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Impact of Tax Structures on Growth in Congo, Brazzaville

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  • Yasin Kuso
  • Muhia John Gachunga

Abstract

This paper will do an empirical assessment of the impact of tax structures on economic growth. It is based on the effects of the transfers from the State to businesses and the distinction between the tax on the income of natural persons, corporate taxes and taxes on goods and services. The results obtained from the model of Dickey and Fuller show in the long term, the tax on the income of natural persons, taxes on goods and services, the total revenue of the State, transfers from the State to businesses and training gross capital fixed impact economic growth, Short term, taxes on corporations, revenue and transfers from the State to businesses are influencing this growth. In contrast to long term and short term, results show revenue and transfers from the State affect economic growth. These results helped to identify the limits of the economic policies implemented in Congo-Brazzaville.

Suggested Citation

  • Yasin Kuso & Muhia John Gachunga, 2019. "Impact of Tax Structures on Growth in Congo, Brazzaville," Academic Journal of Economic Studies, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 5(2), pages 108-113, June.
    • Handle: RePEc:khe:scajes:v:5:y:2019:i:2:p:108-113
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    More about this item

    Keywords

    External debt; economic growth; generalized method of moment; Sub-Saharan Africa; foreign savings;
    All these keywords.

    JEL classification:

    • F34 - International Economics - - International Finance - - - International Lending and Debt Problems
    • F35 - International Economics - - International Finance - - - Foreign Aid
    • H63 - Public Economics - - National Budget, Deficit, and Debt - - - Debt; Debt Management; Sovereign Debt
    • H68 - Public Economics - - National Budget, Deficit, and Debt - - - Forecasts of Budgets, Deficits, and Debt

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