TITLE:
Trade Liberalization and Tax Revenue Performance in Uganda
AUTHORS:
Micah Samuel Gaalya
KEYWORDS:
Trade Liberalization, Tax Revenue Performance, Tax to GDP Ratio
JOURNAL NAME:
Modern Economy,
Vol.6 No.2,
February
11,
2015
ABSTRACT: The study uses fixed and random effects models to establish the
determinants of tax revenue performance. The data cover the period 1994 to
2012, with the results suggesting that exchange rates, trade openness and share
of industry to GDP positively influence tax revenue performance while the
agriculture share to GDP and foreign aid negatively influence tax revenue
performance. Importantly the coefficient for trade openness that is used as a
proxy for trade liberalization indicates a positive influence on tax revenue
performance.