests policymakers keep eye before raising or lowering rate order avoid massive collapse.
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ژورنال
عنوان ژورنال: Journal of Tax Reform
سال: 2023
ISSN: ['2414-9497', '2412-8872']
DOI: https://doi.org/10.15826/jtr.2023.9.2.138