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article · Journal of Accounting Finance and Auditing Studies

Petroleum Profits Tax, Company Income Tax and Economic Growth in Nigeria 1980–2018

202012 citationsOpen accessUniversity of Uyo

Abstract

The purpose of the study was to investigate the long run relationship existing between petroleum profit and companies' income taxes and economic growth in Nigeria in the period of 1980 to 2018. This is premised on realizing the role of taxation as a critical aspect of an economy's fiscal policy framework. Design/Methodology/Approach: The secondary data for 39 years period. The analytical tools were Augmented Dickey-Fuller (ADF) unit root-test, Engle Granger Procedure Cointegration test, Parsimonious Error Correction Mechanism (ECM), Durbin-Watson statistic and over parameterized model.

Research topics

  • Fiscal Policy and Economic Growth
  • Energy, Environment, and Transportation Policies
  • Economic Growth and Productivity

Sustainable Development Goals

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DOI: 10.32602/jafas.2020.034

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