Open AccessEmpirical X-Ray of Trade Liberalization, Exchange Rate and Tax Revenue in Nigeria
Author(s) -
Mustapha Akinkunmi
Publication year - 2017
Publication title -
international finance and banking
Language(s) - English
Resource type - Journals
ISSN - 2374-2089
DOI - 10.5296/ifb.v4i2.11931
Subject(s) - economics , revenue , monetary economics , tax revenue , international economics , inflation (cosmology) , exchange rate , free trade , sample (material) , liberalization , macroeconomics , market economy , finance , chemistry , physics , chromatography , theoretical physics
Inconclusive results arising from empirical evidence on the link between trade liberalization, exchange rates and tax revenue, serve as a motivation for this study. The study investigates these linkages in Nigeria over the sample period 1980-2016. It finds that only term of trade poses a substantial effect on the long-term tax revenue in the country, whereas trade liberalization, exchange rate and inflation rate are driving factors that influence short-term tax revenues.