Does goods and services tax stimulate economic growth? International evidence

Taufik Abd Hakim; Abdul Aziz Karia; Imbarine Bujang

Article Details

Research Article Volume 10 Issue 3

Does goods and services tax stimulate economic growth? International evidence

Taufik Abd Hakim • Abdul Aziz Karia • Imbarine Bujang

Published: 17 Jul 2016 Issue:Volume 10 Issue 3 Jul 2016 Author details below

Taufik Abd Hakim

Faculty of Business and Management Universiti Teknologi MARA (UiTM) Sabah, Malaysia

Abdul Aziz Karia

Faculty of Business Management Universiti Teknologi MARA (UiTM), Sabah, Malaysia

Imbarine Bujang

Faculty of Business and Management UniversitiTeknologi MARA (UiTM) Sabah, Malaysia

Goods and services tax economic growth Arrelano-Bond dynamic panel GMM estimation

Download PDF Reading View How to Cite BibTeX / RIS XML Metadata JSON Metadata View Issue

Article Metrics Report

Views, downloads, citations, engagement

Views 593235

Downloads 89

Citations 0

Engagement 593324

Cited by

Current citation count

Abstract

Research summary

This paper examines the impact of goods and services tax (GST) on economic growth in developing and developed countries using the Arellano-Bond dynamic panel GMM estimation. The empirical results reveal that GST is negatively correlated with economic growth in developing countries, while statistically significant and positively correlated with economic growth in developed countries. Therefore, we conclude that the implementation of the current flat rate of GST is least efficient in collecting the higher revenue and stimulate growth in developing countries. Hence, the implementation of the current GST should be revised to generate higher revenue and economic growth without burdening the consumption and real per capita income in developing countries.

Editorial Process

Article History

Published 17 Jul 2016

How to Cite

Hakim, T. A., Karia, A. A., & Bujang, I.. (2016). Does goods and services tax stimulate economic growth? International evidence. Journal of Business and Retail Management Research, Volume 10 Issue 3.

Citation Context

Archive cited by No internal citing article yet

Reference depth References not listed

DOI record DOI not listed

Citation signal Citation exports and metadata ready

APA

Hakim, T. A., Karia, A. A., & Bujang, I.. (2016). Does goods and services tax stimulate economic growth? International evidence. Journal of Business and Retail Management Research, Volume 10 Issue 3.

MLA

Hakim, Taufik Abd, et al.. "Does goods and services tax stimulate economic growth? International evidence." Journal of Business and Retail Management Research, Volume 10 Issue 3, 2016.

Chicago

Taufik Abd Hakim, Abdul Aziz Karia, and Imbarine Bujang. "Does goods and services tax stimulate economic growth? International evidence." Journal of Business and Retail Management Research Volume 10 Issue 3 (17 Jul 2016).

Harvard

Hakim, T. A., Karia, A. A., & Bujang, I. (2016) Does goods and services tax stimulate economic growth? International evidence. Journal of Business and Retail Management Research, Volume 10 Issue 3