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Dynamics of Revenue Generation in Tanzania, Kenya and Uganda: A Co-integration and error-correction modeling approach

African Journal of Economic Review

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Title Dynamics of Revenue Generation in Tanzania, Kenya and Uganda: A Co-integration and error-correction modeling approach
 
Creator Mwakalobo, ABS
 
Subject Short-run, Long-run, Revenue generation, Tax buoyancy, Co integration, Error-correction, Tanzania, Kenya, Uganda
 
Description The dynamics of revenue generation in Tanzania, Kenya and Uganda are explored. Results demonstrate that revenue generation is sluggish in Tanzania compared to Kenya and Uganda. Macroeconomic  environment, economic structure, and level of development are fundamental at explaining these  differences. Results reveal that these countries have the potential for generating more revenue, if could address weaknesses inherent in their tax systems. Computerization of tax collection; expansion of the tax base; address problems associated with tax revenue leakages; and instituting strong legal enforcements should be at the fore in the ongoing tax reforms so as to enhance tax revenue collection.Key worlds: Short-run, Long-run, Revenue generation, Tax buoyancy, Co integration, Error-correction, Tanzania, Kenya, Uganda
 
Publisher Centre for Economics and Community Economic Development
 
Contributor
 
Date 2015-07-14
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier https://www.ajol.info/index.php/ajer/article/view/119428
 
Source African Journal of Economic Review; Vol 3, No 2 (2015); 15-37
1821-8148
 
Language eng
 
Relation https://www.ajol.info/index.php/ajer/article/view/119428/108886
 
Rights The copyright belongs to: African Journal of Economic Review, Centre for Economics and Community Economic Development, The Open University of Tanzania, P.O.Box 23409, Dar es salaam, Tanzania