Revenue generation capacity in developing countries: Implications for physical and human capital development in Tanzania, Kenya and Uganda

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dc.contributor.authorMwakalobo, A. B.
dc.date.accessioned2020-03-23T12:21:56Z
dc.date.available2020-03-23T12:21:56Z
dc.date.issued2015
dc.descriptionFull Text Article. Also Available at https://www.ajol.info/index.php/ajer/article/view/117609en_US
dc.description.abstractThis paper is an attempt to investigate the effects of tax revenue generation capacity on public spending in Sub-Saharan Africa drawing empirical lessons from three East African countries-Tanzania, Kenya and Uganda. It employs the co-integration and error-correction modeling framework to analyze the effects of erratic and inadequate revenue generation on physical and human capital development in Tanzania, Kenya, and Uganda using time-series data over the period 1970-2005.The results unambiguously demonstrate that changes in tax revenue have strong impacts on physical and human capital development spending in the three countries. The policy lessons that can be drawn from the findings of this paper is that the three countries should strike a balance of the composition of government expenditure; reprioritize public expenditure into productive spending and strive to generate sufficient tax revenue to finance budget expenditures on physical and human capital development in order to reduce poverty and promote long-run economic development.en_US
dc.identifier.citationMwakalobo, A. B. (2015). Revenue generation capacity in developing countries: Implications for physical and human capital development in Tanzania, Kenya and Uganda. African Journal of Economic Review, 3(1), 21-38.en_US
dc.identifier.otherhttps://www.ajol.info/index.php/ajer/article/view/117609
dc.identifier.urihttp://hdl.handle.net/20.500.12661/2307
dc.language.isoen_USen_US
dc.publisherAfrican Journal of Economic Reviewen_US
dc.subjectTaxen_US
dc.subjectTax revenue generationen_US
dc.subjectPhysical infrastructureen_US
dc.subjectHuman capitalen_US
dc.subjectTanzaniaen_US
dc.subjectKenyaen_US
dc.subjectUgandaen_US
dc.subjectDeveloping countriesen_US
dc.subjectPublic spendingen_US
dc.subjectTax revenueen_US
dc.subjectRevenueen_US
dc.titleRevenue generation capacity in developing countries: Implications for physical and human capital development in Tanzania, Kenya and Ugandaen_US
dc.typeArticleen_US
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