This study examines the relationship between government size and economic growth in Nigeria using annually time series data for 1970 through 2010.In order to fully account for feedbacks, a vector autoregression model is utilized. The results show that there is a long-run relationship between government size and economic growth. The Forecast Error Variance Decomposition results show that the main sources of Nigeria economic growth variation are due largely to "own shocks", government size and real gross domestic product per head innovations. This study therefore recommends adoption of government activities expansion as a means of accelerating economic growth in Nigeria.
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.
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